Savings Accounts & CDs
Whether you’re saving for retirement, a home, a college education, or simply a rainy day, Mercantile Bank can help you achieve your
goals. We offer a variety of accounts designed to make saving as easy and convenient as possible.
Non-interest bearing accounts are insured in full up to $250,000.00. All other types of deposits are insured up to $250,000.00 per depositor category.
For more information or to open your Mercantile Bank Savings account, Certificate of Deposit, or Money Market call 1-800-238-8681
or visit any branch location. We will help you choose the account that is right for you.
Personal Savings
Looking for a simple way to save? Personal Savings will help you save money for future needs or a specific
purpose and provides competitive interest rates and a low minimum balance.
Learn more
Minor Savings
Opening a Minor Savings account is an important first step in your child’s path towards a sound financial
future. With no minimum balance or monthly maintenance fees, this account is the easiest way for your child to grow his or her
money and begin to learn the value of saving.
Learn more
CDs
If you’re looking for a flexible yet secure way to invest, our Certificates of Deposit may be the perfect
way for you to meet your financial goals. Mercantile Bank offers a variety of terms and competitive rates on Certificates of
Deposit helping you find the perfect fit with one of these solid investments.
Learn more
Freedom Money Market
This account is much more than a “typical” money market account and offers a host of privileges—including
unlimited transfers in person, by mail or ATM; increased interest earnings for higher balances; direct deposit; online access
and more.
Learn more
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