MCS Bank savings, CD and money market rates
MCS Bank's Smart Saver advertises 0.12% APY. That is 0.26 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #2197 of 3146 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1998.
MCS Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 0.12% · Smart Saver |
| Minimum to open | $100 · Smart Saver |
| Against the national average | 0.26 percentage points below the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 3.85% · 7 months · 7 Month CD Special |
| Minimum to open | $1,000 · 7 months CD |
| Against the national average | 2.46 percentage points above the 1.39% FDIC 6-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 0.20% · Money Market Account · needs at least $25,000 |
| Minimum to open | $2,500 · Money Market Account |
| Against the national average | 0.43 percentage points below the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 28186 · Milroy, PA |
|---|---|
| Website | www.mcs.bank |
| Branches | 10 branches in PA |
| Availability | Available in PA |
MCS Bank savings, CD and money market rates
Personal
How the rate applies
IRA
Business
How the rate applies
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.20% or more. See the highest savings rates.
MCS Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 1 months | 0.20% | $1,000 | 31 Day CD |
| 3 months | 1.05% | $1,000 | 92 Day CD |
| 6 months | 2.52% | $1,000 | 182 Day CD |
| 7 months | 3.85% | $1,000 | 7 Month CD Special |
| 11 months | 3.85% | $1,000 | 11 Month CD Special |
| 12 months | 0.42% | $1,000 | 12 Month CD |
| 17 months | 3.75% | $1,000 | 17 Month CD Special |
| 18 months | 0.42% | $1,000 | 18 Month CD |
| 24 months | 0.42% | $1,000 | 24 Month CD |
| 25 months | 3.75% | $1,000 | 25 Month CD Special |
| 30 months | 0.45% | $1,000 | 30 Month CD |
| 36 months | 0.55% | $1,000 | 36 Month CD |
| 37 months | 3.29% | $1,000 | 37 Month CD Special |
| 48 months | 0.60% | $1,000 | 48 Month CD |
| 49 months | 3.03% | $1,000 | 49 Month CD Special |
| 60 months | 0.60% | $1,000 | 60 Month CD |
| 61 months | 3.03% | $1,000 | 61 Month CD Special |
| 72 months | 0.60% | $1,000 | 72 Month CD |
| 84 months | 0.60% | $1,000 | 84 Month CD |
| 96 months | 0.60% | $1,000 | 96 Month CD |
| 108 months | 0.60% | $1,000 | 108 Month CD |
| 120 months | 0.60% | $1,000 | 120 Month CD |
Interactive Tool
Calculate Savings for MCS Bank
All calculations are based on APY.
Tiered rates: 0.00% to 0.20% APY across 4 balance tiers.
Savings Breakdown
- Interest Earned+$58.30(0.4%)
- Total Contributions$13,000
- Initial Deposit$2,500
Projected Balance
$15,558.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What MCS Bank pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, MCS Bank paid a higher average rate on savings and money market deposits than 20% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- MCS Bank, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Smart Saver | 0.12% | $100 | $0 | None | not stated | not stated | One rate | |
| Statement Savings | 0.10% | $50 | $0 | None | not stated | not stated | One rate | |
| Young Saver | 0.10% | $1 | $0 | None | not stated | not stated | One rate | |
| Christmas Club | 0.10% | $1 | $0 | None | not stated | not stated | One rate | |
| Fine print: Funds are paid out each October by mail or by direct deposit to an MCS Bank account. A penalty applies to an early withdrawal. | ||||||||
| Vacation Club | 0.10% | $1 | $0 | None | not stated | not stated | One rate | |
| Fine print: Funds are paid out in the month the holder chooses. A penalty applies to an early withdrawal. | ||||||||
| My First Savings | 0.10% | $25 | $0 | None | not stated | not stated | One rate | |
| Kasasa Saver | 0.10% | $25 | $0 | None | not stated | Linked account at the bank | One rate | |
| Fine print: Rate applies when the account's monthly qualifications are met. Otherwise the account pays a lower base rate. | ||||||||
| Money Market Account | Up to 0.20% | $2,500 | $0 | None | not stated | not stated | Tiered | |
| Fine print: A minimum balance fee is charged when the balance falls below $10,000. | ||||||||
| IRA | ||||||||
| IRA Savings | 0.10% | $0 | $0 | None | not stated | not stated | One rate | |
| Business | ||||||||
| Business Money Market Account | Up to 0.20% | $2,500 | $0 | None | not stated | not stated | Tiered | |
Fine print for 2 products above: One withdrawal per quarter is free. Each further withdrawal costs $10.
