Personal Savings Accounts
Looking for a savings plan to meet your needs & goals?
We have great options to help!
All McFarland State Bank Savings Plans feature:
- Unlimited deposits with no applicable transaction fees.
- Online Banking and mobile banking.1
- Up to 6 withdrawals or transfers to another account per statement cycle. 2
Contact Us for a complete list of current interest rates.
Account Name |
Features |
Requirements |
Service Charge |
Signature Savings |
High-yield interest on balances up to $250,000.003,4,5,6 |
|
$10.00/month if requirements not met
|
SMART Savings |
An online-only account with a GREAT rate!
SMART Savings offers you earning power with easy access to your cash.
Initial yield: 1.02% Annual Percentage Yield (APY) 3,4,5
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.
|
|
$25.00/month if requirements not met
|
Key Savings |
High yield interest on balances up to $250,000.003,4,5,6
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.
|
|
$3.00/month if requirements not met
|
Advantage Savings |
A savings product that takes your interest even higher!
Initial Interest rate: .77% Annual Percentage Yield
(APY) 3,4,5
|
|
$25/month if requirements not met
|
Statement Savings |
A classic approach to saving. This account offers ease of entry with a low minimum balance requirement.3,4,5
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.
|
|
$3.00/month if requirements not met |
Children's Savings |
Encourage savings early to form a life-long habit for financial fitness.3,4,5 |
|
Waived until age 18 |
Christmas Club Savings |
Put a little money away throughout the year to avoid overwhelming expenses at holiday shopping time.4,5,6
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.
|
|
None
|
Health Savings Account (HSA) |
Looking for a financial account to help you save for future medical expenses? 3,4,5
If you qualify for an HSA (click here to learn more) , simply stop in and we’ll help you establish your account.
Visit our Online Education Center for a tour of the HSA features and benefits. |
|
None
|
- Message and data rates may apply.
- Federal regulations limit withdrawals by check, debit card, preauthorized electronic or telephone transfer to six per month. If seven or more withdrawals and/or transfers are made within the monthly cycle, a service charge will be assessed on each transaction beginning with the seventh withdrawal and/or transfer. Fees vary per account.
- Interest on your balance is compounded and credited quarterly.
- Account is a variable rate product.
- 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.
- Account is a tiered rate product.
*Annual Percentage Yield (APYs) effective as of 9/19/19.