Savings, Money Market and CDs

Personal Savings

Personal Savings

Our easy-access Personal Savings account is designed for individuals who want to receive an easy-to-read quarterly statement.

  • Set up automatic transfers to or from your Personal Savings account1
  • Use as overdraft protection for your checking account2
  • 24/7 access to your account through Online Banking or Automated Telebanking at no charge
  • ATM access with your ATM, Debit MasterCard, Gold Debit MasterCard card (point-of-sale purchases not allowed)
  • Minimum opening deposit: $100
  • Minimum balance required to avoid monthly service charge is $500 (minor and accounts for the benefit of minors are excluded from this requirement); otherwise, monthly service charge is $5.00

Money Market Plus

Money Market Plus

Designed for individuals and businesses who want to earn higher interest rates, maintain full liquidity of their funds and have the ability to write checks to access their funds.1

  • Tiered interest rate schedule3
  • ATM access with your ATM, Debit MasterCard, Gold Debit MasterCard card (point-of-sale purchases not allowed)
  • 24/7 access to your account through Online Banking or Automated Telebanking at no charge
  • Minimum opening deposit is $2,500
  • No monthly fee with a minimum daily balance of $2,500; if requirement not met, monthly fee is $10

Personal Savings Platinum

Platinum Market Rate

Also designed for individuals who want to earn higher interest rates, maintain full liquidity of their funds and have the ability to write checks to access to their funds.1

  • Tiered interest rate schedule3
  • ATM access with your ATM, Debit MasterCard, Gold Debit MasterCard card (point-of-sale purchases not allowed)
  • 24/7 Access to your account through Online Banking or Automated Telebanking at no charge
  • Minimum opening deposit is $50,000 plus must open a non-interest bearing personal checking account with Mechanics Bank

Certificate of Deposit

Certificate of Deposit

A safe, reliable and surprisingly flexible way to save for the future.

  • Competitive rates
  • Flexible terms (starting at just 7 days)
  • Fully insured up to applicable FDIC limits
  • See current interest rates

9-Month Liquid Certificate of Deposit

  • Enjoy the earning power of CD rates with the flexibility to withdraw your funds after just 7 days, without penalty
  • Minimum opening amount is $5,000
  • Minimum balance is $5,000

Custom Investment Certificate of Deposit (7 days to 5 years)

  • Tailor your investment to the yield and term that’s right for you (7 days up to 5 years)
  • Guaranteed interest rate until your maturity date
  • Select/customize interest payment schedule – monthly, quarterly, annually – by check or automatic deposit into another account
  • Minimum opening amount is $1,000
  • Minimum balance is $1,000
  • No deposits or withdrawals are allowed; early withdrawal penalties apply

One-Step Certificate of Deposit (18 months)

  • Lock in today’s great rate for 18 months
  • If rates increase before the maturity date, you’ll have a one-time opportunity to bump up your rate to the higher level without extending the original maturity date
  • Minimum opening amount is $1,000
  • Minimum balance is $1,000
  • No deposits or withdrawals are allowed; early withdrawal penalties apply