Savings

Savings Brochure | 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 FDIC. Equal Housing Lender

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