CONSUMER BANKING

Build Your Future

High Yield Money Market Accounts

Rate of 5.20% APY*

No Monthly Service Charges

Minimum Balance of $100,000 Required

Rate Applies to Existing Money Market Accounts or to New Money Only

Earn a Competitive Market Interest Rate

Online Banking to Manage Your Accounts

Open an Account

*APY is Annual Percentage Yield. Rate is effective as of 08/02/2023. Minimum $100,000 average daily collected balance required to earn the promotional rate. The APY will be reduced to Modern Bank’s prevailing savings rate if the account balance falls below the minimum $100,000 requirement. Rates are subject to change. Other terms and conditions may apply.

Certificates of Deposit (CDs)

Minimum Balance of $100,000 Required

Flexible Terms

Earn a Competitive Market Interest Rate

Online Banking to Manage Your Accounts

Open an Account for:

*APY is Annual Percentage Yield. Rate is effective as of 02/14/2024. Penalty may be applied for early withdrawal. Minimum $100,000 required to open an account. Rates are subject to change. Other terms and conditions may apply.

Checking Accounts

No monthly Service Charges & No Minimum Balance*

Visa Debit Card with No ATM Fees**

Earn a Competitive Market Interest Rate***

Online Banking to Manage Your Accounts

To open a checking account, please email us at deposits@modernbank.com or call 212.323.1181

*Interest accruing Checking Accounts require a minimum balance of $1,000.
**Third party fees may apply. A maximum monthly refund of $15 for fees will be provided.
***If balance falls below $1,000, no interest is earned.
Rates subject to change. Other terms and conditions may apply.

For FDIC Insurance coverage into the Millions

Protect Your Savings with FDIC Insurance for Deposits Over $250,000

Modern Bank provides FDIC insurance up to $250,000 for deposit accounts. Also, as a member of the IntraFi Network, customers have access to multi-million-dollar insurance for CDs and money market accounts through multiple network banks with their funds divided among them in amounts under $250,000 for maximum protection. By banking with Modern Bank, customers benefit from the FDIC insurance offered by multiple network banks with consolidated reporting from a single source.

ONLINE BANKING

All the Tools You Need

Enjoy quick and convenient access to all of your accounts.  Transfer funds, pay your bills, access statements, and take control of your financial life on our secure website.

Account Access
Transfer Funds
Make Payments
e-Statements
Learn More
From Our Clients
CUSTOMER SERVICE

We focus on you so you can focus on building

We recognize that the personal financial lives of our clients are often intertwined with those of their businesses. Our highly experienced banking professionals deliver innovative solutions and services tailored to each client’s unique financial goals. At Modern Bank, we understand the value of answering your call and meeting you face-to-face for your banking needs.

Connect with us

Start a conversation with our team and let us help you build

Give us a call 212.323.1100