Products & Rates as of June 14, 2024

Interest Bearing Accounts

Interest Rate APY* (Annual Percentage Yield)
Super Savings (tiered and variable rate)
$10,000.00 Minimum to open and minimum $100 average daily balance requirement to avoid monthly Minimum Balance Fee of $3.00
$10,000.00 – $99,999.99 1.98% 2.00%
$100,000.00 – $250,000.00 2.23% 2.25%
$250,000.01 – $500,000.00 2.47% 2.50%
$500,000.01 and over 2.72% 2.75%
New Millennium Silver Account
(variable rate)
No minimum required to open and to obtain APY
(Must at least 55 years old)
0.15% 0.15%
Money Market Account (Tiered and Variable Rate)
$1000.00 Minimum to open and earn APY and if daily balance falls below $1,000 at any time during the statement cycle a $20.00 minimum balance fee will apply
$1,000.00 – $99,999.99 1.73% 1.75%
$100,000.00 – $250,000.00 1.98% 2.00%
$250,000.01 – $500,000.00 2.23% 2.25%
$500,000.01 and over 2.47% 2.50%
Business Interest Checking
(variable rate)
(For Sole Proprietorship and Not-For-Profit accounts only)
$500.00 Minimum to open and earn APY disclosed If daily balance falls below $5,000 at any time during the statement cycle a 20.00 minimum balance fee will apply.
0.15% 0.15%
Neighborhood Savings
Minimum to obtain APY is .01 (variable rate)
$50 Minimum to open and minimum $100 average daily balance requirement to avoid monthly Minimum Balance Fee of $3.00
0.20% 0.20%
Millennium Club Account
Minimum to open and obtain APY is $1,000 contract amount (Fixed Rate)
Interest Rate APY* (Annual Percentage Yield)
1 Year Term 3.92% 4.00%
2 Years Term 1.98% 2.00%
3 Years Term 1.98% 2.00%
Certificates of Deposit ($500.00 Minimum to open and obtain APY) (Fixed Rate)
Interest Rate APY* (Annual Percentage Yield)
3 Month Certificate 0.20% 0.20%
4 Month Certificate 5.02% 5.15%
6 Month Certificate 4.88% 5.00%
9 Month Certificate 4.83% 4.95%
10 Month Certificate 5.12% 5.25%
12 Month Certificate 4.74% 4.85%
18 Month Certificate 4.16% 4.25%
2 Year Certificate 3.93% 4.00%
3 Year Certificate 2.47% 2.50%
4 Year Certificate 1.98% 2.00%
5 Year Certificate 1.98% 2.00%

Interest is calculated using the daily balance method. This method applies a daily periodic rate to the principal amount at the end of each day. Substantial penalty may be imposed for Early Withdrawal for all Certificate of Deposit & Club Savings Accounts. Fee may reduce earnings, rates subject to change without notices . Offer may be withdrawn at any time. New Millennium Bank reserves the right to convert your account to another type of account or close your account . For more details, please contact the local branches of New Millennium Bank.

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