6 Smart Money Moves for New College Graduates

More than 43.3M college graduates began their career owing more than $37,000 in student loans in 2022. Considering the additional living expenses they’ll soon face combined with the crippling effects of today’s inflation, new college graduates would be wise to focus on their financial future right now.

Why predicting financial markets is a losing proposition

There probably has never been a shortage of people willing to forecast what will happen in financial markets - today’s communication tools simply amplify their presence and widen their distribution. In times of turmoil, these pundits seem to shout louder and exude boundless confidence in their positions.

6 Ways Small Businesses Benefit our Local Community

Small businesses are the heart of our country, and they give back to the local economy in more ways than one. McHenry Savings Bank (MSB) was established in 1955, as a savings and loan bank, by a group of community like-minded people. Throughout the years, MSB grew and changed to meet the needs of...

We recognize Trust Is Earned™

At MSB, we recognize Trust Is Earned™, not simply claimed. To that end, we seek first to understand your financial needs and objectives. By doing so, we can then craft state-of-the-art solutions to meet your transacting, borrowing, and investing needs in a secure, transparent, and cost-effective manner. We are proud to provide genuine value as we help our personal and business clients through all the stages of their financial journeys, with the technology to move quickly and securely, the financial experience to move wisely, and the insight to move boldly. Let us help you Go Fearlessly Forward™.

About Us

Don't Be a Victim

Consumers are victims of financial fraud at alarming rates. It is important for you to know how to avoid a scam, what to do if you were scammed and how to report it. Protecting you and your money is our priority. Always question anyone who calls to ask for money from you – regardless of the reason. Call us BEFORE you give out any of your personal or account information. Information is power. Check out our Security Resources to protect yourself and your money.

Security Resources