Online Stop Payments

As of October 29, 2010 the ability to place a stop payment online will no longer be offered.  To place a stop payment on an item please call 712-624-8686.

Notice

PLEASE BE SURE TO UPDATE YOUR PERSONAL INFORMATION.   If you have any change in your physical address, email address, cell phone, home phone or work phone numbers please be sure to call us at 712-624-8686.

Welcome to Malvern Trust & Savings Bank

Welcome to the Malvern Trust & Savings Bank's new and improved online banking service! If you have been a visitor to this site in the past, you have probably noticed a few changes in the look of our home page. But one thing that hasn't changed is our commitment to offer our customers the products they need, but with the small-town touch they desire. Our bank has been serving the needs of Mills County since 1892, and while other banks keep changing names and locations, we pride ourselves in offering a stability that can only come from a 3rd generation, family-owned bank.

So feel free to look around and see what real personal banking is all about. The kind where people actually know your name; the kind where your birthday always seems to show up on the bank's sign; and the kind that makes you feel like your money is always safe and secure.

Then you'll realize that while the other banks were building branches, we were establishing roots.

CUSTOMER NOTICE - IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will need a copy of your driver's license and other identifying documents for our files.

Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The terms "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes Interest on Lawyers Trust Accounts ("IOLTAs").  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

IMPORTANT!

If your debit card has been lost or stolen and need to cancel your card please call Shazam at 1-800-537-5427

Effective:  November 21, 2011

Certificates of Deposit
Term  Minimum  Interest Rate  Annual Percentage Yield 
91 Days  $2,500.00  0.25%  0.25% 
26 Weeks  $2,500.00  0.50%  0.50% 
12 Months  $500.00  .60%  .60% 
18 Months  $1,000.00  .75%  .75% 
30 Months  $1,000.00  1.00%  1.00% 
18 Months IRA    .75%  .75% 
18 Months IRA  $25,000.00  1.00%  1.00% 
There is a substantial penalty for early withdrawal for CD's. The penalty is equal to one months interest on CD's with a maturity of 12 months or less and a three month interest penalty for CD's with a maturity of more than 12 months.

Money Market Deposit Account
Minimum  Interest Rate  Annual Percentage Yield   
$2,500  0.25%  0.25%   
If drops below $2,500.00 **  0.10%  0.10%   

NOW Account
Minimum  Interest Rate  Annual Percentage Yield   
$750.00  0.25%  0.25%   

Passbook Savings
Minimum  Interest Rate  Annual Percentage Yield   
$100.00  0.10%  0.10%   


Each depositor insured to $250,000.00. Each IRA depositor insured to $250,000.00.
The MMDA, NOW Account and Passbook Savings account interest rates and annual percentage yield may change at any time.
Fees may reduce earnings.
** If balance on MMDA drops below $2,500.00, the rate will be .10% & APY is .10%. Minimum to open a MMDA account is $2,500.00.