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 Ambassador Club
(Value-added checking with special member benefits)
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*Here's How
Unlike other checking accounts, our Ambassador Club provides you with valuable extras to save you money.
For example, get up to $40 per year back with our Everyday Rebate Rewards program. This benefit alone makes the account less than $1.70 per month!*
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- $100 minimum to open
- $500 minimum daily balance to earn interest
- FREE first order of checks (or one-time 50% discount on other selected check styles)
- FREE ATM/Debit card (subject to approval)
- FREE direct deposit
- FREE automatic bill paying
- FREE phone banking
- FREE Travelers and Cashiers checks
- Unlimited check writing
- Bounce Protectionsm and overdraft sweep protection (optional)
- Unlimited transactions
 Travel discounts
- FREE accidental death insurance
- Everyday Rebate Rewards
- Rx Advantage Prescription Drug Program
- Monthly statement
- All for $5 monthly membership fee!
Click here to see how you can make your membership fee less  than $1.70 per month...
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Free Style Checking
(Free non-interest bearing checking account)
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- $100.00 minimum to open
- No minimum daily balance
- No monthly service charge
- FREE first order of check (50 wallet-style checks)
- FREE ATM/Debit card (subject to approval)
- FREE direct deposit
- FREE automatic bill paying
- FREE phone banking
- Unlimited check writing
- Bounce Protectionsm and overdraft sweep protection (optional)
- Unlimited transactions
- Monthly statement
- IT'S FREE*!
*No minimum balance or fall-below fee. Some fees may be applicable for items such as checks, NSF charges, etc...
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My Style Checking
(Interest-bearing tiered rate checking)
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- $100.00 minimum to open
- $500.00 minimum daily balance to earn interest and avoid a $5.00 monthly service charge
- Rates based on balance (see below for rate tiers)
- Check images returned (optional)
- Monthly statement FREE ATM/Debit card (subject to approval)
- FREE direct deposit
- FREE automatic bill paying (optional)
- FREE phone banking
- Unlimited check writing
- Bounce Protectionsm and overdraft sweep protection (optional)
- Unlimited transactions
INTEREST RATE INFORMATION:
- Tier 1 - $0.00 to $499.00 (no interest)
- Tier 2 - $500.00 to $2,499.00
- Tier 3 - $2,500.00 to $4,999.00
- Tier 4 - $5,000.00 to $7,499.00
- Tier 5 - $7,500.00 or greater
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Investors Money Market
(Premium rate investment account)
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- $5,000.00 minimum to open
- Check images returned monthly
- Withdrawals may be made without penalty (see limitations below)
- Monthly statement
- FREE phone banking
- FREE ATM card
- Overdraft sweep protection (optional)
LIMITATIONS:
- Maximum of six (6) pre-authorized transfers allowed per statement cycle, but only three (3) may be payments made by check to third parties.
- To view transactional limitations, click here.
INTEREST RATE INFORMATION:
- This account pays a premium interest rate
- If balance falls below $5,000.00 during the month, all interest earned for that month will be forfeited.
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Majestic Money Market
(Tiered interest rate investment account)
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- $2,500.00 minimum to open
- $2,500.00 minimum daily balance to earn interest and avoid $10.00 monthly service charge
- Rates based on balance (see below for rate tiers)
- Check images returned monthly
- Withdrawals may be made without penalty (see limitations below)
- Monthly statement
- FREE phone banking
- FREE ATM card
- Overdraft sweep protection (optional)
LIMITATIONS:
- Maximum of six (6) pre-authorized transfers allowed per statement cycle, but only three (3) may be payments made by check to third parties.
- To view transactional limitations, click here.
INTEREST RATE INFORMATION:
- Tier 1 - $0.00 to $2,499.99 (no interest)
- Tier 2 - $2,500.00 to $9,999.99
- Tier 3 - $10,000.00 to $24,999.99
- Tier 4 - $25,000.00 or greater
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Statement Savings
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- $100.00 minimum to open
- $1.00 minimum daily balance to earn interest
- $300.00 daily balance to avoid $1.00 monthly service charge
- Withdrawals may be made without penalty (see limitations below)
- Quarterly statements of account activity
- FREE direct deposit
- FREE phone banking
- FREE automatic bill paying
- Overdraft sweep protection (optional)
LIMITATIONS:
- Maximum of six (6) pre-authorized transfers allowed per statement cycle, but only three (3) may be payments made by check to third parties.
- To view transactional limitations, click here.
NOTE: The APY may change after the account is opened; fees could reduce earnings on the account.
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Certificate of Deposit
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- Standard terms available - from six months to five years
- Rates based on balance (see below for rate tiers)
- Interest is compounded and credited to these accounts
- If you prefer, you may have the interest transferred to another Monarch Community Bank account
INTEREST RATE INFORMATION:
- Tier 1 - $500.00* to $9,999.99
- Tier 2 - $10,000.00 to $74,999.99
- Tier 3 - $75,000.00 or greater
*Six-month CD requires $2,500.00. All other terms require $500.00 to open and earn interest.
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Individual Retirement Accounts (IRA)
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- Roth, Traditional and Coverdell plans available
- Perfect for a 401k or similar retirement rollover
- You may deposit your IRA dollars into a savings account, a Certificate of Deposit, or a combination thereof
- Rates based on balance (see below for rate tiers)
- Interest earned is tax deferred
- Contributions may be tax deductible; contact your tax advisor for further information
- Guaranteed return on your retirement savings
INTEREST RATE INFORMATION:
- Tier 1 - $500.00* to $9,999.99
- Tier 2 - $10,000.00 to $74,999.99
- Tier 3 - $75,000.00 or greater
*Six-month CD requires $2,500.00. All other terms require $500.00 to open and earn interest.
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CDARSTM
(Certificate of Deposit Account Registry Service)
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 FDIC Insured deposit protection up to $30 million
- You enjoy the convenience of ONE bank relationship
- Terms ranging from four (4) weeks to three (3) years
- Interest can compound or paid to another MCB account
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