Let us make saving money simple for you. With services like automatic transfers from checking to savings, savings options to prepare for the holidays, and even long-term savings with certificates of deposit, you’ll find the right option to build a savings plan that fits your life. We take the heavy lifting out of building your savings in every way possible. Sit back and let your money start adding up!
|Main Street Savings||Main Street Money Market||Holiday Account||Certificate of Deposit|
|Debit Card Option||✓||✓||✓||x|
|Minimum Deposit to Open||$10||$10||$10||$1,000|
|Current Interest Rate||Check Rates||Check Rates||Check Rates||Check Rates|
|Open Online||Open Online||Open Online||Open Online|
|Learn More||Learn More||Learn More||Learn More|
See our Retail Summary of Fees. All accounts are subject to account opening processes and standards, and such standards must be met for any new account to be opened.
Main Street Savings
A Main Street Savings account is a great way to earn a higher rate of interest, while being able to link the account to your checking to make managing money even easier.
Main Street Money Market Account
A little bit checking, a little bit savings. A Main Street Money Market account is a savings alternative with some check writing privileges. This is a smart option for those that want to save, but also need access to their funds.
- Tiered rates – the higher your balance, the more interest you earn
- Up to 6 transactions per statement cycle from the following categories – checks presented, automatic transfers, telephone transfers, pre-authorized withdrawals from an external source (including electronic checks), and internet banking and third-party transfers (including point-of-sale and debit transactions)
- Unlimited in-branch withdrawals
A free savings account with no minimum balance, a Holiday Savings account is a way to earn more interest but still have access to your funds. Save for the holidays or any special occasion you have in mind.
Certificate of Deposit
If you’re looking for a more committed relationship with your savings account, a Certificate of Deposit (CD) is a great option to add some long-term diversity to your savings plan. Guaranteed returns and flexible terms plus security give you a safe and predictable investment option. Individual Retirement Account (IRA) CDs are also available.
- Flexible terms from 91 days to 5 years
- Choose your maturity date
- Guaranteed interest rate for the term
- Interest earned can be automatically transferred to the Main Street Bank account of your choice
CDs are automatically reinvested at the same term upon maturity, so you can continue saving.
Individual Retirement Accounts (IRAs)
Retirement; you’re either thinking about it constantly, or avoiding thinking about it at all. But when it comes to your retirement needs, you can let us help you sort through the alternatives and choose what’s right for you and your family.
Consider IRA Certificates of Deposit for part of your retirement portfolio. With guaranteed returns, flexible terms and experts at Main Street Bank to guide you, the safety and security of IRA Certificate of Deposits can help you rest easy during these tumultuous economic times. In addition to Certificates of Deposit, we also offer IRA Money Market accounts. These accounts provide an excellent way to save on a regular basis and build your balance. Open an IRA Certificate of Deposit or an IRA Money Market today!