At The Bank of Mauston, we offer a special savings account for our youngest of savers:
our Kids Savings Club.

Features of this account include:

  • Open to any child up to age 18PENNY THE PUP
  • Requires a $5 deposit to open
  • FREE eStatements
  • No monthly minimum balance required
  • No dormancy fees
  • FREE welcome packet at account opening
  • Invites to exclusive Kids Savings Club member only events
  • FREE online banking
  • Account can be opened by any adult for the child (as long as the adult meets our standard account opening criteria and provides proper information for the child on the account)

In addition, to stress good savings habits at an early age, children will be given a stamp card at the time of account opening.  When the stamp card is full, the child should bring it to any one of
The Bank of Mauston’s six convenient locations for a special prize.

Kids earn stamps on their card when they:

  • Make a deposit of at least $5 into their account
  • Bring in a quarterly report card with at least one A or B (or equivalent)
  • Volunteer time or make a donation to a local non-profit

    (such as girl/boy scouts, 4-H, youth groups, food pantries or animal shelters)

So, kids: What are you waiting for!?  Ask your parent, grandparent, aunt, uncle or special adult
in your life to get you a Kids Savings Club account from The Bank of Mauston today!

For more educational games and resources, check out our Kids Korner page by clicking here.

Savings accounts at The Bank of Mauston feature:

  • Interest paid monthly
  • Up to five withdrawls per month with no fee
  • No minimum balance required

Saving for Christmas is made easy at The Bank of Mauston with our Christmas Club account.
Features of our Christmas Club accounts include:

  • Attractive interest rates*
  • Minimum $5 deposit required to open the account
  • Automated deposits set up at account opening, either from another account at
    The Bank of Mauston or Automated Clearing House (ACH) transfer
  • Account will mature in October and a check for the balance (plus accrued interest)
    will be mailed directly to you

*Interest rate for the 2015 Christmas Club account is 0.50% with an annual percentage yield of 0.50%.  
We use the daily balance method to calculate the interest on your account.

Features of Insured Money Market Accounts at The Bank of Mauston include:

  • $2,500 minimum opening balance requirement
  • Write up to six checks per month
  • Unlimited withdrawls at the teller window at any of our six convenient locations
  • Tiered interest rates*
  • Rates may change after account is opened

*ANNUAL  PERCENTAGE  YIELDS  &  RATES  FOR  INSURED  MONEY  MARKET
ACCOUNTS  EFFECTIVE  DECEMBER 19 TO DECEMBER 25, 2014

Amount

APY

Interest Rate

$0.01 – $9,999

0.05%

0.05%

$10,000 – $24,999

0.07%

0.07%

$25,000 – $49,999

0.10%

0.10%

$50,000 and over

0.12%

0.12%

Annual Percentage Yield (APY) is calculated assuming that interest is added to the account monthly.

Benefits of Certificates of Deposit (CDs) at The Bank of Mauston include:

  • Minimum $1,000 deposit to open
  • Interest earned for terms of 3, 6, 12, 24, 36 or 48 months
  • Penalty for early withdrawl may apply

FLEX  Certificates of Deposit (CDs) from The Bank of Mauston offer a unique way
for customers who carry a larger balance to save with these features:

  • Minimum $5,000 initial investment required
  • Must maintain a minimum balance of $5,000 at all times to qualify for this CD
  • Ability to bump your rate once during the term of the certificate in the event that rates increase
  • Offers a 24, 36 or 48 month term
  • Penalty for early withdrawl may apply

For our customers who carry a smaller balance, the youth CD offers a
sound and secure way to watch your investment grow with these special features:

  • Minimum deposit of $500 required
  • Interest earned for terms of 3, 6, 12, 24, 36 or 48 months
  • Penalty for early withdrawl may apply

ANNUAL  PERCENTAGE  YIELDS  &  RATES  EFFECTIVE  DECEMBER 19 TO DECEMBER 25, 2014

CD  Term

APY

Interest Rate

3 months (interest added quarterly)

0.10%

0.10%

6 months

0.15%

0.15%

12 months

0.25%

0.25%

24 months

0.50%

0.50%

36 months

0.60%

0.60%

48 months

0.70%

0.70%

Annual Percentage Yield (APY) is calculated assuming that interest is added to the account semi-annually unless otherwise stated.
Penalty for early withdraw may apply.

For information on any of the savings, Christmas Club, insured money market accounts or certificates of deposit from The Bank of Mauston,
contact one of our customer service representatives at any of our six convenient locations.