HOA Rate Sheet

Metro Phoenix Bank offers Specialty financial solutions for management companies, self-managed Home Owners Associations and Master Communities. At Metro Phoenix Bank, we understand you want the best for your community and so do we. Whether you're looking for solutions for your management company or your self-managed community, we can provide the support and financial services to best fit your communities' needs. Our philosophy is simple, be a financially strong community institution, offer innovative banking products, and provide exceptional customer service.

In addition, give your community and boards the satisfaction of banking locally by partnering with a fellow Arizona based business. When you bank with Metro Phoenix your investment stays in Arizona!

Contact Metro Phoenix Bank's HOA Department today to develop a full-service banking relationship or to learn about our investment options for your community.

HOA Rates

MPB rates as of 11/30/2020

HOA NOW Account
Tiers	Minimum to Open	Interest Rate	Annual Percentage Yield
Up to $9,999	$500	0.05%	0.05%
$10,000 +	$500	0.05%	0.05%

HOA Money Market Account
Tiers	Minimum to Open	Interest Rate	Annual Percentage Yield
Up to $24,999.99	$1,000	0.05%	0.05%
$25,000 - $99,999.99	$1,000	0.10%	0.10%
$100,000 - $999,999.99	$1,000	0.20%	0.20%
$1,000,000 and Up	$1,000	0.25%	0.25%

Certificate of Deposit HOA Rates
Account Term	Minimum Opening Deposit	Interest Rate	Annual Percentage Yield
3 Month CD	$5,000	0.20%	0.20%
6 Month CD	$5,000	0.30%	0.30%
12 Month CD	$5,000	0.60%	0.60%
18 Month CD	$5,000	0.60%	0.60%
24 Month CD	$5,000	0.60%	0.60%
36 Month CD	$5,000	0.60%	0.60%
48 Month CD	$5,000	0.60%	0.60%
60 Month CD SPECIAL*	$5,000	1.25%	1.26%

Penalties may be imposed for early withdrawal

* If early withdrawal occurs, a penalty of 365 days of interest will apply for 60-month CDs

APY = Annual Percentage Yield
Interest Rates are subject to change at any time
Fees or charges will reduce earnings on the account
HOA Money Market accounts may have fees for excessive transactions
All rates are subject to change. Certain other restriction and conditions may apply.

For current rates, please contact Amber Welch at awelch@metrophoenixbank.com or call 602-346-1816.