Banking Products
Accounts Built for Your Life
From everyday checking to long-term savings vehicles, Monson Savings Bank offers a full suite of personal banking products designed to help you build financial security — right here in your community.
Open an AccountChecking
Free Checking That Works for You
Monson Savings Bank's Free Checking account comes with no monthly maintenance fees, no minimum balance requirements, and unlimited check writing. Open an account in minutes at any of our branches or online. Enjoy free access to over 55,000 ATMs nationwide through the Allpoint network, plus a debit card for everyday purchases. Our online and mobile banking tools let you monitor transactions, pay bills, and transfer funds anytime, anywhere. Ideal for individuals, families, and anyone who wants straightforward, no-frills banking backed by genuine local service.
- No monthly fees or minimum balance
- Free Visa debit card with contactless payments
- Access to 55,000+ Allpoint ATMs
- Mobile check deposit & online bill pay
Savings
Grow Your Savings at Your Own Pace
Whether you're building an emergency fund, saving for a big purchase, or simply setting money aside for the future, Monson Savings Bank offers flexible savings account options to match your goals. Our Statement Savings account earns a competitive interest rate with no minimum balance. Funds are always accessible via ATM or in-branch, and your deposits are insured up to $250,000 by the FDIC. Pair your savings account with our online banking tools to set automated transfers from checking and watch your balance grow steadily over time.
- Competitive interest rates
- No minimum balance required
- FDIC-insured up to $250,000
- Automatic transfer from checking
Credit Cards
Rewards & Flexibility in Your Wallet
Monson Savings Bank Visa credit cards give you the purchasing power you need with competitive rates, low annual fees, and a rewards program that lets you earn points on everyday spending. Use your card with confidence knowing your account is backed by our local team and Visa's zero-liability fraud protection. Whether you're traveling, shopping, or managing monthly expenses, our credit card is designed to keep pace with your lifestyle. Apply online or visit any branch today — decisions are fast, and our local underwriting team works with members of all credit backgrounds.
- Competitive purchase APR
- Earn rewards points on purchases
- Zero-liability fraud protection
- Manage spending from mobile app
Certificates of Deposit
Lock In a High Rate, Guaranteed
Monson Savings Bank Certificates of Deposit (CDs) offer a secure way to earn higher interest on funds you don't need immediate access to. Choose from a range of terms — from 3 months to 5 years — and enjoy a guaranteed rate locked in from the day you open. CDs are FDIC-insured, so your principal and earned interest are fully protected. At maturity, you can renew, add funds, or transfer to another account. CDs are an excellent addition to any savings strategy, providing predictable returns without the volatility of market-linked investments.
- Terms from 3 months to 5 years
- Guaranteed fixed interest rate
- FDIC-insured for full peace of mind
- Flexible renewal options at maturity
Individual Retirement Accounts
Plan Today for a Secure Tomorrow
An Individual Retirement Account (IRA) at Monson Savings Bank is one of the most powerful tools available for building tax-advantaged retirement savings. We offer Traditional IRAs, where contributions may be tax-deductible and growth is tax-deferred until withdrawal, and Roth IRAs, which allow for tax-free growth and tax-free qualified withdrawals in retirement. Our knowledgeable team can help you understand contribution limits, eligibility requirements, and investment options. Opening or rolling over an IRA is simple — visit any of our branches or call us to speak with a retirement savings specialist today.
- Traditional & Roth IRA options
- Tax-deferred or tax-free growth
- Easy IRA rollover assistance
- Expert local guidance from our team
