Consumer Money Market Accounts and Certificates of Deposit (CD)

Consumer Money Market Accounts and Certificates of Deposit (CD)

Put Your Money to Work for You

Quaint Oak Bank’s money market accounts and CDs offer a better way to save your money, while earning interest over time. You work hard to save for the things that matter – let your money go to work for you.

Consumer Money Market Accounts

A money market account allows you to earn interest on your savings, while also giving you complete access to your funds! It’s a deposit account that pays a variable interest rate based on the current rates in the money market.

Money Market1
Rates Table
Account Type Interest Rate Annual Percentage Yield (APY)
Tier 1 ($0.00-$999.99) 1.95% 2.00%
Tier 2 ($1,000.00-$2,499.99) 1.95% 2.00%
Tier 3 ($2,500.00 and higher) 1.95% 2.00%
Military Advantage Money Market2
Rates Table
Account Type Interest Rate Annual Percentage Yield (APY)
Tier 1 ($0.00-$999.99) 1.95% 2.00%
Tier 2 ($1,000.00-$2,499.99) 1.95% 2.00%
Tier 3 ($2,500.00 and higher) 2.00% 2.05%

Certificates of Deposit (CD)

A certificate of deposit is a savings option that earns interest on a lump sum over a period of time. They differ from traditional savings accounts in that they have specific, fixed terms and interest rates.

Certificates of Deposit3
Rates Table
Account Type Interest Rate Annual Percentage Yield (APY)
6 Months 3.87% 4.00%
12 Months 3.87% 4.00%
18 Months 4.11% 4.25%
2 Years 4.11% 4.25%
3 Years 4.11% 4.25%
4 Years 4.11% 4.25%
5 Years 4.34% 4.50%

Open an Online Account with Quaint Oak

We want to save you time and hassle – that is why we have made it possible for you to apply for your money market account or CD online!

Apply Online

Call Us Today: 866.795.4499

All rates are effective Sunday, March 26th, 2023. Our routing number is 236074525. 

Deposit Account Fee Schedule

Transaction Limitations: The depositor is permitted or authorized to make no more than six transfers and withdrawals, or a combination of such transfers and withdrawals, per calendar month or statement cycle of at least four weeks, to another account of the depositor at the same institution or to a third party by means of a preauthorized or automatic transfer. A “preauthorized transfer” includes any arrangement by the depository institution to pay a third party from the account of a depositor upon written or oral instruction (including an order received through an automated clearing house (ACH)) or any arrangement by a depository institution to pay a third party from the account of the depositor at a predetermined time or on a fixed schedule.

1Minimum opening balance is $25.00. Interest is paid and annual percentage yield is earned on entire balance in account. Variable Rates - Rates may change after account is opened.

2Minimum opening balance is $25.00. Interest is paid and annual percentage yield is earned on entire balance in account. Variable Rates - Rates may change after account is opened. Not to be combined with any other package or programs. Surviving spouses qualify with marriage license. Military ID or Form DD214 required.

3Minimum deposit for Certificates of Deposit is $500.00. Minimum daily balance of $500.00 is required to earn the APY (Annual Percentage Yield). Certificate of Deposit accounts carry a substantial penalty for early withdrawal.