Savings and Certificates of Deposit

Savings and Certificates of Deposit 

Mercantil Bank believes that savings are an important part of developing a solid financial foundation. Whether you are saving for a dream vacation, a down payment on a home or a secure retirement, setting aside money for that special purpose is easy.


For account information and fees, click here.


Mercantil Savings 

A savings account provides access to your funds and competitive market yields. In addition, you can quickly and safely access funds using the Mercantil Bank ATM card across our automated teller machine (ATM) network.


Mercantil  Money Market 
This account offers a competitive rate for those who are able to maintain the required minimum daily balance and limit their number of transactions. With this account, you can earn an attractive rate of interest while enjoying the liquidity of your money. You’ll also be able to maximize your return by taking advantage of our tiered account structure as your balance increases.


Mercantil Premium Money Market 
This account offers a premium rate while still granting you access to your funds. For those wishing to set aside a higher balance and limit their number of transactions, this account offers tiered interest rates based on the account balance, and interest is compounded monthly.


Certificates of Deposit

Mercantil Bank offers a variety of CDs that earn higher yields for a fixed period of time based on account balance and flexible short, medium or long terms. You can decide the term of maturity based on your needs and goals.  When you log in to Personal Online Banking, you can benefit from the convenience of being able to open a Mercantil Bank Certificate of Deposit online with a minimum  U.S. $10,000.


  • A Mercantil Bank Personal Account (Checking, Savings, Money Market, or NOW).
  • Sufficient funds in the account to fund the CD online.

To open your CD online, simply log in and select “Accounts” from the main menu.  Then select “Open” from the Certificates of Deposit drop down menu.