Martha's Vineyard Bank Home Loan Rates
 
30 Year Fixed Rate
Rate APR Points
4.250% 4.348% 0.000%

 


15 Year Fixed Rate

Rate APR Points
3.250% 3.417% 0.000%

Actual interest rates and APRs may vary based on credit history.
 

 

 
Martha's Vineyard Bank Home Loan Rates

Personal Banking 

Martha's Vineyard Savings Bank offers a variety of checking and savings accounts for personal customers.  Each account comes with the peace of mind that all your deposits are fully insured and fully protected by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). 

Checking

Account Type Your Needs
Basic Checking Account
A simple, hassle-free account that covers all your checking account needs. No monthly maintenance charges or hidden fees, makes this the perfect account for those who are pinching pennies.
 Open an
 Account
Personal
NOW Account

Put your money to work with this multi-level, variable rate interest-bearing account.

Open an
Account
Clipper Ship
Investment Checking Account
If you're looking for higher rates for higher balances, while maintaining liquidity, this account fits the bill.  The Clipper Ship Investment Checking Account offers a multi-level, variable rate of interest; special Certificate of Deposit rates; discounted Safe Deposit rental (subject to availability) along with all the convenient features of a checking account.

Open an
Account

Features, Benefits &
Services

Basic Checking
Account

Personal
NOW Account

Clipper Ship Investment
Checking Account

Online Banking

Free

Free

Free

Online Bill Pay

Free

Free

Free

Debit Card

Free

Free

Free

Mobile Banking Yes  Yes Yes
24 Hour Telephone 
Banking

Free

Free

Free

eStatements

Yes

Yes

Yes

Minimum to 
Open Account

$10.00

$10.00

$100,000.00

Monthly Minimum 
Balance Fee

None

If average monthly balance
falls below $200.00, a withdrawal
fee of $0.15 per item will 
be assessed.

None

Non-MVSB ATM 
Withdrawals*

$1.00 each

$1.00 each

$1.00 each

Pays Interest

No

Yes

Yes

Check Orders

Free Vineyard
specialty checks

Free Vineyard
specialty checks

Free MVSB image
specialty checks

Overdraft Protection 
Service**

Optional

Optional

Optional

* This service does not include the surcharges imposed by some non-MVSB ATMs.  However, these can be avoided by using any of the 5,200 ATMs participating in the SUM program. MVSB card activity charges are subsequently refunded if withdrawals are transacted at a participating SUM ATM.
**Overdraft protection available from lines of credit (subject to credit approval), savings and money market accounts.

View our rates

Savings

Account Type Your Needs
Online Savings Account
A traditional savings account that pays a competitive rate of interest and provides immediate access to funds.
Open an
Account
Savings Club Account
Not only the perfect account to help you save for holiday gift giving expenses but also for any special savings goals you may have in mind.  This easy to manage account, helps take the stress out of saving with flexible weekly or monthly deposits and for added convenience, the funds can be automatically transferred from one of your existing accounts. This account also features four different disbursement dates throughout the year, so now you can choose the one that best fits your savings goal needs.
Certificates of Deposit {CD}
With terms ranging from 3 months to 5 years and a guaranteed fixed rate of interest, Certificates of Deposit let you sit back and relax, giving you peace of mind knowing that you're money is working for you. You also have the option of having your monthly earnings automatically deposited to an existing checking or savings account or mailed directly to you. 
Open an
Account
Money Market Account This multi-tiered, variable interest rate account rewards higher balances with higher interest.  This account is ideal if your goal is to save while keeping your money immediately accessible in an emergency.    Open an
Account

Features, Benefits &
Services

Statement
Savings Accounts

Savings Club 
Account

Certificates of
Deposit {CD}

Money Market
Account

Online Banking

 Free

Free

 Free

 Free

Mobile Banking Yes Yes Yes Yes
ATM Card

 Free

n/a

 n/a

 Free

24 Hour Telephone 
Banking

 Free

Free

 Free

 Free

eStatements

 Yes

Yes

 Yes

 Yes

Minimum to 
Open Account

 $10.00

$10.00

 $1,000.00

 $2,500.00

Monthly Minimum
Balance Fee

None

None

n/a

None

Non-MVSB ATM
Withdrawals*

$1.00

n/a

n/a

$1.00

* This service does not include the surcharges imposed by some non-MVSB ATMs.  However, these can be avoided by using any of the 5,200 ATMs participating in the SUM program. MVSB card activity charges are subsequently refunded if withdrawals are transacted at a participating SUM ATM.

View our rates

Individual Retirement Account {IRA}

Start building up your retirement savings so you'll be financially prepared for those golden years.  It's never too early to start saving and an IRA can help you enjoy a happy, stress-free retirement.

Account Type

IRA 
Statement Savings

Money Market IRA

IRA Certificate 
of Deposit {CD}

Traditional IRA

Roth IRA

Rollover IRA

  • $100.00 minimum to open account
  • Variable Interest Rate
  • $100.00 minimum to open account
  • Variable Interest Rate
  • $100.00 minimum to open account
  • Fixed Interest Rate
  • Terms ranging from 3 months to 5 years

Traditional IRA - An account that lets you defer taxes on your earnings on your contributions until they are withdrawn.  Also, certain contributions are tax deductible in the tax year in which they are made.

Roth IRA - An account that allows only nondeductible contributions and features tax-free withdrawals for certain distribution reasons after a 5 year holding period.  Since Roth IRA contributions are nondeductible and taxed in the year they are earned, if you expect to be in a higher tax bracket when you retire you may benefit more from a Roth IRA than a Traditional IRA.

Rollover IRA - This account allows you to consolidate retirement plans, such as your 401(k) from former employers while maintaining the accounts tax-deferred status.

View our rates

 

Member FDIC Depositors Insurance Fund Equal Housing Lender Surcharge-Free ATMs
Rates subject to change
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Phone: (508) 627-4266

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