No matter what you’re saving for — education, retirement, an emergency fund — we have the account to fit your needs. First-time savers benefit from our low minimum balance savings account. Those looking for higher yields should consider our money market account. Free direct deposit and automatic account transfers make saving seamless and effortless. Ask us today about our current interest rates.
Use this account as overdraft protection for your checking account. Ask us how.
An early withdrawal fee of $10 will be charged each time funds are withdrawn prior to maturity.
A $10 fee will be imposed at maturity if your balance is less than $100.
With a MidSouth Bank First-Time Homebuyer Savings Account, you’re one step closer to finding your perfect home. What’s more, the principal deposits to the account are tax deductible and there’s no state taxes on earnings.
Use this account as overdraft protection for your checking account. Ask us how.
Grow your savings with our CDs – higher rates and flexible terms to fit your goals.
*Penalty may be imposed for early withdrawal.
Interest Rate and Annual Percentage Yield: At our discretion, our interest rate and annual percentage yield may change at any time. You must maintain the minimum balance stated for your account each day to obtain the annual percentage yield listed under “Current Rate Information.” Interest begins to accrue no later than the business day on which we receive credit for non-cash items (for example, checks). The daily balance method is used to calculate the interest on your account and the amount of interest you earn is based on the daily collected balance. The daily balance method applies a daily periodic rate to the full amount of principal in the account each day.
Dormant Account Service Charge: A savings account is considered dormant if there has been no deposit to or withdrawal from the account for a period of twenty-four (24) months. All regular service charges apply to dormant accounts. Accounts which are considered dormant will be service charged an additional $10 per statement cycle in addition to the routine service charge applicable to your account. This charge is applicable to all Savings accounts.
Charges Common to All Accounts: Specific fees can be found in our Charges Common to All Accounts schedule. Ask your banker for a fee schedule.