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Message Personal Savings
Your Lifetime Partner in Financial GrowthWith a personal savings account at M&F Bank, you’ll not only be building a nest egg for tomorrow but also beginning a lifelong partnership with a bank that’s committed to empowering you. Start saving today to prepare for a brighter future tomorrow.
Our savings accounts are designed to help you save for all the important things in life, big and small. Whatever your nancial goals are, we’re here to empower them. Our savings accounts offer an array of benets including: Fee free access to 44,000 ATM nationwide1 24-hour account information with DIRECT ACCESS2 Free mobile and online banking3M&F Bank Savings Accounts
Statement Savings AccountStart savings today for large purchases, future goals, or whatever life throws your way.Features Open with $100 deposit $100 minimum balance to earn interestFees $200 minimum daily balance to waive maintenance fee; otherwise $6 maintenance fee per statement cycle
Golden Years AccountLet your life experience work in your favor, with this low-cost savings account intended for those 55 and older.Features Open with $25 deposit $100 minimum balance to earn interestFees $200 minimum daily balance to waive maintenance fee; otherwise: $3 maintenance fee per statement cycle
Get ahead of this year's holiday expenses. Whether you’re planning festive parties, shopping for the perfect gifts, or traveling to spend time with loved ones, our Holiday Savings Account ensures you have the funds ready to make your celebrations truly unforgettable. Open with $25 deposit No monthly maintenance fees Flexible savings options No minimum balance requirements Automatic disbursements4Holiday Savings Account
Youth Savings AccountIt’s never too early to get in the habit of saving. So we created this low-cost account specically for those 21 and younger. Open with $25 deposit $100 minimum balance to earn interest No monthly maintenance fees
Money Market InvestmentAccount (MMIA)Make your money work smarter with our limited transaction account. Enjoy competitive money market rates while keeping the exibility to access your funds whenever you need them. Open with $1,000 deposit Monthly Maintenance Fee — $12 with electronic statement / $14 with paper statement $5,000 minimum daily balance to waive maintenance fee $2,500 minimum daily balance to earn interest
Certificate of Deposit (CD*)Enjoy the perfect blend of exibility and security with our xed-term CDs, offering a guaranteed interest rate. Choose to have your earned interest either reinvested to grow your CD or deposited directly into your M&F Bank checking or savings account. The more you invest, the better your rate. Open with $1,000 deposit Rate of return is xed for the entire term Short- and long-term investment options available Investment principal is protected Automatic renewal*Substantial penalty for early withdrawal. Please consult your tax advisor.
Individual Retirement Account (IRA*)Secure your future with a retirement plan that lets you save now while deferring taxes until you begin accessing your funds at age 59½. If neither you nor your spouse have qualied retirement plans, you may even be eligible for a tax deduction on your IRA contributions. Open with $1,000 deposit Variety of xed-rate investment options available No start-up or annual fees Detailed quarterly statements
Scan the code below or visit mfbonline.comto learn more about how you canempower your nancial growth.Raleigh | Durham | Greensboro | Winston-Salem | CharlotteVisit us online or at a branch near you!Fee-free Nationwide ATM Access1 | Mobile Banking | SBA Financing | Business BankingPersonal Banking | Wealth Management5 | Online Banking | Zelle® ¹Visit mfbonline.com/atm for details. ²Unlimited free automatic telephone access. ³Ask your M&F Bank representative about enrollment and systems requirements. 4Automatic or telephonic transfers, checks, drafts and debit card or other similar transactions from your account per month or statement cycle. 4An M&F Bank checking account or alternate M&F Bank savings account is required to open a Holiday Savings account. Disbursements will automatically be deposited into your M&F Bank account annually on or about October 17th. 5Insurance products offered through LPL Financial or its licensed afliates. The investment products sold through LPL Financial are not insured M&F Bank deposits and are not FDIC insured. These products are not obligations of M&F Bank and are not endorsed, recommended or guaranteed by M&F Bank or any government agency. The value of the investment may uctuate, the return on the investment is not guaranteed, and loss of principal is possible. Securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through Independent Advisor Alliance, a registered investment advisor. Independent Advisor Alliance and M&F Bank are separate entities from LPL Financial.MFB/04.2025