Bank · FDIC insured
Mount Vernon Bank & Trust Savings Rates
A $195.5M bank headquartered in Mount Vernon, IA, with 1 branch in Iowa.
How Mount Vernon Bank & Trust’s savings rates compare
Compared with banks and credit unions in Iowa, where Mount Vernon Bank & Trust has the most branches. $10,000, best rate first.
This bank’s best
Mount Vernon Bank & Trust
2.00%APY
- Requires
- Conditions apply
- Minimum
- $10,000
- Earns on $10,000 a year
- $200
Health Savings Account
Top rate
Employees Credit Union
3.82%APY
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000 a year
- $381
2nd-highest rate
UMB Bank
3.71%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $371
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special-purpose accounts
Health Savings Account
2.00%APY
Must be enrolled in a High Deductible Health Plan (HDHP). $25.00 setup fee; $25.00 annual fee; $25.00 termination fee. Free e-statements ($3.00 monthly fee, plus tax, for paper statements).
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Monthly fee of $5.00 applies when balance falls below $500.00. | 1.00% | — | Monthly fee of $5.00 applies when balance falls below $500.00. |
| $10,000 – $25,000Monthly fee of $5.00 applies when balance falls below $500.00. | 2.00% | $200 | Monthly fee of $5.00 applies when balance falls below $500.00. |
| $25,000 and upMonthly fee of $5.00 applies when balance falls below $500.00. | 2.50% | — | Monthly fee of $5.00 applies when balance falls below $500.00. |
Sources (1)
- mountvernonbank.com/personal/health-savings-account · captured Sep 18, 2026
Tap Account
2.00%APY
For ages up to 23. Requires 1 or more deposit each month and enrollment in eStatements and Online Banking.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceApplies to account balance below $25,000.01 when requirements are met. | 2.00% | $200 | Applies to account balance below $25,000.01 when requirements are met. |
| Over $25,000Applies to account balance equal to or greater than $25,000.01. | 0.15% | — | Applies to account balance equal to or greater than $25,000.01. |
Sources (1)
- mountvernonbank.com/personal/youth-accounts · captured Sep 18, 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.