High Yield Savings
Grow Your Business Savings with Flexibility
Open a High Yield Savings Account and reach your business goals faster, with no monthly maintenance fees and access your funds whenever you need it.
When you open a high yield savings account with Machias you can expect the following benefits:
- No monthly maintenance fee
- Grow your savings with tiered interest rates
- Can use your account as collateral on a loan
- Convenient access to your funds anytime, either through ATMs or by visiting one of our branches
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.
