Merchants State Bank Your hometown bank since 1899
Internet Banking
What's New
Online Services
About Us
Contact Us

Regular Savings Account


 A traditional savings account that pays a competitive interest rate on collected balances.  You can build your savings account by automatically transferring money from your checking account on a schedule you choose. 
  • $10 minimum opening balance.
  • Interest paid quarterly.
  • ATM access available with qualifying checking account.
  • Direct Deposit available.
  • Six transactions are allowed per month.

See our rates page for current rate.

 What is Direct Deposit?
With Direct Deposit, your employer sends your pay directly to your checking or savings account rather than issuing you a paper check.  These deposits arrive and are made available to you more quickly.  They can also be divided among different accounts.  

Benefits of Direct Deposit:

  1. Once you have signed up for Direct Deposit, you don't have to go to the bank to deposit your checks.
  2. Your money is automatically deposited into your account on time, every time.
  3. Direct Deposit payments never get lost.
  4. Direct Deposit is confidential.  Money is transferred electronically and passes through fewer hands than a check.
  5. Direct Deposit gives you access to your money earlier than check deposits.  There is no waiting for checks to clear.
  6. With Direct Deposit, you decide how to divide your pay among your accounts and it will be done automatically.
  7. Employers will issue a payment summary every deposit that will look much like your paycheck stub looks.  It will show your deductions for taxes, insurance, and other obligations, and will reflect the balance that was deposited into your account(s).




[ Home | What's New | Rates | Products | Services | Online Services | About Us | Contact Us ]
Browser Requirements
Privacy Policy  |  Notices, Terms, and Conditions
contact us calculators rates check reorder