Blossom Account

The best of both worlds. Enjoy a fixed rate like a CD, but add to it like a savings account.footnote

Ready to apply? Questions?

Visit a Branch

Call us at 1.888.i bank mb  (1.888.422.6562) or contact us.

Perfect for

Those who like the fixed rate of a CD combined with the flexibility to add money at any time.

Benefits

  • No monthly service charge
  • Set aside savings for a future event
  • Choose from a variety of terms so your savings are available when you need them
  • Automatic transfers from your checking account make it easy to keep your savings plan on track
  • Balances in this account help you meet the minimum balance requirements to avoid monthly service charges for MB Classic Checking and MB Signature Checking

Features

  • 24-hour access to Phone Access Line (PAL)

Interest rates

Minimum $25 to open, quarterly compounding, $25,000 deposit maximum

Interest rates
Term Interest rate APY*
12 months 0.150% 0.15%
18 months 0.150% 0.15%
24 months 0.300% 0.30%
30 months 0.300% 0.30%
36 months 0.399% 0.40%

* Annual Percentage Yields (APY) are current as of 04/18/2014

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Things to know

  • Minimum to open is $25
  • No monthly service charge
  • Terms available range from 12-36 months
  • A minimum monthly transfer of $25 from an MB checking account or an MB savings account is required
  • Interest is compounded and credited quarterly
  • Withdrawals may not be made before the account’s maturity date

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This product could be right for you if

You’re looking for a fixed-rate CD, but would like the flexibility to add to it like a savings account.

Apply in person

Stop by one of our convenient banking centers located throughout Chicagoland and we’ll be happy to help you open your new MB account.

What's next?

Visit a BranchQuestions?

Call us at 1.888.i bank mb (1.888.422.6562) or contact us.

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1 Penalty for early withdrawal. Fees may reduce earnings. Please refer to the Personal Banking Customer Fee Schedule (PDF). Back to top