Savings, CDs, & IRAs

Morgantown Bank & Trust offers a variety of savings account options. Enjoy convenient account access with FREE Online Banking and FREE 24-Hour Telephone Banking. Our friendly Customer Service Representatives will assist you in selecting the best account to suit your needs.

Benefits Traditional Savings MBT High Yield Omega Money Market Christmas Club
Opening Deposit $50 $5,000 $12 Minimum / $4,000 Maximum (Per Month)
Interest Bearing Feature Available Feature Available †† Feature Available
No Monthly Fee Feature Available ††† Feature Available Feature Available
Check Writing Prvileges N/A Feature Available †††† N/A
Min. Daily Balance $0.01


($10 service charge if balance drops below $5,000)

Checking Account Required N/A N/A Feature Available
Deposit Requirements N/A N/A Weekly, Bi-Weekly or Monthly transfer required from MBT checking account *

6 per month


6 per month

**, ***

$10 Fee Per Withdrawal Prior to Disbursement

$50 minimum balance required to earn interest at our stated savings rate. (Interest rate varies and is subject to change daily)

†† Interest is paid on the collected balance, with interest rate varying and subject to change daily. Interest DOES NOT accrue on days that the balance drops below $5,000.

††† 9 withdrawals are permitted per calendar quarter (after 9 per quarter there is a $3 excess withdrawal fee per withdrawal/transfer)

†††† Up to 6 withdrawals/transfers per statement cycle, $10 for each additional check

The account will be automatically renewed in October unless notification is received from the account owner that they wish to terminate the account. All Christmas Club accounts will be disbursed annually between September 25th and September 30th. The account may be opened at any time during the year.

** Included in the “6 per month” are checks, drafts, automatic or electronic transfers to an account at MBT & transfers to third parties by preauthorized automatic transfer (includes ACH) or telephone agreement, order or instruction. Not included in the “6 per month” are by mail or telephone when the check is mailed to MBT, in person, by messenger, made through an ATM and transfer made to pay loans at MBT.

*** Tiered interest account – $5,000-$9,999.99 earns regular money market interest rate; $10,000 and above earns the MBT High Yield Omega Money Market interest rate.


Certificates of Deposit *

  • Certificates available from 91 days to 5 years
  • Minimum opening deposit of $500

Individual Retirement Accounts *

  • IRAs available from 6 months to 5 years
  • Fixed rate IRA Minimum opening deposit of $500
  • Variable rate IRA Minimum opening deposit of $50

* Early withdrawal penalty may affect earnings.