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Morrill & Janes Bank

 Treasury Index Account ± 


Higher Interest - Tied to Treasury Bill*


This Week's Treasury Index Account rate

0.50% APY*


Available to all types of businesses. Limited transaction account earning higher interest on higher minimum balance.

  • Interest rate set weekly, based on the Treasury Bill rate reported in The Wall Street Journal*
  • $5,000.00 Minimum to Open
  • Interest Accrues Daily
  • Make Unlimited Deposits and up to Six Transfers or Withdrawals per Month**
  • Visit any of our locations or call to obtain more information about applicable fees and terms
 
*APY refers to Annual Percentage Yield. Rates are effective as of today and are subject to change at any time. Maintain a minimum balance of $25,000.00 or more, and your interest rate will be based upon a range between the last 91-day weekly US Treasury Bill Auction Discount Rate and the 26-week average of the 91-day weekly US Treasury Bill Auction Discount Rate, as published in The Wall Street Journal. On days when your balance falls below $25,000.00 the interest rate will be variable and equal to the interest rate paid on our Savings Accounts. Minimum amount to earn interest is $10.00. Service charges and fees may reduce earnings on account.
 
**Transfers to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month. If transactions exceed this legal limit, a service fee per item will be charged. We reserve the right to convert this account to a regular transaction account if the monthly legal limit of transactions is exceeded.
 
± This account is only available for business entities domiciled in the state of Kansas or Missouri.