DMB Community Bank > Current Rates

Current DMB Rates

Rates-Effective December 19, 2024

NEW MONEY SPECIALS

	Minimum to Open	Interest Rate**	Annual Percentage Yield (APY)	Service Charge	Average Balance to Avoid Service Charge
6 Month CD	$100,000.00	4.054%	4.10%	N/A	N/A

At least $100,000 must be "new funds" which means funds not on deposit at DMB within the past 30 days.

12 Month CD

$100,000.00

3.90%

N/A

At least $100,000 must be "new funds" which means funds not on deposit at DMB within the past 30 days.

CERTIFICATES OF DEPOSIT

	Minimum to Open	Interest Rate**	Annual Percentage Yield (APY)	Service Charge	Average Balance to Avoid Service Charge
91 Day Certificate of Deposit*	$2,500.00	0.05%	0.05%	N/A	N/A
91 Day Certificate of Deposit*	$10,000.00	0.05%	0.05%	N/A	N/A
182 Day Certificate of Deposit*	$2,500.00	0.10%	0.10%	N/A	N/A
1 Year Certificate of Deposit*	$500.00	0.15%	0.15%	N/A	N/A
2 Year Certificate of Deposit	$500.00	0.20%	0.20%	N/A	N/A
3 Year Certificate of Deposit	$500.00	0.25%	0.25%	N/A	N/A
4 Year Certificate of Deposit	$500.00	0.30%	0.30%	N/A	N/A
Diploma Dollars (4 Year Minimum)***	$500.00	0.30%	0.30%	N/A	N/A

*Interest paid at maturity. (Terms 2, 3 & 4 Year - Paid Annually)

**Prime Time Plus customers earn an additional 0.10%. The Prime Time Plus rate increase is not applicable with any other DMB special rate promotion.

*** Account must be open prior to age 14. Maturity date is primary account holder's 18th birthday.

INDIVIDUAL RETIREMENT ACCOUNTS (IRAs)

	Minimum to Open	Interest Rate**	Annual Percentage Yield (APY)	Service Charge	Average Balance to Avoid Service Charge
1 Year IRA Variable ¹	$25.00	0.25%	0.25%	N/A	N/A
2 Year IRA (Fixed)	$500.00	0.25%	0.25%	N/A	N/A
4 Year IRA (Fixed)	$500.00	0.30%	0.30%	N/A	N/A

MONEY MARKET ACCOUNTS¹

	Minimum to Open	Interest Rate**	Annual Percentage Yield (APY)	Service Charge	Average Balance to Avoid Service Charge
Money Market Checking	$1,000.00			$6.00	$1,000.00
$0 - $24,999.99		0.05%	0.05%
$25,000 and Above		0.08%	0.08%
Money Market Premium	$10,000.00			$10.00	$10,000.00
$0 - $9,999.99		0.01%	0.01%
$10,000 - $24,999.99		0.07%	0.07%
$25,000 - $49,999.99		0.10%	0.10%
$50,000 and Above		0.15%	0.15%
Money Market Platinum Checking	$25,000.00			$10.00	$25,000.00
$0 - $24,999.99		0.01%	0.01%
$25,000 - $49,999.99		0.08%	0.08%
$50,000 - $89,999.99		0.12%	0.12%
$90,000 and Above		0.15%	0.15%

CHECKING ACCOUNTS¹

	Minimum to Open	Interest Rate**	Annual Percentage Yield (APY)	Service Charge	Average Balance to Avoid Service Charge
NOW Checking	$1,000.00			$7.00	$1,000.00
$0 - $2,499.99		0.01%	0.01%
$2,500 and Above		0.02%	0.02%
Health Savings Account (HSA)	$25.00			$5.00	$1,000.00
$0 - $999.99		0.00%	0.00%
$1,000.00 - $9,999.99		0.05%	0.05%
$10,000.00 - $49,999.99		0.10%	0.10%
$50,000.00 and Above		0.15%	0.15%

SAVINGS ACCOUNTS¹

	Minimum to Open	Interest Rate**	Annual Percentage Yield (APY)	Service Charge	Average Balance to Avoid Service Charge
Basic Savings	$200.00			$2.00*	$200.00
$0 - $39.99		0.00%	0.00%
$40 and Above		0.03%	0.03%
Investor's Savings	$25,000.00			$10.00	$25,000.00
$0 - $24,999.99		0.01%	0.01%
$25,000 - $49,999.99		0.05%	0.05%
$50,000 - $89,999.99		0.15%	0.15%
$90,000 and Above		0.20%	0.20%
High Yield Savings	$100,000.00			$10.00	$100.00
$0 - $99,999.99		0.01%	0.01%
$100,000 and Above		0.25%	0.25%
Homeowners Savings	$1.00			NA	NA
Account Balance $0 and Above		0.09%	0.09%
Holiday Club Account	$5.00			NA	NA
Account Balance $0 and Above		0.15%	0.15%

*Service Charge waived for customers 50 years or better or under the age of 18.

With Automatic Deposit

1 Rate may change after account is opened. Fees may reduce earnings on the account.

RATES AND TERMS ARE SUBJECT TO CHANGE. PENALTY FOR EARLY WITHDRAWAL APPLIES TO CD, IRA AND HOLIDAY CLUB ACCOUNTS.