Save for a vacation, home, education, or a more secure retirement. The minimum balance to open this type of account is $50.00. Interest is paid on balances of $50 and greater. You receive a statement quarterly. An excessive transaction fee of $2.00 will be imposed for each withdrawal in excess of 3 per month. We also offer children’s (minor) savings accounts.
We pay competitive interest rates. The minimum balance to open this type of account is $500. The annual percentage yield (APY) is determined at the time of deposit. A substantial interest penalty is required for early withdrawal. For your convenience most of our certificates are automatically renewed.
Your investment is safe with Millennial Bank since your IRA deposits are separately insured up to $250,000 by the FDIC. A minimum investment of $500 is required to open an account. An interest penalty is imposed for early withdrawal.
Download our Millennial Bank mobile banking app and bank on the go
Your privacy is very important to us. We would like to advise you that Internet email is not secure. Please do not submit any information that you consider confidential. We recommend you do not include your social security or account number or other specific identifying information.
You are leaving Millennial Bank's Web site and linking to a third party site. Please be advised that you will then link to a Web site hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Millennial Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Millennial Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.