Metropolitan National Bank® Deposit Rates
Effective: Today
Our CD (Certificate of Deposit) rates are based upon non-compounding, simple interest. Annual percentage yield ("APY") is expressed on the assumption that investment terms under one year are rolled over at the prevailing rate to complete a one-year investment. Interest posted annually or at the end of term. Penalties may be incurred for early withdrawal.
CD Annual Percentage Yield ("APY") is subject to change without notice. Minimum deposit of $1000 required. Fees or penalties may reduce earnings.
The Money Market rates quoted above relate to new funds deposited into new accounts opened commencing February 17, 2012 and may not reflect rates being paid to accounts opened prior to that date.
Money Market Account Annual Percentage Yield ("APY") is subject to change without notice. Monthly daily average balance of indicated amount must be maintained to obtain the respective disclosed APY. Other restrictions may apply. Fees could reduce earnings on the account.
The rates quoted above represent our standard rates and may not be reflective of rates available or being paid from ongoing or prior promotions or offerings.
Metropolitan National Bank® ATM and debit cardholders pay no Metropolitan National Bank® fees to use any ATM worldwide, and any "foreign" ATM fees charged by owners of ATMs other than Metropolitan National Bank® are rebated.
Important Information Regarding Applying for an Account Online
Online applications will enable you to remit funds to us automatically from your current bank account. This will be initiated automatically when an application is approved. It will not be necessary for you to mail a check or wire funds to us, unless we instruct you otherwise.
We do not open accounts by mail. Also, at this time, we do not to accept online applications for businesses or trusts. These accounts may be opened at any of our New York locations.
