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Malaga Bank offers a wide variety of deposit accounts to choose from to meet your personal banking needs. Below are a few of our favorite accounts.
No-Fee Checking
You can open this account with as little as $100 and there is no monthly service charge or minimum balance required and your first order of Malaga checks are free! Plus you’ll receive an ATM or Debit card with worldwide access, online banking access and 24 hour banking by telephone ($0.25 per item for more than 20 items per month).
Preferred Checking
Open this account with only $100 and start earning interest right away. You’ll receive your first order of Malaga checks for free, and receive your checks back in your monthly statement. You will also have access to our worldwide ATM network with your ATM or Debit card, online banking and 24 hour telephone banking.
Malaga Market Account This account earns a higher rate of interest than a checking account and still provides you with the flexibility to write up to 3 checks a month (which are free when you order Malaga checks) and you can make deposits and withdrawals at anytime. Plus you have convenient access to your account with your ATM card, online banking and 24 hour telephone banking.
Preferred Passbook
This account gives you the high yielding interest rate of a certificate of deposit, plus the flexibility of a passbook account. With our unique tiered interest rate structure you will earn a higher interest rate as the balance in your account grows. Your funds are available to you at any time without a service charge, penalties or fees. You can access your money easily by stopping by our office to make a deposit, pick up a check, or withdraw money with your ATM card.
Certificates of Deposit Malaga offers you the ability to select your own term and interest rate based on the amount you invest. You can choose a term as short as 32 days or as long as five years.
5 Month Liquid CD This short term account pays certificate of deposit rates yet allows you the flexibility of one penalty free withdrawal during each term.
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