Mission National Bank offers competitive savings and certificate
of deposit rates Deposit Rates. In addition, we offer Individual
Retirement Accounts (IRAs) and for small businesses Simplified
Employment Plans (SEP).
Savings Accounts
We offer both personal and business savings accounts. These
are interest-bearing accounts with interest calculated on the
daily balance method that applies a daily periodic rate to the
principal each day. The minimum balance to open a personal savings
account is $250 and $500 for a business account.
Certificates of Deposit
Certificates of Deposits are interest-bearing accounts where the
interest rate and annual percentage yield will not change for the
term of the account. The interest rate will be in effect until
maturity and your account will mature until maturity. If you
withdraw any of the principal prior to the maturity date we may
impose a penalty of three months interest on the amount withdrawn.
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