Your Savings.


Statement Savings Your Choice Savings Ultimate Savings Kid's Club Savings Certificate of Deposit Money Fund

Statement Savings Apply Now Rate Information

A Statement Savings account is an interest bearing savings account in which a monthly statement is rendered.

  • No Fee, Low Minimum Balance
  • Anytime Access by ATM, MSB Phone Banking, or MSB Online
  • Interest Bearing Account
  • Personal Register for Record Keeping
  • Transactions can be made without the use of a Passbook.
  • FDIC Insured
  • May be for Personal or Business Use

Your Choice Savings Apply Now Rate Information

An interest bearing account which allows you to choose your quarterly payout date. A way to save for yearly events such as: holidays, taxes or that special occasion such as a wedding, a new home or a vacation.

  • No Set Monthly or Weekly Payment
  • Interest Bearing Account
  • FDIC Insured
  • Low Minimum Balance
  • Automatic Disbursement of Funds with a choice of one quarterly payout date.
  • Automatic Transfer Option Available
  • No Fee

Ultimate Savings Apply Now Rate Information

A higher rate interest bearing savings account for customers who have one of our Ultimate Checking accounts.

  • Higher Rate of Interest
  • FDIC Insured
  • Receive a Monthly Statement
  • Unlimited In-Person Transactions
  • No Fee

Kid's Club Savings Apply Now  Rate Information

  • No Fee, Low Minimum Balance
  • Anytime access your savings Online, and Phone Banking
  • Interest Bearing Account
  • Monthly statement
  • FDIC Insured
  • Child receives birthday card

Certificate of Deposit Apply Now Rate Information

An interest bearing time deposit account in which rates are higher than a savings account and fixed for the term of the certificate.

  • Competitive Interest Rates
  • Automatically Reinvested at Maturity if change is not made within 10 days
  • Variety of Terms
  • FDIC Insured
  • Can be Pledged as Collateral on a Loan
  • Interest can be drawn or left to compound

Certificate of Deposit Account Registry Service (CDARS)


Machias Savings Bank is pleased to be a participating member in the Certificate of Deposit Account Registry Service (CDARS). As a member of this service, Machias Savings Bank is able to offer clients a single financial institution in which to place their certificates of deposit that exceed the FDIC insured limit. With CDARS, Machias Savings Bank opens the client’s CD in the desired term, in increments of $250,000. Available FDIC coverage is then borrowed from other association banks across the country in order to insure the client’s full CD amount for the entire term of the CD. This system enables clients to maintain CDs at one financial institution instead of spreading them across multiple banks in order to take advantage of FDIC coverage.

Money Fund Apply Now Rate Information

Our Money Fund account is a tiered interest bearing savings account that offers higher interest rates and gives you the option of not tying up your money for an extended period of time.

  • Low Monthly Service Fee of $10.00 if balance falls below $2,500
  • The higher the Deposit balance, the higher the interest you will earn
  • Receive a monthly statement
  • ATM, MSB Phone Banking and MSB Online Access Available
  • FDIC Insured
  • Unlimited In-Person transactions available
  • Available for Business or Personal use
  • Limited Access by Checks or payments by Debit Card
  •  Machias Savings Bank. All Rights Reserved.