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BECOME AN UNTOUCHABLE

saver.

Do you have a habit of tapping into your savings for your weekly coffee runs or impromptu shopping trips? We’ve got just the thing for savers looking to reach their full potential. 


Maspeth Federal Savings is breaking out the Vault Savings account to keep your cash safe and secure.

Vault savings

Perfect for those with a soft spot for spending. Keep your money under lock and key with a savings account you can only transfer in to and must visit a branch in person to withdraw from.

Features & Benefits

  • Online account*
  • Competitive interest rate
  • Online transfers (incoming only)
  • Direct deposit
  • Mobile deposit
  • Must be present at a branch with a valid ID to withdraw funds

Stop your spending habits in their tracks.

  • Effective savings 
  • Safe and secure from impulse spending
  • Conveniently trackable balance

VAULT SAVINGS

0.50% APY (ANNUAL PERCENTAGE YIELD)**

Effective Date: 11/25/2024 | $100 minimum balance required

Open Today

Selecting the right tools to manage your money is an important part of your saving journey. Maspeth Federal Savings has all the tools and resources you need to create a strategy that works for your unique goals. You can do it all from home with our online banking and money management platform.  




We'll help you determine how much you need to save, 
and how much you can spend so you can reach your goals.


Financial Calculators

Think twice, spend none

Since your Vault Savings account only allows withdrawals in person at one of our branches, you’re sure to think twice about tapping into the cash you’ve worked hard to save. For the first time ever, it’s easier to save it than to spend it.


For more on budgeting, finding the best interest rates, and formulating the best saving strategy, check out our blog.  

* Open and view balance online. Mobile Banking functionality limited to View Only. All withdrawals must be in person with a valid ID present. Electronic Statements opt in are required. Must possess a valid social security number to use mobile banking or to view your account. Standard charges from your cell phone provider may apply for text messaging or mobile web access.


** The minimum balance shown is required to achieve the stated Annual Percentage Yield. All above Annual Percentage Yields are accurate as of today's date. Rates are subject to change without notice. Above rates on non-term accounts may change after the account is opened. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Applicable fees could reduce earnings on account. Please ask one of our customer service representatives for further information regarding the fees (if any), terms and conditions for the above-mentioned accounts. Disclosure statements are available at all branch locations. FDIC Insured.