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McHenry Savings Bank

Personal Investing

Put your money on the right path.

Your money should grow with you, but investing on your own can be daunting. McHenry Savings Bank and MSB Wealth Management can put you and your money on the right path with wealth management advising, retirement planning, and personalized investment solutions. No matter your goals for the future, you need a path to get there. MSB’s personal investing team can guide you, so you can Go Fearlessly ForwardTM.

CDs Image Link

Certificates of Deposit (CDs)


CDs allow you to earn a higher return for your money based on the term you select. CDs earn a fixed rate for the term chosen and there may be a penalty for early withdrawal. Terms range from 91 days to 60 months (5 years).

MSB’s online only accounts are a secure and convenient way for personal clients to open accounts for their banking and investing needs without coming into a bank location. Online-Only accounts may have different rates and terms than in branch accounts. Click on the link to start the secure account opening process. MSB offers the following online-only accounts: checking; savings; money markets and Certificate of Deposits.

You can open one of our secure Online-Only checking accounts at any time. Just click the button below to view options and apply.

You can open a traditional account at one of our locations or open an online-only account now. Call us at 815-385-3000 to discuss rates and options on how to grow your money at MSB.

Start your online application today by creating your secure account login ID!

Online-Only Accounts

Indexed Money Market Account


Earn higher rate of interest than traditional Money Market Accounts.

  • Open account with $10,000.
  • Interest compounded daily and credited to account monthly.
  • Maintain a daily balance of $5,000 to obtain disclosed annual percentage yield.
  • Waive maintenance fees for average account balance of $5,000 or greater.
  • Rate tied to Weekly Average 4-week Treasury bill secondary market rate1.

1A $10,000 minimum deposit is required to open Personal or Business account and obtain the stated Annual Percentage Yield (“APY”). Public Fund customers do not qualify. Interest Rate is based on the weekly average 4-week Treasury Bill secondary market rate as published by the Federal Reserve in their H.15 Release located at their website https://www.federalreserve.gov/releases/H15/#1. Interest is compounded daily and credited to account monthly. MSB, at its discretion, may offer a rate greater than the minimum allowable rate. Rates may change at any time. A minimum balance fee of $5.00 will be imposed every month if the daily balance in your account falls below $5,000.00 any day of the month. Maximum account balance may not exceed $2,000,000. Transaction limitations will apply. Fees may reduce earnings. See a Personal Banker for product details and account disclosure with full Terms and Conditions and Fee Schedule. MSB reserves the right to withdraw this offer any time.

Open a traditional account at one of our locations or open an online-only account now.

MSB’s online only accounts are a secure and convenient way for personal clients to open accounts for their banking and investing needs without coming into a bank location. Online-Only accounts may have different rates and terms than in branch accounts. Click on the link to start the secure account opening process. MSB offers the following online-only accounts: checking; savings; money markets and Certificate of Deposits.

You can open one of our secure Online-Only checking accounts at any time. Just click the button below to view options and apply.

Online-Only Accounts
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MSB Wealth Management


Our mission is to provide essential coaching and guidance for our family, friends, colleagues, and clients to accomplish the things in life that are truly important to them. Investing is about making logical decisions to get you to your goals.

For more information please call (815) 331-6464.

Resources


MSB offers many resources to our clients. We have onsite Safe Deposit Boxes to help protect your valuables, listing of additional services you can use, financial tools and a new Security Resources section to help protect you from fraud. This is a page worth checking out.

Start your online application today by creating your secure account login ID!

Resources
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