Business Accounts

Small Business Statement Savings

If you need a savings account for your small business, open it at Mutual Federal! Enjoy a safe and secure return on your money.

Competitive 0.15% annual percentage yield¹ and FDIC insurance
$2 monthly service fee
FREE access to over 55,000 Allpoint ATMs
FREE Online Banking and Bill Pay
FREE Mobile Banking with mobile check deposit
FREE Debit MasterCard^®
FREE eStatements

¹ Fees may reduce earnings. Rate accurate as of November 8, 2021. Rates subject to change at any time.

Business Certificates of Deposit

Mutual Federal Bank’s business CDs are an excellent low-risk investment option if you do not need immediate access to your funds. You will earn a higher yield to help your business reach its longer-term financial goals and enjoy guaranteed security of FDIC coverage.

Competitive fixed rate of interest
FDIC insurance
Available terms range from 3 months to 5 years
Available options for interest payments:
- Automatic reinvestment
- Check
- Transfer to a Mutual Federal checking or savings account
- Transfer to a checking or savings account at another bank

Current Business Certificates of Deposit Rates
Term	Minimum Balance to Open and Earn APY	Interest Rate	Annual Percentage Yield (APY)*
6 Month Certificate	$1,000	0.20%	0.20%
1 Year Certificate	$500	0.65%	0.65%
2 Year Certificate	$500	0.65%	0.65%
3 Year Certificate	$500	0.65%	0.65%

Rates accurate as of November 8, 2021.

CD Calculator