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.
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:
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:
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.
| Account Name | Minimum Opening Deposit | Minimum Balance Required to Earn APY (a) | Interest Rate | APY (a) |
|---|---|---|---|---|
Account Name 5-Star Money Market (b) (d)
| Minimum Opening Deposit $50.00
| Minimum Balance Required to Earn APY (a) $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 | Interest Rate 0.15% 0.45% 1.74% 1.99% 2.38% | APY (a) 0.15% 0.45% 1.75% 2.00% 2.40% |
Account Name Member Savings Account (b) (d)
| Minimum Opening Deposit $50.00
| Minimum Balance Required to Earn APY (a) $0.00 to $14,999.99 $15,000.00 & Over | Interest Rate 0.25% 0.50% | APY (a) 0.25% 0.50% |
Account Name CAP "Rainy Day Fund" (b) (d)
| Minimum Opening Deposit $500.00
| Minimum Balance Required to Earn APY (a) $500.00 & Over | Interest Rate 1.24%
| APY (a) 1.25%
|
Account Name Statement Savings IRA
($100 to $249) (b)
| Minimum Opening Deposit $50.00
| Minimum Balance Required to Earn APY (a) $100.00 to $249.99 $250.00 to $999.99 $1,000.00 & Over | Interest Rate 0.05% 0.05% 0.05% | APY (a) 0.05% 0.05% 0.05% |
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.