The Middlefield Banking Company

The Middlefield Banking Company

Savings

Truth in Savings |  Truth in Savings IRAs
The future belongs to those who are prepared. Saving for the future prepares you for almost anything.
Retirement • Children’s Education • Healthcare
A New Home or home repair • Travel • Or just a rainy day
Our savings programs can lead to wealth as well as fee-free checking in qualifying accounts.
Saving Programs
Passbook and Statement Account
The safe, convenient way to save. Your choice of a statement or a passbook for record keeping.
$10 opening balance requirement
Interest compounded quarterly
$2 monthly fee waived when $100 balance is maintained
Super Saver Account
A premium saving plan that offers high yield and a user-friendly statement.
$6 monthly fee, waived when $3000 account balance is maintained
Interest rate increases as savings balance increases
Interest compounded quarterly
Teen Savings Accounts
Saving while you're young puts time on your side, and it is a good habit to encourage. We have even created a special teen website, mb-easy.com, to make the process fun.
No service charges for this account
$100 minimum deposit required to open an account
under 18 requires parent signature
For a brochure of our teen savings account click here.
Christmas Club Accounts
Next year’s holiday season will be sneaking up on you before you know it. Be ready with a Christmas Club Account from The Middlefield Banking Company. Just decide how much you’d like to have available for holiday spending. Then make regular deposits to your Christmas Club Account, and we’ll mail you a check – including interest – when next year’s shopping season arrives.
An easy way to fund your next holiday season.
We’ll mail your check in plenty of time for shopping
Put aside a little or a lot – the choice is yours.
   
Health Savings Accounts
Direct your own affordable healthcare plan. The Government approved HSA allows you to establish individual health coverage with high deductibles. The deductible is saved with pre-tax dollars in a special account and may be added to each year.*
savings covers your deductible as allowed by the Federal Government
this health savings moves with you, regardless of employment
once you apply for Medicare, the savings becomes yours
checkbook is issued for medical payments as necessary
Certificates of Deposit
Convenient. Flexible. Safe. Smart. The Middlefield Banking Company’s lineup of certificates is investment for any pocketbook..
Terms from three months to five years
Very competitive interest rates
Minimum investments as low as $500
Interest options include monthly check, monthly transfer, or compounding
Jumbo Certificates ($100,000+) also available
Individual Retirement Account
An IRA from The Middlefield Banking Company is a smart, safe way to build savings for your retirement. Plus, your IRA can offer you significant tax advantages today! *
Our Traditional, Roth and Educational IRA plans help you realize tax savings today, while you build a comfortable retirement for tomorrow.
We'll be happy to help you customize an IRA program to fit your goals, and your lifestyle.
IRA Savings Accounts
This flexible, high earning account allows regular, automatic investments of any amount This account is ideal for intermittent deposits or as a temporary holding account for rollovers.
IRA Certificate of Deposit
A CD exclusively for IRA investors who want safety and a guaranteed return from their portfolio.
*As with all tax related issues, be sure to consult with an accountant or other qualified advisor regarding eligibility and tax implications.
All certificates, including Individual Retirement Accounts carry penalties for early withdrawal.
The Middlefield Banking Company, Member FDICEqual Housing Lender 
Copyright © 2004- Middlefield Banc Corp.
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