Michigan Heritage Bank Building

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Public Funds Deposit Rates

Effective Date: 8/18/2008

Checking Accounts
Public Funds Interest Bearing Checking Account
  Rate APY Min. Bal.
to Avoid Fee
$0-$9,9991.000%1.000% 
$1,0000+1.982%2.000%$1,000
*** Compounds Monthly

APY = Annual Percentage Yield


Money Market Accounts
Terms Rate APY Min. Bal.
to Avoid Fee*
Premier Money Market$2,500
$0-$99,9992.472% 2.500%  
$100,000+ 2.716% 2.750%  
Limited Access Account -
3 checks/month - 6 preauthorized withdrawals
*** Compounds Monthly
APY= Annual Percentage Yield
 
Contact Information
Contact: (800) 914-3524 x 539
Natalie Conyers, Director of Retail Banking


Certificates of Deposit
Minimum Deposit of $50,000
Term in Days Rate APY
0-142.500%*
15-292.500%*
30-592.500%*
60-892.500%*
90-1192.750%*
120+2.750%*
* Compounds at Maturity

Rates are subject to change. Call for updated rates.

APY = Annual Percentage Yield
Member FDIC - Equal Housing Lender