Personal Savings Accounts | Machias Savings Bank | Maine

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Personal Savings Accounts

Saving is an important part of your financial life –whether you're saving for retirement, the perfect family vacation, or a new car—and Machias Savings Bank is here with the savings accounts that can help you reach your goals.

AccountOpening RequirementsService ChargeBenefits

Statement Savings

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$1.00 none
  • No Fee, Low Minimum Balance
  • Earns Interest
  • Monthly statement
  • Unlimited In-Person Transactions
  • FDIC insured

Ultimate Savings

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$25,000.00 none
  • No Fee
  • Higher Rate of Interest
  • Unlimited In-Person Transactions
  • FDIC insured

Your Choice Savings

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$1.00 none
  • No Fee
  • Earns Interest
  • Low Minimum Balance
  • FDIC insured

Kid's Club Savings

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$1.00 none
  • No Fee
  • Earns Interest
  • Helps teach financial responsibility
  • Child receives a Birthday Card
  • Unlimited In-Person Transactions
  • FDIC insured

Certificate of Deposit

Open Account Learn More

$250.00 - $5,000.00  n/a
  • Competitive Interest Rates
  • Variety of Terms
  • Can be Pledged as Collateral on a Loan
  • Interest can be withdrawn or left to compound
  • FDIC insured

Money Fund

Open AccountLearn More 

  $2,500.00  $10.00
  •  The higher the deposit balance, the higher the interest earned
  • Unlimited In-Person transactions available
  • Avoid the $10.00 service charge by maintaining a balance of $2,500 during the statement period
  • FDIC insured

Rates Disclosure

 

 

OUR FOCUS

As a customer of Machias Savings Bank, the focus is on you. We will enhance your banking relationship by working with you to discover your banking needs. We will be there when you need us.

© Machias Savings Bank. All rights reserved.

Member FDIC. Equal Housing Lender logo Equal Housing Lender.
Routing Number: 211274531
NMLS Number: 469539

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