Rates

Deposit and Mortgage Rates

Interest rates are effective as of April 22, 2024 and subject to change at any time without notice.

 

Open a Marathon Bank CD or Money Market easily online or visit any of our convenient locations in Marathon County or the Milwaukee area. Additionally, Mortgage Loans are available for online applications, branch visits, or by calling a dedicated Mortgage Loan Specialist.

Open an account Apply for a Mortgage

Certificate of Deposit Specials

Certificate Term Minimum to open and earn APY Interest Rate Annual Percentage Yield
9 Month $10,000.00 4.97% 5.00%
15 Month $10,000.00 4.18% 4.25%
32 Month $10,000.00 3.94% 4.00%

Annual Percentage Yield (APY) is effective as of March 1, 2024 and is subject to change without notice. The APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. A penalty may be imposed for early withdrawal. A $1,000 minimum opening deposit. The 9-month CD is subject to the terms and conditions of a 182-day CD. The 15-month CD is subject to the terms and conditions of a 1-year CD. The 32-month CD is subject to the terms and conditions of a 2-1/2 year CD.

Mortgage Loans

Term Interest Rate Annual Percentage Rate Payment
15 Year Fixed 6.250% 6.425% $857.42
20 Year Fixed 6.625% 6.767% $752.95
30 Year Fixed 6.750% 6.859% $648.60
5/1 ARM (30 Year Amortization*) 7.250% 7.362% $682.18
7/1 ARM (30 Year Amortization*) 7.500% 7.614% $699.21

Rates listed are on a primary residence based on a loan amount of $100,000 for the term shown to purchase a single family home located in Wisconsin, with a loan-to-value of 80%, a credit score of 740, and borrower paid finance charges and closing fees. Annual Percentage Rates (APR) and interest rates may vary based on the terms of the loan selected, loan type, underwriting, credit history, down payment, and debt-to-income ratios. All rates are subject to change without notice.

* An Adjustable Rate Mortgage, or ARM, contains a variable rate feature, which provides that the interest rate and payment and/or terms of the loan can change. After the initial fixed period, the amount of the monthly payment may increase. The payment examples are based on a fully indexed rate.

A fixed rate mortgage features an interest rate that will not change during the term of your loan, and the monthly payment will remain consistent for the term of the loan.

Your monthly payment may vary, and may include homeowner’s insurance and/or property taxes, which could increase your monthly payment. All loans are subject to credit approval. Contact the Bank for more information.

Select NOW Checking

Balances From To Interest Rate Annual Percentage Yield
$0.01 $2,499.99 0.05% 0.05%
$2,500.00 $9,999.99 0.05% 0.05%
$10,000.00 over 0.05% 0.05%

Annual Percentage Yield (APY) listed is as of the date shown and is subject to change without notice. This is a variable rate account, compounded monthly, and rates may change after opening. $500.00 minimum balance to open. A $10.00 monthly service charge will be imposed every statement cycle if the daily balance on and any day of the statement cycle falls below $500.00. Fees may reduce earnings. Please refer to Fee Schedule for information about fees and charges. APY is paid on the entire balance in the account.

Investors Checking

Balance From To Interest Rate Annual Percentage yield
$0.01 $24,999.99 0.25% 0.25%

Annual Percentage Yield (APY) listed is as of the date shown and is subject to change without notice. This is a variable rate account, compounded monthly, and rates may change after opening. $25,000.00 minimum balance to open.  A monthly service charge of $25.00 will be imposed every statement cycle if the average daily balance for the statement cycle falls below $25,000.00.   Fees may reduce earnings. Please refer to Fee Schedule for information about fees and charges.

Investors Money Market

Balance From To Interest Rate Annual % Yield
$0.01 $24,999.99 0.25% 0.25%
$25,000.00 over 0.50% 0.50%

Annual Percentage Yield (APY) listed is as of the date shown and is subject to change without notice. This is a tiered/variable rate account, compounded monthly, and rates may change after opening. Fees may reduce earnings. Debit transactions in excess of six (6) per statement period will be accessed an over limit activity charge of $10.00.  Transaction Limitations are noted in Deposit Account Agreement.  Please refer to Fee Schedule for information about fees and charges.  APY is paid on the entire balance in the account.

Money Market

Balance From To Interest Rate Annual Percentage Yield
$0.00 $2,499.99 0.05% 0.05%
$2,500.00 $9,999.99 0.15% 0.15%
$10,000.00 $49,999.99 0.25% 0.25%
$50,000.00 over 0.25% 0.25%

Annual Percentage Yield (APY) listed is as of the date shown and is subject to change without notice. This is a tiered/ variable rate account, compounded monthly, and rates may change after opening. Fees may reduce earnings. Debit transactions in excess of six (6) per statement period will be accessed an over limit activity charge of $10.00. Transaction Limitations are noted in Deposit Account Agreement. Please refer to Fee Schedule for information about fees and charges. APY is paid on the entire balance in the account.

Statement Savings

Balances From To Interest Rate Annual Percentage Yield
$0.01 $99.99 0.00% 0.00%
$100.00 $2,499.99 0.05% 0.05%
$2,500.00 $9,999.99 0.10% 0.10%
$10,000.00 over 0.15% 0.15%

Annual Percentage Yield (APY) listed is as of the date shown and is subject to change without notice. This is a variable rate account, compounded quarterly, and rates may change after opening. Fees may reduce earnings. Please refer to Fee Schedule for information about fees and charges. APY is paid on the entire balance in the account.

Certificate of Deposit / Individual Retirement Account Certificate of Deposit

Certificate Term Minimum to open and earn APY Interest Rate Annual Percentage Yield
6 Month $1,000.00 0.25% 0.25%
12 Month $1,000.00 0.45% 0.45%
18 Month $1,000.00 0.65% 0.65%
30 Month $1,000.00 0.65% 0.65%
48 Month $1,000.00 0.65% 0.65%
72 Month $1,000.00 0.80% 0.80%

Annual Percentage Yield (APY) listed is as of the date shown and is subject to change without notice. The APY assumes interest will remain on deposit until maturity. Fees may reduce earnings. A penalty may be imposed for early withdrawals before maturity. Please refer to Fee Schedule for information about fees and charges.

Health Savings Account

Balances From To Interest Rate Annual Percentage Yield
$0.01 $499.99 0.00% 0.00%
$500.00 $1,999.99 0.10% 0.10%
$2,000.00 over 0.10% 0.10%

Annual Percentage Yield (APY) listed is as of the date shown and is subject to change without notice. This is a variable rate account, compounded monthly, and rates may change after opening. Fees may reduce earnings. Please refer to Fee Schedule for information about fees and charges. APY is paid on the entire balance in the account.