Savings Products

Savings is our middle name. So, with our savings accounts you also get a MSA personal banker who is very knowledgeable and committed to helping you strengthen your savings habit and find the money in your budget to feed that new positive habit.

We call our accounts CRA (Community Reinvestment Accounts). We do everything we can to make sure your deposits are reinvested back into the communities from which they come.

We have complimentary programs and services to help you become a “Master Saver.” Adequate savings are the cornerstone for any sound personal financial plan. Get this step right and many other financial goals are within reach. Skipping this step jeopardizes many other long-term financial goals such as home ownership, funding education for children, saving for retirement, etc.

Rates at bottom of page.

Member Savings Account

Start saving with MSA’s Member Savings Account. Your interest rate is tiered based on your balance, the more you save, the more you earn! Besides maximum liquidity, you’ll also enjoy these added benefits:

$50 minimum opening deposit
Competitive tiered interest rates (Rates at bottom of page)
Interest is compounded daily and credited quarterly
$3 per withdrawal charge for exceeding 6 per month
$5 monthly fee if the account balance falls below $100

5-Star Money Market Account

Higher balances deserve higher earnings. If you maintain a larger balance, this account provides you maximum interest opportunities on your liquid reserves. You’ll also enjoy these added benefits:

$50 Minimum to Open
Competitive tiered interest rates (Rates at bottom of page)
Interest compounded daily and credited monthly
$3 Per withdrawal charge for exceeding 6 per month
$8 Monthly fee if the account balance falls below $5,000

CAP Rainy Day Savings Account

If you are a CAP member, our “Rainy Day Fund” savings account is a must. This exclusive account earns a significantly higher effective rate than a basic savings account only for our loyal CAP members.
If you are not a CAP member, call your “Trusted Local Advisor” and ask how you can become one today.

$500 minimum opening balance
Must be a Client Appreciation Program (CAP) member to open
Will receive a annual bonus in addition to interest earned**
Unlimited deposit privileges
$3 per withdrawal charge for exceeding 6 per month
$5 monthly fee if the account balance falls below $100
**Must be a qualified CAP member as of November 30th of each year in order to receive the bonus
**Must maintain a $500 average available balance in order to receive the bonus
(Rates at bottom of page)

Current Savings Rates

Account Name	Minimum Opening Deposit	Minimum Balance Required to Earn APY ^(a)	Interest Rate	APY ^(a)
5-Star Money Market ^(b)^(d)	$50.00	$0.00 to $4.999.99 $5,000.00 to $24,999.99 $25,000.00 to $249,999.99 $250,000.00 to $999,999.99 $1,000,000.00 and over	0.15% 0.45% 1.99% 2.23% 2.62%	0.15% 0.45% 2.00% 2.25% 2.65%
Member Savings Account ^(b)^(d)	$50.00	$0.00 to $14,999.99 $15,000.00 & Over	0.25% 0.50%	0.25% 0.50%
CAP "Rainy Day Fund" ^(b)^(d)	$500.00	$500.00 & Over	1.24%	1.25%
Statement Savings IRA ($100 to $249) ^(b)	$50.00	$100.00 to $249.99 $250.00 to $999.99 $1,000.00 & Over	0.05% 0.05% 0.05%	0.05% 0.05% 0.05%
Effective Date: 12-06-2023 ^(c)

a. APY refers to Annual Percentage Yield. Annual Percentage Yield assumes interest will remain on deposit.
b. The Interest Rate and Annual Percentage Yield (APY) may change after account opening.
c. Interest Rates and APYs are accurate as of the noted effective date and are subject to change without notice.
d. Fees and Service Charges can reduce the earnings on an account.
e. A penalty will be imposed for early withdrawal.
f. Rate Protection – This 4 year certificate offers maximum protection against fluctuating interest rates. If rates increase, you can adjust your rate up to the current rate offered for the remaining term of your CD….and you can adjust it up twice! Your rate can never go lower than the initial rate or the rate you have adjusted up to.