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Calculator

Saving money is hard enough. You shouldn’t have to pay for the privilege. That’s why we offer this straightforward account for free.

Key Features

  • Competitive Interest
  • No Monthly Service Charges
  • No Minimum Balance Requirements

Do you currently have an account with Morgantown Bank & Trust?

Please choose from the following selections:

If you choose to open a new account, you will receive a new account number. If you are only changing your current account type, your account number will remain the same.

  • Free savings account
  • Competitive interest on balances of $50 or more1
  • No monthly service charges
  • No minimum balance requirements
  • 6 free withdrawals per month; $3 fee for withdrawals in excess thereafter2
  • Free digital banking
  • $50 minimum deposit to open

Do you currently have an account with Morgantown Bank & Trust?

Please choose from the following selections:

If you choose to open a new account, you will receive a new account number. If you are only changing your current account type, your account number will remain the same.

Note: Other fees* such as non-sufficient funds, overdraft, sustained overdraft fees, etc. may apply. See fee schedule for details. Unless stated, minimum opening deposit is only $100. Ask us for details. Bank rules and regulations apply. Interest and other Miscellaneous Income will be reported on 1099-INT or 1099-MISC. If under 18 years old, must have an adult co-owner on account. 

1$50 minimum balance required to earn interest at our stated savings rate. (Interest rate varies and is subject to change daily.)

2A withdrawal is further defined as a transfer of funds to another account(s) at the same institution OR making third-party payment(s) by means of preauthorized, automatic, or telephonic transfers OR withdrawals made by check, debit card, or other similar order made by the depositor and payable to third parties. A $3 charge (Money Market accounts have a $10 charge) will be assessed on each withdrawal in excess of 6 in a month (month is further defined as a calendar month OR statement cycle of at least four weeks). Accounts that have in excess of 6 withdrawals in a month are considered in violation of Reg-D and a notice will be sent reminding you of the transaction limitations on this account. If a second violation occurs within a rolling 12-month period, another notice will be sent informing you of the violation. If a third violation occurs during a rolling 12-month period, the account will be converted to a transactional demand deposit account and a notice will be sent to inform you of this change.