Morgantown Bank & Trust Company, Incorporated savings and money market rates
Morgantown Bank & Trust Company, Incorporated's Kasasa Saver lists 0.10% to 0.25% APY on its own. With a linked account at the bank, it advertises 1.50%.
On a $10,000 balance the account earns 0.10% overall, about $10 in a year, which is 0.28 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #670 of 3146 tracked savings rates by advertised APY. For a $10,000 balance it would rank #2229.
Estimate your earnings·What Morgantown Bank & Trust Company, Incorporated actually pays
Morgantown Bank & Trust Company, Incorporated at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 1.50% · Kasasa Saver · needs a linked account at the bank · 0.10% to 0.25% without the linked account |
| Minimum to open | $50 · Kasasa Saver |
| Against the national average | 1.12 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 4.00% · Performance Money Market · needs at least $500,000 |
| Minimum to open | $5,000 · Performance Money Market |
| Against the national average | 3.37 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 275 · Morgantown, KY |
|---|---|
| Website | www.morgantownbank.com |
| Branches | 8 branches in KY, TN |
| Availability | Available in KY, TN |
Morgantown Bank & Trust Company, Incorporated savings and money market rates
How the rate applies
How the rate applies
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Interactive Tool
Calculate Savings for Morgantown Bank & Trust Company, Incorporated
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$772.10(5.2%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,772.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Morgantown Bank & Trust Company, Incorporated pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 1.50% needs a linked account at the bank. Without the linked account, the account advertises between 0.10% and 0.25%, depending on the balance.
In Q2 2026, Morgantown Bank & Trust Company, Incorporated paid a higher average rate on savings and money market deposits than 51% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Morgantown Bank & Trust Company, Incorporated, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Club Savings | 2.02% | $0 | $0 | None | not stated | Linked account at the bank · direct deposit not stated | One rate | |
| Fine print: A standing transfer from a Morgantown Bank & Trust checking account is required, weekly, bi-weekly or monthly, in an amount from $12 to $4,000 a month. The balance is paid out to that checking account once a year: a Christmas Club on or near September 25, a Vacation Club on or near March 25. A withdrawal before the annual payout is charged $10. | ||||||||
| Health Savings Account | 2.02% | $0 | $0 | None | not stated | not stated | One rate | |
| Kasasa Saver | Up to 1.50% | $50 | $0 | None | not stated | Linked account at the bank · direct deposit not stated | Tiered | |
| Fine print: Rate applies when the account's monthly qualifications are met. Otherwise the account pays a lower base rate. The qualifications are met on a linked Kasasa Cash or Kasasa Cash Back checking account. The published rate applies to balances up to $500,000. | ||||||||
| MBT Savings | 0.10% | $50 | $0 | None | not stated | not stated | One rate | |
| Performance Money Market | Up to 4.00% | $5,000 | $5,000 | None | not stated | not stated | Tiered | |
| Fine print: Interest does not accrue on any day the balance is below $5,000. The $10 monthly service charge is waived by keeping a $5,000 minimum daily balance. | ||||||||
| Omega Money Market | 0.50% | $5,000 | $0 | None | not stated | not stated | One rate | |
| Fine print: The rate shown is for the highest balance tier. Lower balances earn a lower rate, and the bank does not publish its tier structure online. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
Opening and using the account
| Availability | Available in KY, TN |
|---|---|
| Footprint | 8 branches in KY, TN |
| Eligibility | not stated |
How Morgantown Bank & Trust Company, Incorporated behaves over time
Every observation of the advertised Kasasa Saver rate in the last 12 months was 1.50% (observed through Nov 7, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Sep 26, 2026Kasasa SaverCut:1.50%to0.10%
$10,000 in Morgantown Bank & Trust Company, Incorporated's Kasasa Saver earns 0.10% overall at the advertised rates, so it grows to $10,010 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,649 does today. See how the federal funds rate shapes savings rates.
Who is Morgantown Bank & Trust Company, Incorporated?
| Headquarters | Morgantown, KY |
|---|---|
| Founded | 1880 |
| Scale | $440M assets · $386M deposits, $327M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 275 |
| Charter state | Kentucky · one of 120 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,878th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 74% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Morgantown Bank & Trust Company, Incorporated pays on deposits above.
Common questions about Morgantown Bank & Trust Company, Incorporated
Is Morgantown Bank & Trust Company, Incorporated FDIC insured?
Yes. Morgantown Bank & Trust Company, Incorporated is FDIC insured under certificate 275, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Morgantown Bank & Trust Company, Incorporated?
Morgantown Bank & Trust Company, Incorporated requires a minimum deposit of $50 to open its Kasasa Saver account, as observed on Nov 7, 2026. Check the bank's current terms before you open an account.
Does the 1.50% apply to my whole balance?
The 1.50% needs a linked account at the bank. Without the linked account, the account advertises between 0.10% and 0.25%, depending on the balance. Rates are as observed on Nov 7, 2026.
Does Morgantown Bank & Trust Company, Incorporated have branches?
Yes. Morgantown Bank & Trust Company, Incorporated operates 8 branches according to FDIC branch records, in addition to its website and mobile apps.
Morgantown Bank & Trust Company, Incorporated against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Morgantown Bank & Trust Company, Incorporated | Up to1.50% | 1.47% | $50 | 8 branches in KY, TN |
| American Bank | 1.50% | 3.86% | $1 | 1 branch in PA |
| CorTrust Bank National Association | Up to1.50% | 0.71% | not stated | 36 branches in MN, SD |
| First FarmBank | Up to1.50% | 1.80% | $100 | 6 branches in CO, KS |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Morgantown Bank & Trust Company, Incorporated's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Kentucky, nearest to Morgantown Bank & Trust Company, Incorporated in deposits:
Rate hubs: today's highest savings rates, and money market rates.
State pages: savings rates in Kentucky, money market rates in Kentucky, banks in Kentucky, and savings rates in Tennessee.