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Fraud Alert! There are reports of fraudsters pretending to be from Machias Savings Bank Fraud Department calling and texting customers to verify phony transactions in an attempt to gain access to banking information. They are also requesting OLB usernames and passwords, which the Bank would never do. If you think you gave your information to a fraudster, please contact us at 866-416-9302.

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High Yield Savings Rates

High Yield Savings

Annual Percentage Yield*Interest RateMinimum Balance to Obtain APYMinimum 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

* Annual Percentage Yield is calculated if interest remains on deposit. Interest rates and Annual Percentage Yields are accurate as of 06/01/2026. 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.

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Fraud Alert! There are reports of fraudsters pretending to be from Machias Savings Bank Fraud Department calling and texting customers to verify phony transactions in an attempt to gain access to banking information. They are also requesting OLB usernames and passwords, which the Bank would never do. If you think you gave your information to a fraudster, please contact us at 866-416-9302.

Contact Us