All branch locations will be closed Monday, October 14 in observance of Columbus Day.

Current Rates

All depositors are insured up to $250,000.00 by the Federal Deposit Insurance Corporation.
Rates may be unavailable in counties where the Bank does not maintain a branch facility.

 

Platinum Money Market 

Amount Interest        APY        
$100,000 and up 1.00% 1.00%
$25,000 to $99,999 0.78% 0.78%
$24,999 & below 0.44% 0.44%

Minimum Opening Deposit is $25,000. APY is Annual Percentage Yield.
Interest Rate is variable and may change after the account is opened. Fees may reduce earnings on account.

 

Interest Checking

Amount                    Interest Rate APY
$15,000 and up 0.04% 0.04%
$5,000 to $14,999 0.04% 0.04%
$1,000 to $4,999 0.04% 0.04%
$999 & below 0.00% 0.00%

Minimum opening deposit is $50. APY is Annual Percentage Yield.
Interest Rate is variable and may change after the account is opened. Fees may reduce earnings.

 

Certificate Specials*

Under $100,000

Term Interest Rate        APY        
14 Month 3.58% 3.64%
7 Month 4.01% 4.08%

$100,000 and Over

Term Interest Rate        APY        
14 Month 3.64% 3.70%
7 Month 4.07% 4.15%

$10,000 minimum deposit  on 7 month and 14 month special.
Upon maturity 7 month special will renew at current 6 month rate.
Upon maturity 14 month special will renew at current 12 month rate.
* Withdrawals of interest may reduce earnings.  A penalty may be imposed for early withdrawal. APY is Annual Percentage Yield.

 

Certificate of Deposit*

Under $100,000

Term Interest Rate        APY        
10 Years 1.99% 2.01%
5 Years 2.06% 2.08%
48 Months 2.09% 2.11%
36 Months 2.13% 2.15%
24 Months 2.32% 2.34%
12 Months 2.57% 2.60%
6 Months 2.43% 2.46%
3 Months 2.02% 2.04%

$100,000 and Over

Term Interest Rate        APY        
10 Years 2.05% 2.07%
5 Years 2.12% 2.14%
48 Months 2.15% 2.17%
36 Months 2.19% 2.21%
24 Months 2.38% 2.41%
12 Months 2.63% 2.66%
6 Months 2.49% 2.52%
3 Months 2.08% 2.10%

Minimum Opening Deposit is $1,000. APY is Annual Percentage Yield.
* Withdrawals of interest may reduce earnings.  A penalty may be imposed for early withdrawal.  Specials cannot be combined with any other offers.  Interest begins to accrue on the business day you deposit non-cash items.

 

Classic Savings

Amount              Interest Rate         APY        
Full Balance 0.05% 0.05%

Minimum Opening Deposit is $50. APY is Annual Percentage Yield. Fees may reduce earnings.
Interest Rate is variable and may change after the account is opened.  

 

Christmas Club

Amount              Interest Rate         APY        
Full Balance 0.05% 0.05%

Minimum Opening Deposit is $1.00. APY is Annual Percentage Yield. Interest Rate is variable and may change after the account is opened. See us for specific details on Christmas Club Accounts. 

 

IRA Accounts

Under $100,000

Term Interest Rate        APY        
10 Years 1.99% 2.01%
5 Years 2.06% 2.08%
48 Months 2.09% 2.11%
36 Months 2.13% 2.15%
24 Months 2.32% 2.34%
12 Months 2.57% 2.60%

$100,000 and Over

Term Interest Rate        APY        
10 Years 2.05% 2.07%
5 Years 2.12% 2.14%
48 Months 2.15% 2.17%
36 Months 2.19% 2.21%
24 Months 2.38% 2.41%
12 Months 2.63% 2.66%

Minimum Opening Deposit is $1,000. APY is Annual Percentage Yield. A penalty may be imposed for early withdrawal. 

 

Money Market IRA

Amount              Interest Rate         APY        
Full Balance 0.10% 0.10%

Minimum opening deposit is $100. APY is Annual Percentage Yield. Interest Rate is variable and may change after the account is opened.

 

Health Savings Accounts

Amount              Interest Rate         APY        
Full Balance 0.05% 0.05%

Interest Rate is variable and may change after the account is opened. Fees may reduce earnings. APY is Annual Percentage Yield.

Interest on all accounts, except certificates of deposit, IRA Specials and IRA certificates of deposits, begins to accrue no later than the business day the Bank receives credit for the deposit of non-cash items.

For purposes of determining applicable rates, deposit amounts are rounded down to the nearest dollar.  For example, a balance of $14,999.90 would qualify for rates payable on deposits up to $14,999, not for rates payable on deposits of $15,000 or over.

Routing Number
071123204
Call Us
(888) 418-5585
Find a Branch or ATM


  • Morton Community Bank is an Illinois Chartered Bank which includes Clock Tower Community Bank and all your Hometown Community Banks. 
Morton Community Bank
Morton, IL
NMLS #422122
Member FDIC
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