Current Rates

Home Personal Rates

Need to know the current rate for your CD or interest-bearing account? View rates below.

Mortgage Rates

Mount Vernon Bank & Trust Company  mortgage rates change daily, so please contact us for current rates when looking to take out a mortgage.

Important Information

At Mount Vernon Bank & Trust Company, we work to help you succeed financially. Please read over this information before making important financial decisions:

  • Speak with a savings counselor concerning your ability to compound interest on a quarterly or monthly basis.
  • Annual Percentage Yield  (APY) is a percentage rate reflecting the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period.
  • All APYs shown on this page assume all principal and interest remain on deposit for the entire term.
  • Fees can reduce earnings.
  • Interest rates and Annual Percentage Yields may change daily at the bank’s discretion, so please call (319) 895-8835 for current rates.
  • Early withdrawal penalties may be imposed.
  • Please ask a Mount Vernon Bank & Trust Company staff member to obtain a full list of disclosures that include information these accounts.

Time Certificates of Deposit

    • Maturity
    • Min. Balance to Obtain APY
    • Interest Rate
    • Annual Percentage Yield (APY)
  • Semiannual
    • 91 Days
    • Min. Balance to Optain APY $2,500.00
    • Interest Rate 0.15%
       
    • Annual Percentage Yield (APY) NA
    • 182 Days
    • Min. Balance to Optain APY $2,500.00
    • Interest Rate 0.30%
       
    • Annual Percentage Yield (APY) 
    • 0.30%
    •  
    •  
    • 11 Month Special
    • Min. Balance to Optain APY $2,500.00
    • Interest Rate 1.05%
       
    • Annual Percentage Yield (APY) 1.05%
    •  
    • 12 Months
    • Min. Balance to Optain APY $500.00
    • Interest Rate 0.50%
       
    • Annual Percentage Yield (APY) 0.50%
    •  
    • 18 Months
    • Min. Balance to Optain APY $500.00
    • Interest Rate 0.60%
       
    • Annual Percentage Yield (APY) 0.60%
      •  
    • 30 Months
    • Min. Balance to Optain APY $500.00
    • Interest Rate 0.90%
       
    • Annual Percentage Yield (APY) 0.90%
    •  
    • 36 Months
    • Min. Balance to Optain APY $500.00
    • Interest Rate 1.00%
       
    • Annual Percentage Yield (APY) 1.00%
    •  
    • 48 Months
    • Min. Balance to Optain APY $500.00
    • Interest Rate 1.25%
       
    • Annual Percentage Yield (APY) 1.25%
      •  
    • 52 Month Special
    • Min. Balance to Optain APY $2,500.00
    • Interest Rate 2.00%
       
    • Annual Percentage Yield (APY) 2.01%
      •  
    • Young Savers 24 Month CD
    • Min. Balance to Optain APY $100.00
    • Interest Rate 1.75%
       
    • Annual Percentage Yield (APY) 1.75%
    •  
    • Roth IRA Accounts
    • Min. Balance to Optain APY 12 Mon. -$250 min
      36 Mon. -$250 min.
      60 Mon. -$250 min..
    • Interest Rate 0.60%
      1.20%
      1.80%
       
    • Annual Percentage Yield (APY) 0.60%
      1.21%
      1.81%
    •  

Interest Bearing, Variable -Rate Accounts

    • Account Type
    • Min. Balance to Obtain %Yield
    • Interest Rate
    • APY
    •  
    • Money MarketMin. balance to open account: $2,500.00
    • Min. Balance to Optain % Yield$100,000.00 or more
      $50,000.00 to $99,999.99
      $10,000.00 to $49,999.99
      $2,500.00 to $9,999.99
      $1,000.00 to $2,499.99
    • Interest Rate 0.20%
      0.15%
      0.15%
      0.15%
      0.10%
    • APY 0.20%
      0.15%
      0.15%
      0.15%
      0.10%
    • Money Market PlusMin. balance to open account: $50,000.00
    • Min. Balance to Optain % Yield $500,000.00 or more
      $250,000.00 to $499,999.99
      $100,000.00 to $249,999.99
      $50,000.00 to $99,999.99
      $10,000.00 to $49,999.99
      $0.00 to $9,999.99
    • Interest Rate 0.35%
      0.30%

      0.25%

      0.20%
      0.15%
      0.00%
    • APY 0.35%
      0.30%

      0.25%

      0.20%
      0.15%
      0.00%
    • Consumer Super Now AccountMin. balance to open account: $1,000.00
    • Min. Balance to Optain % Yield $2,500.00 or more
      $0.01 to $2,499.99
    • Interest Rate 0.10%
      0.05%
    • APY 0.10%
      0.05%
    • eChecking-Conditional earning(Account restrictions apply, ask for full disclosure)
    • Min. Balance to Optain % Yield Balances over $25,001 0.10 to $25,000 If conditions unment during cycle
    • Interest Rate 0.35%
      1.98%
      0.10%
    • APY 0.35%
      2.00%
      0.10%
    • Friends Plus Super Now AccountMin. balance to open account: $50.00
    • Min. Balance to Optain % Yield $1,000.00 or more
    • Interest Rate 0.12%
    • APY 0.12%
    • Commercial or Institutional Super Now
    • Min. Balance to Optain % Yield $10,000.00 or more
      $0.01 to $9,999.99
    • Interest Rate 0.20%
      0.10%
    • APY 0.20%
      0.10%
    • Regular Savings AccountMin. balance to open account: $25.00
    • Min. Balance to Optain % Yield All balances
    • Interest Rate 0.10%
    • APY 0.10%
    • Traditional IRA Account
    • Min. Balance to Optain % Yield All balances
    • Interest Rate 0.90%
    • APY 0.90%