MSB Online
Online & Mobile Banking
Access your checking account or savings, pay bills, and transfer funds from your laptop or mobile device with our digital banking platform MSB Online.
Checking and Savings
Do More With the Bank of “YES!”
Enjoy simplified banking with greater flexibility when you open a savings or personal checking account with us.
Checking and Savings
My MSB Checking
Experience banking that’s easy and straightforward, designed with you in mind.
No Minimum Balance
No minimum balance required regardless of deposited funds.
No Monthly Fees
No maintenance fees for this checking account.
Statements
Option of paper or eStatements with 24/7 access to activity in MSB Online.
My MSB Savings
Savings for a rainy day. A house. Vacation. Future. Whatever you want—your personal savings account can help you get it.
No Minimum Balance
Make saving easier with no minimum balance requirement.
Unlimited Transactions
Move your money effortlessly with unlimited in-person/online transactions.
Statements
Option of paper or eStatements with 24/7 access to activity in MSB Online.
My MSB Health Savings
Designed only for individuals with high-deductible health insurance plans; the money you put in isn’t taxed and the interest you earn isn’t either.
HSA VISA® Debit Card
Pay online, in-store, or at the doctor’s office with ease.
Tax-Free
This account makes your deposits and earned interest tax-free.
Statements
Option of paper or eStatements with 24/7 access to activity in MSB Online.
My MSB Certificate of Deposit
Put your money aside for a fixed period of time and watch it grow.
Variety of Terms
Save for the future with a variety of terms and guaranteed returns.
Use as Collateral
We offer the flexibility of pledging a CD as collateral on a loan.
Interest Can Be Drawn or Left to Compound
Draw on interest at any time or let it compound for faster growth.
My MSB Money Fund
Whatever the key milestone might be, keep your savings safe and growing with our personal money fund account.
Unlimited Transactions
Enjoy flexibility with unlimited in-person or online transactions.
Loan Closing Discount
Get up to $250 off mortgage and home equity loan closing costs.
Statements
MSB Online offers FREE eStatements for 24/7 access to your banking activity
High Yield Savings
Open a High Yield Savings Account and take the next step in maximizing your savings potential.
Access your money whenever
Access your money whenever, either through an ATM or one of our branches.
Tiered Interest Rates
Save and earn with tiered interest rates.
Use as collateral on a loan
Pledge your account as collateral on a loan.
Planning for the Future?
Kickstart your financial goals by opening one of the following accounts:
Traditional IRA
Start saving for retirement or supplement your existing savings with a traditional IRA.
Save for Retirement
Opening a traditional IRA is a great way to start your retirement savings.
Variety of Terms
We offer a variety of terms to fit your savings goal needs.
Tax-Deferred Eligible
Contribute pre-tax dollars that will grow tax-deferred until withdrawal.
Roth IRA
With a Roth IRA, you can build your financial future. Set money aside now, so you can preserve your standard of living and benefit from financial freedom.
Variety of Terms
We offer a variety of terms to fit your retirement savings goals.
Interest Bearing
Roth IRAs grow through compounding interest.
Qualified Tax-Free Distributions
Contribute after-tax dollars and you can make tax-free withdrawals.
Simplified Employee Pension Plan
Simplified Employee Pension (SEP) Plans are employer-sponsored retirement plan that acts just like a Traditional IRA.
Interest-Bearing
Take advantage of compounding interest on tax-deferred contributions.
Tax-Deductible Contributions
Employers can get a tax deduction for their contributions.
No Fees
This account has no fee to open or maintain the account.
Explore Our Banking Solutions
Personal Credit Card
Whether you want a credit card with low rates or one that rewards you for traveling, we have a MasterCard® credit card to fit your needs at MSB.
Mortgage Loans
Whether you are buying, renovating, or refinancing, our mortgage loans are focused on meeting your needs.
HELOC
A home equity line of credit (HELOC) from MSB can turn your home equity into real money to make your financial dreams a reality.
Personal Checking & Savings FAQ
Explore common questions about checking and savings at Machias Savings Bank:
Where Should I Put My Savings?
You can put your savings in a variety of different accounts, depending on your financial goals, whether that’s a general savings account, a high-yield savings account, a traditional IRA or something else. Machias Savings Bank offers the following options:
- My MSB Savings Account, a general personal savings account
- High Yield Savings for those looking to maximize their interest earnings
- My MSB Health Savings for health-related expenses
- My MSB Money Fund, a high-interest deposit account
- My MSB Certificate of Deposit (CDs), for fixed-term savings with potentially higher interest rates
- Roth IRA & Traditional IRA, for retirement savings with tax advantages
- Simplified Employee Pension Plan (SEP), for retirement savings
You can open a My MSB Savings Account online or visit a branch to discuss all available options.
How Do I Check My Savings Account Balance?
You can conveniently check your savings account balance by logging into the MSB Online mobile app or the online banking website. You can also view your balance by visiting an ATM and using your debit card, calling Machias Savings Bank directly to have a representative check your balance, reviewing your monthly bank statement or visiting a local Machias Savings Bank branch to have a teller assist you.
Do Savings Accounts Have Routing Numbers?
Savings accounts have routing numbers just like checking accounts. The routing number is a unique, nine-digit code that functions as an address for your bank. While the savings account itself has a unique account number, the routing number remains the same for all accounts at that specific bank, just as with checking accounts. Machias Savings Bank’s routing number is 211274531. It is used for electronic transactions such as direct deposits, digital checks, funds transfers and bill payments.
Can You Transfer Money From Savings to Checking?
You can transfer money from your savings to your checking account with ease at Machias Savings Bank, whether through the mobile app, online portal or by visiting a branch. The online service lets you conveniently and securely move funds between these accounts without needing to visit a branch in person.
