BankMidsouth.com

Personal Savings

Personal Savings

MidSouth makes saving easy. No matter what you’re saving for—education, retirement, an emergency fund—we have the account to fit your needs. First-time savers benefit from our low minimum balance savings account. Those looking for higher yields can shop our array of money market and CD options. Free direct deposit and automatic account transfers make saving seamless and effortless.

Statement Savings

Start saving, have quick access to your money and earn competitive interest with a Regular Savings account.*

  • Begin saving with as little as a $100 opening deposit
  • Maintain a minimum daily balance of $100 or more to earn interest and avoid service charges
  • Service charge if ledger balance drops below $100 during statement cycle is $6 
  • FREE Online Banking 
  • FREE 24-Hour Telephone Banking
  • Use this account as overdraft protection for your checking account. Ask us how.

*Federal banking regulations limit you to six pre-authorized, telephone or online transfers per month. This includes checks, drafts, or similar orders you make payable to a third party. Debit fees may apply per withdrawal/debit after 6 per calendar month. See fee schedule.

Student Savings

Whether you are saving for your child’s future or teaching your child to save, a Student Savings account gives your child a financial head start.* 

  • Initial deposit to open is $10
  • Free to students through age 22
  • FREE Online Banking 
  • FREE 24-Hour Telephone Banking 

*Federal banking regulations limit you to six pre-authorized, telephone or online transfers or withdraws per month. This includes checks, drafts, or similar orders you make payable to a third party. Debit fees may apply per withdrawal/debit after 6 per calendar month. See fee schedule.

Christmas Club Savings

When you’re saving for something special like a holiday shopping spree, a Christmas Club Savings account will help you meet your savings goal.

  • Open with as little as $10
  • Interest is credited to your account at maturity 
  • An early withdrawal fee of $10 will be charged each time funds are withdrawn prior to maturity.
  • A $10 fee will be imposed at maturity if your balance is less than $100.

Super Money Market

When you want to earn interest, but need your savings to be accessible, a Money Market account is an excellent option.* 

  • Initial deposit to open account is $2,500
  • Minimum daily balance to avoid service charge is $2,500 or average daily balance of $10,000. Earn more interest as your balance grows
  • Rates are tiered - Earn more interest as your balance grows
  • Receive your first order of checks FREE
  • Service charge of $10 per month if minimum balance requirement is not met
  • See Interest Rate Information for current rates

* Federal banking regulations limit you to six transfers/withdrawals per monthly statement cycle. Item service charges may apply. See fee schedule.

Liquid CD

Need a savings product with the built in flexibility you need?  Try MidSouth’ S Liquid CD.

  • Initial deposit to open is $2,500
  • One withdrawal per quarter permitted
  • Additional deposits of at least $500 allowed
  • $25 fee for excess withdrawals after first one allowed
  • Minimum balance of $2,500 required to earn interest
  • See Interest Rate Information for current rates.
  • Interest rate is variable and may change at anytime, at our discretion.

Certificates of Deposit

Higher interest rates and flexible terms help you reach your savings goal faster.*

  • Open with as little as $500
  • Choose from various terms for greater flexibility in your investment. Terms range from 90 days to 60 months.
  • Earn competitive rates. Interest will be compounded and applied to your account quarterly on 12- to 60-month terms. Interest will be paid at maturity on 90-day to nine-month terms.

*Early withdrawal fees may apply.

Individual Retirement Accounts

IRAs can be an important part of your retirement planning.  Please contact your local MidSouth Bank office for information on our IRA products.


You may make six withdrawals or transfers from your savings account each statement cycle. Excess withdrawals will be service charged as indicated under Schedule of Fees. At our discretion, our interest rate and annual percentage yield may change at any time. You must maintain the minimum balance stated for your account each day to obtain the annual percentage yield listed under "Current Rate Information". Interest begins to accrue no later than the business day on which we receive credit for non-cash items (for example, checks). The daily balance method is used to calculate the interest on your account and the amount of interest you earn is based on the daily collected balance. The daily balance method applies a daily periodic rate to the full amount of principal in the account each day.