A Business Money Fund from Machias Savings Bank offers higher interest rates with a tiered structure and is easily accessible online. Plus, you don't have to tie your money up for an extended amount of time—so you can stow away money to grow your business on your terms.
- Low Monthly Service Fee if balance falls below the requirement*
- The higher the Deposit Balance, the higher the Interest Rate you will earn.
- Receive a Monthly Statement
- ATM, MSB Phone Banking and MSB Online Access Available**
- Limited Access by Checks Available**
- Unlimited In-Person Transactions Available
- FDIC Insured
- No Fee MSB Phone Banking and MSB Online Access Available
* $10.00 service charge per statement period waived if $2,500 average balance is maintained.
** You may only make six preauthorized transfers from your account each month by MSB Online, ATM, MSB Phone Banking, ACH or any combination of these.
†The Annual Percentage Yield on all checking and money fund accounts is calculated using a 365 day calendar year.