Bank · FDIC insured
Bank of New Madrid Savings Rates
A $116.6M bank headquartered in New Madrid, MO, with 2 branches in Missouri.
How Bank of New Madrid’s savings rates compare
Compared with banks and credit unions in Missouri, where Bank of New Madrid has the most branches. $10,000, best rate first.
This bank’s best
Bank of New Madrid
0.50%APY
- Minimum
- $10
- Earns on $10,000 a year
- $50
Student Savings
Top rate
JM Associates FCU
5.12%APY
- Minimum
- —
- Earns on $10,000 a year
- $512
2nd-highest rate
Metro Credit Union
5.09%APY
- Minimum
- —
- Earns on $10,000 a year
- $509
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special-purpose accounts
Hooked On Savings
0.50%APY
Must maintain a balance of $10.00 to keep account open. A passbook is issued. Regulatory limit of 6 transfers/withdrawals per calendar month. Each deposit of $1.00 or more within a quarter enters holder into a gift card drawing. Parent or legal guardian must be joint owner.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $500Interest rate of 0.50% paid on the first $500.00. No monthly service charge. Converts to Student Savings / Passbook Savings when reaching the age threshold.Up to $500 | 0.50% | — | Interest rate of 0.50% paid on the first $500.00. No monthly service charge. Converts to Student Savings / Passbook Savings when reaching the age threshold. |
Sources (2)
- bankofnewmadrid.com/products-services/savings-accounts
- bankofnewmadrid.com/wp-content…6/07/FEESCHEDULE2026.pdf
All captured Sep 17, 2026
Student Savings
0.50%APY
Must be 13-22 years of age to qualify. Must maintain $10 minimum balance to keep account open. A parent or legal guardian must be joint owner if under 18. After 23rd birthday, converts to Statement or Passbook Savings. If opened with Student Checking, includes ATM/e-banking/mobile access and monthly e-statement; otherwise issued a passbook.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $500An interest rate of 0.50% will be paid on the first $500.00 in the account. No monthly service charges.Up to $500 | 0.50% | — | An interest rate of 0.50% will be paid on the first $500.00 in the account. No monthly service charges. |
Sources (2)
- bankofnewmadrid.com/wp-content…tudent-accounts-2026.pdf
- bankofnewmadrid.com/products-services/savings-accounts
All captured Sep 17, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.