Mutual Federal Bank
Don't Spend It All. Save Some.
FREE Checking Account - Checking that works for you!FREE Online Banking and Bill Pay

Statement Savings

Don't spend it all… Save some in a Mutual Federal Statement Savings account! Enjoy a safe and secure return on your money.

  • Competitive 0.15% Annual Percentage Yield (APY) 1 and FDIC insurance
  • $200 to open account, earn APY and avoid monthly service fee
  • Flexibility of having up to six transfers per month 2
  • $2 monthly service fee
  • FREE ATM card
  • FREE domestic and foreign ATM withdrawals 3
  • FREE Online Banking
  • FREE money orders and official checks
  • FREE monthly statement


Lost your ATM or Debit card? Click here for instructions.


1 Fees may reduce earnings. Rate accurate as of December 30, 2017. Rates may change at any time.

2 Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per monthly statement cycle with no transfers by check, draft, debit card, or similar order to third parties.

3 Mutual Federal does not charge ATM fees for cash withdrawals. However, if you use your ATM card at another financial institution's ATM, you will be subject to that financial institution's fee. Foreign currency exchange and transaction fees may apply.

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© 2010 Mutual Federal Bank, Member FDIC, Certificate No. 28302.