Interest rates

All rates quoted are valid 04/11/2014 unless otherwise noted and are subject to change at any time and without notice. To check our current rates, call 1.888.i bank mb (1.888.422.6562).

MB Red Checking

Minimum $50 to open, monthly compounding
The rates below apply if transaction requirements are metfootnote:

MB Red Checking
Balance Interest ratefootnote APYfootnote
$10,000 or below 0.995% 1.00%
$10,001 and over 0.050% 1.00% to 0.05%

Otherwise the following interest rates and APYs apply:

MB Red Checking Continue
Balance Interest ratefootnote APYfootnote
$10,000 or below 0.050% 0.05%
$10,001 and over 0.050% 0.05%

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MB Signature Checking

Minimum $50 to open, monthly compounding

MB Signature Checking
Balance Interest ratefootnote APYfootnote
Below $2,500 0.000% 0.00%
$2,500 - $24,999.99 0.010% 0.01%
$25,000 - $49,999.99 0.010% 0.01%
$50,000 - $99,999.99 0.050% 0.05%
$100,000 and over 0.100% 0.10%

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MB Savings Accounts

Minimum $50 to open, quarterly compounding

MB Savings Accounts
Balance Interest ratefootnote APYfootnote
Below $2,500 0.030% 0.03%
$2,500 - $24,999.99 0.030% 0.03%
$25,000 and over 0.030% 0.03%

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Money Market Account

Minimum $50 to open, monthly compounding

Money Market Account
Balance Interest ratefootnote APYfootnote
Below $2,500 0.000% 0.00%
$2,500 - $24,999.99 0.010% 0.01%
$25,000 - $99,999.99 0.050% 0.05%
$100,000 - $249,999.99 0.050% 0.05%
$250,000 - $999,999.99 0.100% 0.10%
$1,000,000 and over 0.100% 0.10%

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Holiday Cash

Minimum $25 to open, simple interest

Holiday Cash
Interest ratefootnote APYfootnote
0.030% 0.03%

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Health Savings Account

No minimum balance to open, monthly compounding

Health Savings Account
Balance Interest ratefootnote APYfootnote
Below $2,500 0.030% 0.03%
$2,500 - $24,999.99 0.030% 0.03%
$25,000 and over 0.030% 0.03%

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Certificates of Deposit (CDs and IRAs)

Minimum $1,000 to open
Terms under three months, interest is paid at maturity.
Terms over three months, quarterly compounding; interest is paid quarterly.

Certificates of Deposit (CDs and IRAs)
  Balance under $100,000 Balance over $100,000
Term Interest rate APYfootnote Interest rate APYfootnote
7 day CD 0.050% 0.05% 0.050% 0.05%
14 day CD 0.050% 0.05% 0.050% 0.05%
1 month CD 0.050% 0.05% 0.050% 0.05%
3 months CD/IRA 0.050% 0.05% 0.050% 0.05%
6 months CD/IRA 0.100% 0.10% 0.100% 0.10%
9 months CD/IRA 0.150% 0.15% 0.150% 0.15%
12 months CD/IRA 0.150% 0.15% 0.150% 0.15%
18 months CD/IRA 0.200% 0.20% 0.200% 0.20%
24 months CD/IRA 0.300% 0.30% 0.300% 0.30%
30 months CD/IRA 0.350% 0.35% 0.350% 0.35%
36 months CD/IRA 0.399% 0.40% 0.399% 0.40%
48 months CD/IRA 0.599% 0.60% 0.599% 0.60%
60 months CD/IRA 0.847% 0.85% 0.847% 0.85%

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Blossom Account

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

Blossom Account
Term Interest rate APYfootnote
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%

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CDARS

Minimum $100,000 to open, daily compounding

CDARS
Term Interest rate APYfootnote
13 weeks 0.010% 0.01%
26 weeks 0.050% 0.05%
1 year 0.150% 0.15%
2 years 0.300% 0.30%
3 years 0.399% 0.40%

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Home Equity Fixed Rate Term Loan

The following rates are effective as of 04/04/2014. Rates are subject to change without notice and may vary depending on credit qualifications.

Home Equity Fixed Rate Term Loan
Term/loan-to-value Amount Interest rate APRfootnote Estimated payments
60 months or less / 80% LTV $5,000 - $24,999 4.625% 4.762%

60 months / $281.43 *

$25,000 and up 4.50% 4.559%

60 months / $653.44 **

66 to 120 months / 80% LTV $5,000 - $24,999 6.25% 6.324% 120 months / $168.98 *
$25,000 and up 6.25% 6.282% 120 months / $393.54 **

* A loan amount of $15,000 will result in this monthly payment.
** A loan amount of $35,000 will result in this monthly payment.

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1 The interest rate and Annual Percentage Yield (APY) may change after the account is open. Back to top

2 This is a variable rate, tiered product and the rate is subject to change at any time. To obtain the maximum rate, the following account requirements must be met every monthly statement cycle: 1) At least 15 signature-based debit card transactions must post totaling at least $200; 2) monthly e-statement delivery; 3) monthly ACH deposit or payment of at least $250. If all account requirements are not met the entire account balance will pay a base rate of 0.05% APY. Must maintain a minimum average balance for the monthly statement cycle period of $2,000 or more, or an $11.95 monthly service fee will be charged. Other fees and restrictions may apply; fees may reduce earnings. Back to top

3 Annual Percentage Yield (APY) is subject to change without notice. Penalties will be imposed for early withdrawal. Fees may reduce earnings on these accounts. Back to top

4 MB Financial Bank offers equity loan products with an Annual Percentage Rate (APR %) that varies between 4.559% and 6.324% for 80% loan to value owner-occupied products depending upon your commitment amount and credit qualifications. Payments shown do not include amounts for taxes and insurance. Actual payment obligation will be greater. No down payment is required. There is a $50.00 processing fee at time of account opening. For properties in trust, additional trustee fees are the responsibility of the borrower. Funds will be disbursed after the federally mandated cancellation period. Offer applies to an owner-occupied 1-4 family residence in Illinois, Northwest Indiana or Philadelphia, Pennsylvania and is subject to no less than a second lien position on your property and is subject to underwriting standards. Property insurance required; flood insurance may be required. Rates are dependent on your loan amount, product and credit qualifications. Third party fees, such as appraisal and title insurance will generally total between $223.00 - $900.00. Costs to satisfy certain prior liens may be assessed. Consult your tax advisor regarding the tax-deductibility of interest. This offer cannot be combined with any other offer and can be withdrawn at any time without notice. Subject to credit approval, which includes verification of application information and receipt of collateral documents. This offer does not apply to purchase money home transactions. You can verify a mortgage company or individual through the Nationwide Mortgage Licensing System (NMLS). MB NMLS ID: 401467 Back to top