Personal Savings Accounts
Looking for a savings plan to meet your specific needs & goals? We have several great options to help!
All McFarland State Bank Savings Plans feature:
- Unlimited in-person & ATM withdrawal privileges.
- Unlimited deposits with no applicable transaction fees.
- Online Banking and mobile banking. 1
NOTE: If you are an existing customer, please login to Online Banking and click on the "+ Open a new account" at the bottom of your Home page.
Signature Savings
Save today with this high interest, unique product!
- High yield interest on balances up to $250,000.00. 2, 3, 4, 5
- Contact Us for current interest rates.
Requirements:
- Minimum opening deposit requirement: $10,000.00.
- Average daily balance: $10,000.00.
- An active Signature Checking account requirement to receive a Signature Savings Account.
Monthly Service Charge:
- $10/month if requirements not met.
Key Savings
Unlock your savings potential with this special product.
Earn a higher interest rate than most regular savings accounts, but with a low minimum balance requirement.
- Higher yield interest on balances up to $250,000.00. 2, 3, 4, 5
- Contact Us for current interest rates.
Requirements:
- Minimum opening deposit requirement: $5,000.00.
- Average Daily Balance: $200
Monthly Service Charge:
- $3/month if requirements not met.
NOTE: If you are an existing customer, please login to Online Banking and click on the "+ Open a new account" at the bottom of your Home page.
Statement Savings
A classic approach to saving.
This account offers ease of entry with a low minimum balance requirement. 2, 3, 4
Requirements:
- Minimum opening deposit requirement: $100.
- Average Daily Balance: $200
Monthly Service Charge:
- $3/month if requirements not met.
NOTE: If you are an existing customer, please login to Online Banking and click on the "+ Open a new account" at the bottom of your Home page.
Children's Savings
Encourage savings early to form a life-long habit for financial fitness. Account comes with a 'cute-as-can-be' Piggy Bank, Certificate, and Care Card - plus earn prizes with each deposit!
With no minimum balance requirement, grow your account at your own pace. All account service charges are waived until the child reaches 18 years of age. At age 18, the account may be converted to our Statement Savings Account to help continue the savings habit that was started as a child. 2, 3, 4
Requirements:
- Minimum opening deposit requirement: $10
- Present child's Social Security Card for verification
Monthly Service Charge:
- Waived until age 18
Christmas Club Savings
Plan for your holiday shopping expenses!
This account allows you to put a little money away throughout the year to avoid overwhelming expenses when it comes time for your holiday shopping.
- Interest on your balance is paid annually in mid-October, at which time, funds for the full balance in your account can be automatically credited to your MSB checking or savings account, or a check can be sent to you. 4, 5
Requirements:
- Minimum opening deposit requirement: $25
Monthly Service Charge:
- None
NOTE: If you are an existing customer, please login to Online Banking and click on the "+ Open a new account" at the bottom of your Home page.
Health Savings Account (HSA)
Looking for a financial account to save money for future medical expenses? We can help!
If you qualify for a HSA (click here to learn more) , simply stop in and we’ll help you establish your account. With no minimum balance and no fees, this account is easy to maintain & access. Plus, it earns interest! 2, 3, 4
Requirements:
- Minimum opening deposit requirement: $25
Monthly Service Charge:
- None
Visit our Online Education Center for a tour of the HSA features and benefits.
1. Message and data rates may apply.
2. Interest on your balance is compounded and credited quarterly.
3. Account is a variable rate product.
4. At our discretion, we may change the interest rate on your account. We may change the interest rate on your account as often as daily.
5. Account is a tiered rate product.