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| 31 Day CD | 1 months | 0.20% | $1,000 | not stated | not stated |
| 92 Day CD | 3 months | 1.05% | $1,000 | not stated | not stated |
| 182 Day CD | 6 months | 2.52% | $1,000 | not stated | not stated |
| 7 Month CD Special | 7 months | 3.85% | $1,000 | not stated | not stated |
| 11 Month CD Special | 11 months | 3.85% | $1,000 | not stated | not stated |
| 12 Month CD | 12 months | 0.42% | $1,000 | not stated | not stated |
| 17 Month CD Special | 17 months | 3.75% | $1,000 | not stated | not stated |
| 18 Month CD | 18 months | 0.42% | $1,000 | not stated | not stated |
| 24 Month CD | 24 months | 0.42% | $1,000 | not stated | not stated |
| 25 Month CD Special | 25 months | 3.75% | $1,000 | not stated | not stated |
| 30 Month CD | 30 months | 0.45% | $1,000 | not stated | not stated |
| 36 Month CD | 36 months | 0.55% | $1,000 | not stated | not stated |
| 37 Month CD Special | 37 months | 3.29% | $1,000 | not stated | not stated |
| 48 Month CD | 48 months | 0.60% | $1,000 | not stated | not stated |
| 49 Month CD Special | 49 months | 3.03% | $1,000 | not stated | not stated |
| 60 Month CD | 60 months | 0.60% | $1,000 | not stated | not stated |
| 61 Month CD Special | 61 months | 3.03% | $1,000 | not stated | not stated |
| 72 Month CD | 72 months | 0.60% | $1,000 | not stated | not stated |
| 84 Month CD | 84 months | 0.60% | $1,000 | not stated | not stated |
| 96 Month CD | 96 months | 0.60% | $1,000 | not stated | not stated |
| 108 Month CD | 108 months | 0.60% | $1,000 | not stated | not stated |
| 120 Month CD | 120 months | 0.60% | $1,000 | not stated | not stated |
Opening and using the account
| Availability | Available in PA |
|---|---|
| Footprint | 10 branches in PA |
| Eligibility | not stated |
How MCS Bank behaves over time
Every observation of the advertised Smart Saver rate in the last 12 months was 0.12% (observed through Nov 2, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Oct 28, 20267 Month CD SpecialRaise:3.75%to3.85%
- Obs. Oct 28, 202611 Month CD SpecialRaise:3.75%to3.85%
- Obs. Oct 7, 20267 Month CD SpecialRaise:3.60%to3.75%
- Obs. Oct 7, 202611 Month CD SpecialRaise:3.65%to3.75%
- Smart Saver
- The same as 30 days ago.
- 7 months CD
- Up 0.10 percentage points from 7 days ago.
$10,000 at the 0.12% APY MCS Bank advertises on Smart Saver grows to $10,012 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,651 does today. See how the federal funds rate shapes savings rates.
MCS Bank CD rates over time
Who is MCS Bank?
| Headquarters | Milroy, PA |
|---|---|
| Founded | 1923 |
| Scale | $225M assets · $196M deposits, $159M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 28186 |
| Charter state | Pennsylvania · one of 110 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,787th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 75% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What MCS Bank pays on deposits above.
Common questions about MCS Bank
Is MCS Bank FDIC insured?
Yes. MCS Bank is FDIC insured under certificate 28186, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at MCS Bank?
MCS Bank requires a minimum deposit of $100 to open its Smart Saver account, as observed on Nov 2, 2026. Check the bank's current terms before you open an account.
Does MCS Bank have branches?
Yes. MCS Bank operates 10 branches according to FDIC branch records, in addition to its website and mobile apps.
MCS Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| MCS Bank | 0.12% | 0.68% | $100 | 10 branches in PA |
| Pentucket Bank | 0.12% | 1.89% | $10 | 6 branches in MA, NH |
| Stafford Savings Bank | 0.11% | 0.54% | $5 | 3 branches in CT |
| The Stock Exchange Bank, Caldwell, Kansas | 0.13% | 0.73% | $25 | 2 branches in KS |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to MCS Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Pennsylvania, nearest to MCS Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: banks in Pennsylvania.