MCS Bank Savings Accounts

Statement Savings

Our statement savings only requires $50 to open. Interest is compounded and credited quarterly. Customers with a MCS Bank checking account can have 24/7 access to their statement savings using our Visa Check Card or Online Banking.

School Savings Account

It is more important than ever to teach our children the value of saving for the future. Learning how to handle and save money at a young age can lay the foundation for good financial habits. Why not help your child learn to save by opening a school savings account. It's a great place to start. For the convenience of parents and students, deposits are made at schools in participating districts.

Christmas Club

Save a little throughout the year so you don't have all those bills after Christmas. This account receives interest which is compounded and credited quarterly. Christmas Club checks are mailed in October so you can get an early start on your shopping.

Vacation Club

Our vacation club is designed to help you save money for your annual vacation or a long-planned vacation that is a few years down the road. Disbursement options are flexible too! You can choose May, June, July, August, September or let the club grow until you request the money.

Certificates of Deposit

Earn more interest with one of our Certificates of Deposit. Rates can be set and locked in accordance with the amount and term of the deposit. We offer great flexibility with certificate terms of 31 days to 5 years. You only need $1,000 to open. Check our current rates.

Individual Retirement Accounts (Roth and Traditional)

IRAs are special-purpose savings plans created by the Federal Government to help you accumulate funds for retirement. What makes these savings plans really special is that you can defer paying taxes on the interest earned until you withdraw it. The interest earned on Roth IRA contributions can later be withdrawn tax free. Traditional IRA contributions may qualify as a tax deduction for Federal Income Tax purposes (consult with your tax advisor). IRAs can be invested in any of our Certificates of Deposit or our Passbook Savings Account.

For more information, See our Retirement page.