MSB Logo
Enroll
Download Application
Enroll
Download Application

Indexed Money Market

Is Your Bank Putting the Squeeze on Your Money?

You go to work to make more cash. Let your investments do the same with our Indexed Money Market Account. Get high rates you can trust. No maintenance necessary. Make it one of your core accounts to continuously earn more, just for saving. That’s an easy job for you, and your cash. Your trust is our priority, so you won’t find surprises in our fine print. Transparency – that’s the McHenry Savings Bank way.

Image of Indexed Money Market

A $10,000 minimum deposit is required to open Personal or Business account and obtain the stated Annual Percentage Yield (“APY”). Public Fund customers do not qualify. Interest Rate is based on the weekly average 4-week Treasury Bill secondary market rate as published by the Federal Reserve in their H.15 Release located at their website Federal Reserve. Interest is compounded daily and credited to account monthly. MSB, at its discretion, may offer a rate greater than the minimum allowable rate. Rates may change at any time. A minimum balance fee of $5.00 will be imposed every month if the monthly average balance in your account falls below $5,000.00 any day of the month. Maximum account balance may not exceed $2,000,000. Transaction limitations will apply. Fees may reduce earnings. See a Personal Banker for product details and account disclosure with full Terms and Conditions and Fee Schedule. MSB reserves the right to withdraw this offer any time.