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Savings
Accounts
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In addition
to Savings Accounts, we also offer CDs and Milford's
Best Checking Account.
Statement Savings
- $25.00
minimum to open
- $100.00
minimum balance or $2.00 fee per statement cycle applies (unless under
18 years of age)
- $5.00
minimum daily balance to receive disclosed Annual Percentage Yield (APY)
- Click
here for current rates.
Notes:
Transfers from this account to another account or to third parties by
pre-authorized, automatic, or telephone transfer are limited to six per
month or statement cycle with no more than three by debit card or similar
order to third parties.
Benefits:
- Free ATM
Card
- Deposits
and withdrawals can be made at any time
- Low minimum
opening deposit
- Low minimum
balance required
- Up to
six transfers per month
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Sound Money Fund
- $1,000.00
minimum to open
- Minimum
daily balance of $1,000.00 or a $10.00 fee per statement cycle applies
- $5.00
minimum daily balance to receive interest at disclosed Annual Percentage
Yield (APY)
- Click
here for current rates.
Notes:
Transfers from this account to another account or to third parties by
pre-authorized, automatic, or telephone transfer are limited to six per
month or statement cycle with no more than three by check, draft, or similar
order.
Benefits:
- Up to
six transfers per month
- Unlimited
withdrawals with withdrawal slips
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Passbook Savings Account
- $25.00
minimum to open
- $100.00
minimum balance or $2.00 fee per statement cycle applies (unless under
18 years of age)
- $5.00
minimum daily balance to receive disclosed Annual Percentage Yield (APY)
- Click
here for current rates.
Benefits:
- Low minimum
opening balance
- Low minimum
balance required
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Holiday Club Account
- $5.00
minimum daily balance to receive disclosed Annual Percentage Yield (APY)
Note:
Withdrawal of principal before maturity may close account and impose a
$5.00 fee. Interest may not be withdrawn before maturity.
Benefits:
- Only $2.00
required to open an account
- Interest
is compounded daily and credited monthly, earning you more.
- Click
here for current rates.
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33 Broad
St., Milford
259 Merwin Ave., Woodmont
205 Bridgeport Ave., Devon
1455 Boston Post Road, Milford
2366 Main Street, Stratford
142 Temple Street, Suite 306 New Haven, CT 06510 (Loan Production Office)
203-783-5700
CT toll free: 800-340-4TMB
Copyright
© 2002-2003
The Milford Bank. All rights reserved.
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