Current Rates for Certificates of Deposit and Savings


Savings Options with Murphy Bank

Effective Feb 24, 2024

Passbooks / Regular Savings Accounts

Minimum Deposit 1 Rate Percent Yield (APY)*
$ 500 - $9,999 0.60% 0.60%
$ 10,000 - $24,999 0.85% 0.85%
$ 25,000 + 1.35% 1.36%

SAVINGS - Any savings account closed within 90 days of its opening date will be assessed a fee of $25.00.

Fixed Rate Certificates of Deposit (CD)

Amount: $1,000 - $9,999 1

Term Rate Percent Yield (APY)*
3 - 5 Months 2.96% 3.00%
6 - 11 Months 3.45% 3.50%
12 - 23  Months 3.93% 4.00%
24 - 30 Months 3.54% 3.60%


Amount: $10,000+ (Jumbo)1

Term Rate Percent Yield (APY)*
3 - 5  Months 3.20% 3.25%
6 - 11 Months 3.93% 4.00%
12 - 23 Months 4.70% 4.80%
24 - 30 Months 3.69% 3.75%

LOYAL CUSTOMER RATE BONUS: An extra 0.20% over the rate shown above will be paid on all fixed rate certificate accounts renewing (not new accounts) that have been open for a consecutive period of one year or longer.

Interest Penalty – There is a substantial penalty if you withdraw any or all of the funds before the maturity date.

IRA CD – Minimum term for an IRA CD is 1 year.

RATES SUBJECT TO CHANGE WITHOUT NOTICE. We invite you to call us at (559) 225-0225 to verify current rates or to open a new CD.

1 – Minimum deposit to open an account and minimum daily balance (the amount of principal in the account each day) to obtain the annual percentage yield.

* RATE/ANNUAL PERCENTAGE YIELD: Customer receives the rate shown if interest is withdrawn monthly or is transferred to another account. The customer will earn at an APY shown only if the funds remain on deposit to maturity and no interest is withdrawn from the account during that period of time. Any withdrawal of interest will reduce earnings to less than the APY shown.

WIRE FEE: Funds wired out will be assessed a $20.00 fee.

Returned Check Fee - $25.00

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We will also ask to see your driver's license or other identifying documents.

ACCOUNT INACTIVITY: In the event an account remains inactive for a period of 3 years, the money deposited in such an account will be turned over to the State of California as provided in the Code of Civil Procedures Section 1513 of the California Unclaimed Property Law and Regulations.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

“Love this Bank, sooo helpful when l bought my house. Fast, friendly, courteous! Amy H.

“Small local bank with great customer care. They seem to know you before you even give them your account number. They financed my new mfg home and were very professional but friendly.” David M.

“My husband and I just closed escrow on a new home, we had the pleasure of working with Kim as our loan officer. She made the whole process easy and stress free! Can’t say enough, Thank you.” Mike & Laura B.

Have a Question?
Contact us now.

    Fresno Office

    5180 N. Palm Ave. Suite 101
    Fresno, CA 93704

    Ph: (877) 225-0318 (Toll-Free)
    Savings Inquiries - Ph: (559) 225-0225
    Lending Inquiries - Ph: (559) 225-0318
    Fax: (559) 225-9298

    Monday - Friday, 8:30 am - 4:30 pm


    San Luis Office

    892 Aerovista Place, Suite 110
    San Luis Obispo, CA 93401

    Ph: (805) 250-2300 | Fax: (805) 787-0415

    Monday - Friday, 8:30 am - 4:30 pm