Business Banking - Certificates of Deposit
Monroe County Bank offers safe and flexible Certificates of Deposit. Interest is paid at current market rates and the interest rate is fixed for the maturity you select. Certificates can be opened with $1,000. Certificate benefits include:
- Maturity terms available from 3 months to 5 years
- Fixed interest rate on daily balance until maturity
- Interest payments by check, compounding, or crediting another MCB account
- Maturity notices mailed prior to maturity date
- Early withdrawal penalties apply