High Yield Savings
“Yes!” We Can Help Boost Your Savings and Earn More
Open a High Yield Savings Account and take the next step in maximizing your savings potential.
When you open a High Yield Savings with Machias Savings Bank, you can expect these benefits:
- No monthly maintenance fee
- Save and earn with tiered interest rates
- Can pledge your account as collateral on a loan
- Access your money whenever you need it, either through an ATM or by visiting one of our branches
Statement Options
Feeling Lost When It Comes to Saving? Our Calculator Can Help You Figure Out How Much to Start With to Reach Your Goal.
Saving up for a goal is important, but it can be hard to know where to start. This calculator does the math for you by factoring in your Initial deposit, APY, and Regular contributions so you can better plan your savings and reach your goal.
Our Disclosures
High-Yield Savings Account requires $50,000 deposit to open. Minimum balances of $0.01 – $49,999.99 earn .25% APY; $50,000.00- $99,999.99 earn 2.50% APY; $100,000.00- $249,999.99 earn 2.90% APY; and $250,000 and over earn 3.25% APY. Rates may change at any time after account opening. Fees could reduce earnings.
My MSB Checking
Open a My MSB Checking account with no minimum balance or monthly fees. Enjoy banking that’s easy and straightforward, designed with you in mind.
My MSB Savings
MSB makes savings simplified with our savings account. High account balances result in increased interest rates to help you reach your financial goals sooner. Enjoy unlimited transactions and no minimum balance or monthly fee.
My MSB Money Fund
Grow your money and enjoy easy access when you need it. The higher your deposit balance, the more interest you earn, and you can make in-person or online transactions whenever you need to.
