Consumer Deposit Rates
Your money works hard for you—and it should earn real returns. At Machias Savings Bank, we offer a full range of consumer deposit accounts with competitive rates that help you grow your savings, prepare for retirement, and manage your daily finances.
Whether you’re building an emergency fund, saving for something special, or planning for retirement, our flexible account options come with low opening deposits and transparent terms. Plus, every deposit is FDIC insured, so you can feel confident your savings are safe and secure.
Explore our current rates below to find the account that fits your financial goals. Have questions? Our team is here to help.
Checking Account Rates
My MSB Checking
| Annual Percentage Yield* | Interest Rate | Minimum Balance to Obtain APY | Minimum Opening Deposit |
|---|---|---|---|
| 0.03% | 0.03% | $0.01 - $9,999.99 | $100.00 |
| 0.05% | 0.05% | $10,000.00 and over | $100.00 |
My MSB Health Savings - Individual
| Annual Percentage Yield* | Interest Rate | Minimum Balance to Obtain APY | Minimum Opening Deposit |
|---|---|---|---|
| 0.15% | 0.15% | $0.01 - $24,999.99 | $1.00 |
| 0.25% | 0.25% | $25,000.00 and over | $1.00 |
My MSB Health Savings - Family
| Annual Percentage Yield* | Interest Rate | Minimum Balance to Obtain APY | Minimum Opening Deposit |
|---|---|---|---|
| 0.15% | 0.15% | $0.01 - $24,999.99 | $1.00 |
| 0.25% | 0.25% | $25,000.00 and over | $1.00 |
Savings Account Rates
My MSB Savings
| Annual Percentage Yield* | Interest Rate | Minimum Balance to Obtain APY | Minimum Opening Deposit |
|---|---|---|---|
| 0.15% | 0.15% | $0.01 - $24,999.99 | $100.00 |
| 0.25% | 0.25% | $25,000.00 and over | $100.00 |
My MSB Money Fund
| Annual Percentage Yield* | Interest Rate | Minimum Balance to Obstain APY | Minimum Opening Deposit |
|---|---|---|---|
| 0.20% | 0.20% | $0.01 - $2,499.99 | $ 2,500.00 |
| 0.25% | 0.25% | $2,500.00 - $24,999.99 | $ 2,500.00 |
| 0.40% | 0.40% | $25,000.00 - $99,999.99 | $ 2,500.00 |
| 0.55% | 0.55% | $100,000.00 and over | $ 2,500.00 |
High Yield Savings
| Annual Percentage Yield* | Interest Rate | Minimum Balance to Obtain APY | Minimum Opening Deposit |
|---|---|---|---|
| 0.25% | 0.25% | $0.01 - $49,999.99 | $ 50,000.00 |
| 2.45% | 2.42% | $50,000.00 - $99,999.99 | $ 50,000.00 |
| 2.80% | 2.76% | $100,000.00 - $249,999.99 | $ 50,000.00 |
| 3.05% | 3.00% | $250,000.00 and over | $ 50,000.00 |
My MSB Certificate of Deposit
| Term | Annual Percentage Yield* | Interest Rate | Minimum Balance to Open and Obtain APY | Early Withdrawal Penalty |
|---|---|---|---|---|
| 3 Month CD | 2.35% | 2.32% | $500.00 | 30 Days Interest |
| 6 Month CD | 2.60% | 2.57% | $500.00 | 90 Days Interest |
| 7 Month CD Special | 3.00% | 2.96% | $500.00 | 90 Days Interest |
| 12 Month CD | 3.25% | 3.2% | $500.00 | 90 Days Interest |
| 18 Month CD | 2.55% | 2.52% | $500.00 | 180 Days Interest |
| 24 Month CD | 3.50% | 3.44% | $500.00 | 180 Days Interest |
| 36 Month CD | 3.75% | 3.68% | $500.00 | 365 Days Interest |
| 48 Month CD | 2.65% | 2.62% | $500.00 | 365 Days Interest |
| 60 Month CD | 2.65% | 2.62% | $500.00 | 545 Days Interest |
My MSB Retirement
| Term | Annual Percentage Yield* | Interest Rate | Minimum Balance to Open and Obtain APY | Early Withdrawal Penalty |
|---|---|---|---|---|
| My MSB IRA Savings | 0.10% | 0.10% | $100.00 | N/A |
| 3 Month IRA | 2.35% | 2.32% | $100.00 | 30 Days Interest |
| 6 Month IRA | 2.60% | 2.57% | $100.00 | 90 Days Interest |
| 7 Month IRA Special | 3.00% | 2.96% | $100.00 | 90 Days Interest |
| 12 Month IRA | 3.25% | 3.2% | $100.00 | 90 Days Interest |
| 18 Month IRA | 2.55% | 2.52% | $100.00 | 180 Days Interest |
| 24 Month IRA | 3.50% | 3.44% | $100.00 | 180 Days Interest |
| 36 Month IRA | 3.75% | 3.68% | $100.00 | 365 Days Interest |
| 48 Month IRA | 2.65% | 2.62% | $100.00 | 365 Days Interest |
| 60 Month IRA | 2.65% | 2.62% | $100.00 | 545 Days Interest |
* Annual Percentage Yield is calculated if interest remains on deposit. Interest rates and Annual Percentage Yields are accurate as of 05/15/2026. Additional disclosures and requirements contained in our Deposit Account Agreement, Individual Account Disclosures and in our General Fee Schedule, including fees, payment of interest, calculations and compounding of interest and other Account terms and conditions. Rates are subject to change without notice. Early withdrawal of principal on term deposits, including CDs and IRAs can result in penalties. Further information can be found in the Account Terms and Conditions. Fees may reduce earnings.
