Deposits
Each depositor is insured to at least $250,000 and is backed by the full faith and credit of the United States government. For more information, visit the Your Insured Deposits page.
Checking and Savings accounts that suit your needs. They’re secure and easy to use.
Checking Accounts
Checking that's simple and easy.
Maintain a monthly average balance of $500 and this account is free of any maintenance fees.
One account owner must be at least 60 years of age.
Rewarding you for doing business with us! Must have at least four personal accounts (relationships) at Morgan Federal Bank to qualify.
Maintain a monthly average balance of $1,000 and this account is free of any maintenance fees.
A commercial checking account for small to medium size businesses.
An interest-earning checking account for sole proprietors.
Protect your personal checking account with our Checking Line of Credit
Savings Accounts
A basic savings account for any savings need.
Teach your kids financial responsibility at an early age.
This is a tax-qualified Health Savings Account for customers with a High Deductible Health Plan (HDHP)
We offer a variety of CDs with different terms and rates.
Our FLEX CD helps you save even more…even faster! Add money to your CD, take money out if you need it.
Investment
Find the Individual Retirement Account (IRA) that works best for you.
This is a high-earning demand deposit account with a variable interest rate.
There may be fees associated with certain accounts. Please refer to our Deposit Fees Schedule.
Morgan Federal Bank is participating in the FDIC's Transaction Account Guarantee Program (TAGP).