Personal Savings

Accounts for rainy days and sunny days

Open an Account

Savings accounts to save you money and make you money.

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 can shop our array of money market and CD options. Free direct deposit and automatic account transfers make saving seamless and effortless.

Savings Accounts


Statement Savings

  • $100 initial deposit to open an account
  • $100 minimum daily balance to earn interest
What’s Free!
  • FREE Online Banking
  • FREE 24-Hour Telephone Banking

Use this account as overdraft protection for your checking account. Ask us how.

Christmas Club Savings

  • $10 initial deposit to open an account
  • Interest is credited to your account at maturity

An early withdrawal fee of $10 will be charged each time funds are withdrawn prior to maturity.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.

 

Liquid CD

  • $2,500 initial deposit to open an account
  • One withdrawal per quarter
  • Additional deposits of at least $500 allowed

$25 fee for excess withdrawals after the first one allowed. Minimum balance of $2,500 required to earn interest.

See Interest Rate Information for current rates. The interest rate is variable and may change at any time, at our discretion.

Certificates of Deposit

  • $500 initial deposit to open an account
  • Choose from various terms for your investment. Terms range from 90 days to 60 months.
  • Earn competitive rates.

Interest will be compounded and applied to your account quarterly on 12- to 60-month terms. Interest will be paid at maturity on 90-day to nine-month terms.*Early withdrawal fees may apply.

Student Savings

  • $10 initial deposit to open an account
What’s Free!
  • FREE to students through age 22
  • FREE Online Banking
  • FREE 24-Hour Telephone Banking

Super Money Market

  • $2,500 initial deposit to open an account
  • $2,500 minimum daily balance to earn interest
What’s Free!
  • FREE Online Banking
  • FREE 24-Hour Telephone Banking

Use this account as overdraft protection for your checking account. Ask us how.

Individual Retirement Accounts

IRA’s can be an important part of your retirement planning.  Please contact your local MidSouth Bank office for information on our IRA products.

Alabama First-Time Homebuyer Savings Account Program

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.

Learn More

Statement Savings

  • $100 initial deposit to open an account
  • $100 minimum daily balance to earn interest
What’s Free!
  • FREE Online Banking
  • FREE 24-Hour Telephone Banking

Use this account as overdraft protection for your checking account. Ask us how.

Student Savings

  • $10 initial deposit to open an account
What’s Free!
  • FREE to students through age 22
  • FREE Online Banking
  • FREE 24-Hour Telephone Banking

Christmas Club Savings

  • $10 initial deposit to open an account
  • Interest is credited to your account at maturity

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.

 

Super Money Market

  • $2,500 initial deposit to open an account
  • $2,500 minimum daily balance to earn interest
What’s Free!
  • FREE Online Banking
  • FREE 24-Hour Telephone Banking

Use this account as overdraft protection for your checking account. Ask us how.

Liquid CD

  • $2,500 initial deposit to open an account
  • One withdrawal per quarter
  • Additional deposits of at least $500 allowed

$25 fee for excess withdrawals after the first one allowed. Minimum balance of $2,500 required to earn interest.

See Interest Rate Information for current rates. The interest rate is variable and may change at any time, at our discretion.

Individual Retirement Accounts

IRA’s can be an important part of your retirement planning.  Please contact your local MidSouth Bank office for information on our IRA products.

Certificates of Deposit

  • $500 initial deposit to open an account
  • Choose from various terms for your investment. Terms range from 90 days to 60 months.
  • Earn competitive rates.

Interest will be compounded and applied to your account quarterly on 12- to 60-month terms. Interest will be paid at maturity on 90-day to nine-month terms.*Early withdrawal fees may apply.

Alabama First-Time Homebuyer Savings Account Program

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.

Learn More

Open an Account Today!

Open Account

*An excessive withdrawal fee may apply to each withdrawal or debit after 6 per statement cycle. Ask your banker for a fee schedule.