Savings & CDs
Moody National Bank offers our customers competitively priced products and services designed to help you meet your financial goals. Whether you need a savings account for your child, a checking account designed specifically for customers over age 55, or something in the middle, Moody National Bank has you covered.
Personal Savings
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| | Moody Savings | Moody Minor Savings | Moody Premier Money Market Account | Moody Money Market |
|---|---|---|---|---|
| Minimum Opening Balance | $100 | $25 | $50,000 | $2,500 |
| Minimum Balance Required | $250 | $0 | $50,000 | $2,500 |
| Monthly Service Charge | $5 ¹ | $0 | $25 ¹ | $15 ¹ |
| Interest Bearing Account |  |  |  |  |
| E-Statements |  |  |  |  |
| Online Banking |  |  |  |  |
| Mobile Banking |  |  |  |  |
| Free Transactions per Month ² | 6 | 6 | 6 | 6 |
| Additional Benefits | | | Check writing ability | Check writing ability |
¹ If balance falls below required minimum.
² Pre-authorized transactions check, draft, debit card, telephone transfer (including data transmission), automatic transfer, ACH or similar order payable to third parties. A per item fee of $10 will be charged for each returned debit in excess of six during the monthly statement. A $2 per item fee will be charged for all Non-Regulatory debits paid in excess of six during the monthly statement cycle. Other fees may apply.
Certificates of Deposit
For balances under $100,000. For other balances and rates please contact your local branch.
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| Term | Minimum Opening Deposit | Interest Rate | Annual Percentage Yield |
|---|---|---|---|
| 3 Months | $500 | 0.35% | 0.35% |
| 6 Months | $500 | 0.55% | 0.55% |
| 1 Year | $500 | 0.85% | 0.85% |
| 2 Year | $500 | 1.00% | 1.00% |
| 3 Year | $500 | 1.20% | 1.21% |
| 4 Year | $500 | 1.45% | 1.46% |
| 5 Year | $500 | 2.00% | 2.02% |
A penalty is imposed for early withdrawal from a CD. See the schedule of fees.
Learn more details by selecting an account below:
- Moody Savings
- Moody Minor Savings
- Moody Premier Money Market Account
- Moody Money Market
- Certificates of Deposit (CDs)
- Individual Retirement Accounts (IRAs)
Moody Savings
It's always a good idea to have a savings account. Moody National Bank offers this basic account as a means to build a safety net or start a nest egg.
Summary
- There is a $100 minimum deposit to open
- Minimum balance of $250 required to earn interest
- Competitive interest rates
- Interest compounded and credited monthly
- Free online banking
- Free mobile banking ³
- Free monthly e-Statements
- Six free pre-authorized or third-party transfers per month*
- $5 service charge when balance falls below $250 after the 1st month statement cycle
- Check out our current rates
Moody Minor Savings
At Moody National Bank, we believe that the key to a financially sound future is to get started early. That's why we offer this account for our young customers 17 years of age and under to start building good saving habits.
- Savings account for customers under 17
- $25 minimum deposit to open
- Competitive interest rates
- Interest compounded and credited monthly
- Free online banking
- Free mobile banking ³
- Free monthly e-Statements
- Six free pre-authorized or third-party transfers per month*
Moody Premier Money Market Account
Our high-end money market account is available for all customers who want to make a larger deposit and grow their money safely.
Summary
- Requires a minimum opening deposit of $50,000
- High yield without tying up your funds (no minimum balance required)
- Tiered interest rates
- Direct check writing ability
- Free online banking
- Free mobile banking ³
- Free monthly paper or e-Statements
- Six free pre-authorized or third-part transfers per month*
- $25 monthly service charge when minimum balance falls below $50,000
- Check out our current rates
Moody Money Market
With its tiered rate structure, a Money Market account is an excellent alternative to a regular savings account. It offers limited transactions, but rewards higher balances with higher earnings.
Summary
- Higher yields than savings without tying up your funds
- Tiered interest rates
- Direct check writing ability
- Free online banking
- Free mobile banking ³
- Free monthly e-Statements
- Six free pre-authorized or third-party transfers per month*
- $2,500 minimum deposit to open
- $15 service charge when balance falls below $2,500
Certificates of Deposit (CDs)
Guarantee your returns with this low-risk investment option. A Moody National Bank CD offers fixed-rate earnings on your choice of flexible terms, ranging from 3 months up to 5 years.
Summary
- Earn higher rates than with a savings account
- No risky investments or up-and-down markets
- Fixed rate guarantees returns for the length of your term
- Terms from 3 months up to 5 years
- Funds are FDIC insured up to $250,000
- Early withdrawal penalties apply
- Manage your account with free online banking
- $500 minimum deposit to open
- Check out our current rates
Individual Retirement Accounts (IRAs)
The best time to start planning for your retirement is now. An IRA from Moody National Bank can prepare you for the future, with competitive rates and terms to fit your specific needs. It offers special tax advantages so you can make the most out of your investment. Talk to our investment experts and get on the road to a financially secure future today.
Summary
- Competitive interest rate, above standard savings rates
- No setup fees
- No monthly or annual maintenance fees
- Terms from 1 to 5 years
- $5,500 contribution limit per year
- Additional $1,000 "catch-up" contribution allowed for ages 50+
- Manage your account with free online banking
- $500 minimum deposit to open
³ Mobile Banking requires enrollment through Online Banking and download of mobile app.View the Online Banking Service Agreement for more information. Data connection required. Wireless carrier fees may apply. The Mobile Banking app is available on iPad, IPhone and Android devices.