Personal Savings

Accounts for rainy days and sunny days

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
  • 25% discount on Safe Deposit Boxes
What’s Free!
  • FREE Online Banking
  • FREE 24-Hour Telephone Banking

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

*Federal banking regulations limit you to six pre-authorized, telephone or online transfers per month. This includes checks, drafts, or similar orders you make payable to a third party. Withdrawal fee may apply per withdrawal/debit after 6 per calendar month. See fee schedule.

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An early withdrawal fee of $10 will be charged each time funds are withdrawn prior to maturity.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

*Federal banking regulations limit you to six pre-authorized, telephone or online transfers per month. This includes checks, drafts, or similar orders you make payable to a third party. Withdrawal fee may apply per withdrawal/debit after 6 per calendar month. See fee schedule.

Super Money Market

  • $2,500 initial deposit to open an account
  • $100 minimum daily balance to earn interest
  • 25% discount on Safe Deposit Boxes
What’s Free!
  • FREE Online Banking
  • FREE 24-Hour Telephone Banking

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

*Federal banking regulations limit you to six pre-authorized, telephone or online transfers per month. This includes checks, drafts, or similar orders you make payable to a third party. Withdrawal fee may apply per withdrawal/debit after 6 per calendar month. See fee schedule.

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.