Mid America Bank - Home
ONLINE BANKING
Access ID
Enroll Now
Online Banking
Personal Banking
Business Banking
Lending
Rates & Fees
Calculators
Other Services
Automated Services
Locations

Interest Rates

Certificate Of Deposit Rates

Rates effective as of 07/23/2008

Certificates Minimum Balance to Open Interest Rate* Annual Percentage Yield (APY)
03 Month CD $1,000.00 2.00% 2.01%
06 Month CD $1,000.00 3.50% 3.53%
12 Month CD $1,000.00 2.40% 2.41%
18 Month CD $1,000.00 2.98% 3.00%
24 Month CD $1,000.00 2.60% 2.62%
30 Month CD $1,000.00 2.70% 2.72%
36 Month CD $1,000.00 4.01% 4.05%
48 Month CD $1,000.00 2.80% 2.82%
60 Month CD $1,000.00 3.15% 3.17%
Additions are not allowed during the term of the Certificate of Deposit. Withdrawals of principal may be subject to penalty. Rates are subject to change daily.

Deposit Rates

Rates effective as of 06/03/2008
SAVINGS ACCOUNTS
Account Type Minimum Balance to Open Minimum Balance To Obtain the APY Interest Rate* Annual Percentage Yield (APY)
Passbook Savings $50.00 $25.00 1.00% 1.00%
IRA Savings 3.00% 3.02%
Prime Time Money Market Account $10,000.00 $ 1,000.00 1.00% 1.00%
$25,000.00 $10,000.00 1.20% 1.21%
$50,000.00 $25,000.00 1.30% 1.31%
Over $50,000.00 $50,000.00 1.40% 1.41%


CHECKING ACCOUNTS
Account Type Minimum Balance to Open Minimum Balance To Obtain the APY Interest Rate* Annual Percentage Yield (APY)
Super Now Accounts $ 1,000.00 $ 1,000.00 1.00% 1.00%
$25,000.00 $ 5,000.00 1.10% 1.11%
Over $25,000.00 $25,000.00 1.25% 1.26%
*For interest earning accounts the rate is variable and may change after the account is opened. 

Fees

The following fees may be assessed against your account and the following transaction limitations, if any, apply to your account:
Check Printing (Fee depends on style of check ordered)
Dormant Savings account fee*
This fee is charged semiannually and if the balance is below $50.00
$10.00
Dormant Checking Accounts** $1.00 per month if balance is below $25.00
Overdraft (each debit or check paid) $21.00
Non-sufficient funds (NSF) item (each) $21.00
Stop Payments (all items) $10.00
Wire Transfers Outgoing (Domestic) $10.00
Online Banking Free
Bill Pay Free
*A Savings account is dormant if for 18 months you have made no deposits or withdrawals to the account. 
**A Checking Account will become dormant after 12 months if there are no withdrawals or deposits to the account. 
Home  : About Us  : Privacy Policy  :  Contact Us