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

Rates Effective Saturday, April 19, 2014

Checking Accounts

Account
Minimum Balance
to Open
Minimum Daily
Balance to Earn A.P.Y.
Interest
Rate
Annual Percentage
Yield
Basic Checking Account $10.00 N/A N/A N/A
*Personal NOW Account $10.00 $10.00 - $49,999.99
$50,000.00-$99,999.99
$100,000.00 +
0.01%
0.01%
0.01%

0.01%
0.01%
0.01%

*Clipper Ship
Investment 
Checking Account

$100,000.00

$10.00 - $99,999.99
$100,000.00 +

0.01%
0.40%
0.01%
0.40%

 

Savings Accounts

Account
Minimum Balance
to Open
Minimum Daily Balance 
to Earn A.P.Y
Interest
Rate
Annual Percentage
Yield
*Online Savings
Account
$10.00 $10.00 0.10% 0.10%
*Statement Savings
and Passbook
Savings Accounts
$10.00 $10.00 0.10% 0.10%
*School Savings 
Account
$1.00 $1.00 0.10% 0.10%
*Savings Club
Account
$10.00 $10.00 0.10% 0.10%

 

Money Markets

Account
Minimum Balance
to Open
Minimum Daily Balance 
to Earn A.P.Y
Interest
Rate
Annual Percentage
Yield
*Money Market
Account
$2,500.00 $10.00 - $2,499.99
$2,500.00 - $24,999.99
$25,000.00 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 +
0.01%
0.05%
0.10%
0.25%
0.40%
0.01%
0.05%
0.10%
0.25%
0.40%

 

Certificate of Deposit 
Short and long term Certificates of Deposit are an excellent way to safely preserve principal while earning a higher rate of interest.

Account Minimum Balance
to Open
Minimum Daily 
Balance to Earn A.P.Y.
Interest
Rate
Annual Percentage
Yield
3 Month Certificate $1,000.00 $1,000.00 0.10% 0.10%
6 Month Certificate $1,000.00 $1,000.00 0.20% 0.20%
6 Month Clipper
Ship Certificate
$1,000.00 $1,000.00 0.25% 0.25%
1 Year Certificate $1,000.00 $1,000.00 0.35% 0.35%
1 Year Clipper
Ship Certificate
$1,000.00 $1,000.00 0.40% 0.40%
18 Month Certificate $1,000.00 $1,000.00 0.40% 0.40%

18 Month Clipper
Ship Certificate

$1,000.00 $1,000.00 0.45% 0.45%
2 Year Certificate $1,000.00 $1,000.00 0.50% 0.50%
3 Year Certificate $1,000.00 $1,000.00 0.55% 0.55%
4 Year Certificate $1,000.00 $1,000.00 0.75% 0.75%
5 Year Certificate $1,000.00 $1,000.00 0.90% 0.90%

 

Individual Retirement Accounts {IRAs}

Account
Minimum Balance
to Open
Minimum Daily Balance 
to Earn A.P.Y
Interest
Rate
Annual Percentage
Yield
*IRA Statement
Savings
$100.00 $100.00 0.10% 0.10%
*Money Market IRA $100.00 $10.00 - $2,499.99
$2,500.00 - $24,999.99
$25,000.00 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 +

0.01%
0.05%
0.10%
0.25%
0.40%

0.01%
0.05%
0.10%
0.25%
0.40%

 

Individual Retirement Account {IRA} Certificate of Deposit
Our short and long term IRA CDs can help you save for a more secure future.  

Account Minimum Balance
to Open
Minimum Daily 
Balance to Earn A.P.Y.
Interest
Rate
Annual Percentage
Yield
3 Month Certificate $100.00 $100.00 0.10% 0.10%
6 Month Certificate $100.00 $100.00 0.20% 0.20%
1 Year Certificate $100.00 $100.00 0.35% 0.35%
18 Month Certificate $100.00 $100.00 0.40% 0.40%
2 Year Certificate $100.00 $100.00 0.50% 0.50%
3 Year Certificate $100.00 $100.00 0.55% 0.55%
4 Year Certificate $100.00 $100.00 0.75% 0.75%
5 Year Certificate $100.00 $100.00 0.90% 0.90%

 

Annual Percentage Yield = Yield when principal and interest are left on deposit. Annual Percentage Yields greater than the Interest Rate show the effect of monthly compounding. Certificates of Deposit are subject to penalty for early withdrawal. With fixed rate term accounts, rates are guaranteed for the length of the term.  Fees could reduce the earnings on the account.

*Variable rate accounts- rates are subject to change at any time after the account is opened.

Contact a bank representative for further information about applicable fees and terms.

Member FDIC Depositors Insurance Fund Equal Housing Lender Surcharge-Free ATMs
Rates subject to change
Copyright © 2008 - 2014 Martha's Vineyard Savings Bank All rights reserved.
Phone: (508) 627-4266

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