Savings and Money Market
The Bank of Mead offers different savings accounts to begin or continue your savings plans.
Passbook Savings
- This is for our customers beginning a savings plan.
- Minimum balance to open account: $25.00
- Minimum daily balance to earn interest: $25.00
- Minimum daily balance to avoid fees: None
Market Leader Account (MMDA)
An account with limited check writing privileges and earns money market rates of interest.
- Minimum balance to open account: $2,500.00
- Minimum daily balance to avoid fees: $2,500.00
- Minimum daily balance to earn interest: $2,500.00
- If balance falls below $2,500.00 monthly maintenance fee: $10.00
This is a tiered rate account:
- Tier 1 $250,000.00 or more
- Tier 2 $100,000 - $249,999.99
- Tier 3 $50,000.00-$99,999.99
- Tier 4 $10,000.00 - $49,999.99
- Tier 5 $2,500.00-$9,999.99
Please contact the Bank of Mead at (402)624-2255 or toll free at (800)482-2611 for our current rates.