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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

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

More Details About Our High Yield Savings Business Account

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Online and Mobile Banking

Monitor and manage your business savings account with MSB Business Online and the mobile app.

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Statement Options

Go paperless with eStatements, or opt for traditional paper statements.

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FDIC Insurance

Additional FDIC Insurance is available for amounts over $250,000.1

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Start Growing Your Business Savings with Flexible Access

Reach your business goals faster with a savings account designed to help you earn more and stay flexible. Enjoy tiered interest rates, no monthly maintenance fee, the ability to use your account as loan collateral, and convenient access to your funds when you need them.

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.

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Fill out the form below or visit a branch to learn how our High Yield Business Savings Account can help you reach your business goals.

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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