Located in the Ozark Mountains of North Central Arkansas, the Bank of Mountain View has been serving the people of Stone County since 1915.  The Bank of Mountain View continues to be the area’s only locally owned and operated bank.  Bank of Mountain View has two bank branch locations.  The bank is chartered as a Federal Reserve Member; therefore the primary regulator is the Federal Reserve Board.  The bank has been FDIC insured since January 1, 1934.  The bank has total assets of approximately $188,830,000 and net income for the first nine months of 2008 was $1,194,000.

The Bank of Mountain View provides a wide range of banking services.  The bank offers a variety of loan products from consumer loans to mortgage loans.  For bank customer interested in savings and transactions accounts, the bank provides regular checking accounts, interest bearing checking accounts, savings accounts, certificates of deposit, IRAs and more.

The bank offers an assortment of CD products at competitive rates.  Bank CD terms range from 3 months to 5 years.  The banks CDs have a $1,000.00 minimum opening balance.  Interest paid on the CDs has the options of being added back and compounded quarterly, an interest check paid monthly, quarterly, semiannually or annually and CD interest deposited to a bank account monthly, quarterly, semiannually or annually.  There is a penalty for early withdrawal, the interest penalties varies by CD term.

3 month CD has an interest rate of 1.11% APY
6 month CD rate is 2.68% APY
7 month CD also earns an interest rate of 2.68% APY
1 year CD rate is 2.52% APY
13 month CD also has an interest rate of 1.11% APY
2 year CD rate is 2.27% APY
30 month CD yields an interest rate of 2.27% APY
3 year CD rate is 2.27% APY
4 year CD earns an interest rate of 2.27% APY
5 year CD rate is 2.27% APY

Bank CD rates are subject to change and additional conditions ay apply to open the accounts and obtain the listed rates.   For recent CD rates and information on opening a bank account call 870.269.1820.  The bank maintains a web site that contains up to date savings rates and CD rates as well as account applications, the web address can be found at www.bankofmtnview.com.

Tags: , , , , , , , , , ,

No user commented in " Mountain View Bank CD Rates "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)