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High Yield Savings

“Yes!” We Can Help Boost Your Savings and Earn More

Open a High Yield Savings Account and take the next step in maximizing your savings potential.

Contact Us about our high yield savings account View Rates for our high yield savings account

High Yield Savings

Grow Your Savings With Ease and Flexibility

When you open a High Yield Savings with Machias Savings Bank, you can expect these benefits:

  • No monthly maintenance fee
  • Save and earn with tiered interest rates
  • Can pledge your account as collateral  on a loan
  • Access your money whenever you need it, either through an ATM or by visiting one of our branches

More Details About Our High Yield Savings Account

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FDIC Insurance

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

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Online and Mobile Banking

MSB Online can give you real-time updates on your High Yield Savings balance.

Statement Options

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

Contact Us

Fill out the form below to connect with your local branch for more information and to open a high yield savings account.

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Our Disclosures
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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.

My MSB Checking

Open a My MSB Checking account with no minimum balance or monthly fees. Enjoy banking that’s easy and straightforward, designed with you in mind.

Learn More about My MSB Checking

My MSB Savings

MSB makes savings simplified with our savings account. High account balances result in increased interest rates to help you reach your financial goals sooner. Enjoy unlimited transactions and no minimum balance or monthly fee.

Learn More About My MSB Savings

My MSB Money Fund

Grow your money and enjoy easy access when you need it. The higher your deposit balance, the more interest you earn, and you can make in-person or online transactions whenever you need to.

Learn More About My MSB Money Fund
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As we honor National Mourning Day, please know that we will remain open with regular branch hours on Thursday, January 9th.