$10M+
Explore savings products from mph.bank
A division of Liberty Savings Bank, F.S.B., Member FDIC
- Create your account on Raisin in minutes.
- Grow your savings faster with exclusive rates.
- No platform fees, minimums, or direct deposit required.
Top savings products from mph.bank
Bank
Product
APY
Annualized Earnings
mph.bank, a division of Liberty Savings Bank, F.S.B., Member FDIC
Member FDIC
High-Yield Savings Account
3.86%
$1,930.00
mph.bank, a division of Liberty Savings Bank, F.S.B., Member FDIC
Member FDIC
Money Market Deposit Account
3.76%
$1,880.00
Raisin is not an FDIC-insured bank or NCUA-insured credit union and does not hold any customer funds. FDIC deposit insurance covers the failure of an insured bank and NCUA deposit insurance coverage covers the failure of an insured credit union.
Why save with mph.bank, a division of Liberty Savings Bank, F.S.B., on Raisin
Raisin partners with banks like mph.bank, a division of Liberty Savings Bank, F.S.B., Member FDIC, to make it easier for smart savers (like you!) to discover and open exclusive savings products.
FDIC insured
All deposits are held directly with Liberty Savings Bank, F.S.B., and qualify for FDIC insurance up to $250,000 per depositor, subject to certain conditions.
Powered by Liberty Savings Bank, F.S.B.
mph.bank is a division of Liberty Savings Bank, F.S.B., Member FDIC.
A new bank with history
mph.bank is part of, and backed by, Liberty Savings Bank which was founded over 100 years ago.
With Raisin, you get more than just a great rate.
It’s easy to see why 1M+ customers use Raisin to grow their savings:
✓ Exclusive access to high-yield savings accounts, CDs, and no-penalty CDs.
✓ 75+ banks and credit unions on one platform.
✓ Free to use — just $1 minimum deposit to get started.
✓ Switch products at any time in just a few clicks.
✓ Get 10M+ in FDIC or NCUA insurance,† subject to certain conditions.
✓ One secure login, one set of tax forms.
It only takes a few minutes to start earning:
1. Browse offers
Select a high-yield savings product to get started. Easily switch or add products at any time after you sign up.
2. Create your account
Verify your identity and sign up. Your account allows you to manage savings products via Raisin’s secure platform.
3. Deposit funds
Link your bank and fund your first savings product; all it takes is just $1 to get started.
No fees
4.3 / 5
$80B+
Ready to start saving?
Sign up with Raisin in minutes and start earning more on your savings.
Create a free Raisin login
Answers to frequently asked questions
Is Raisin a bank?
No — Raisin is not a bank. We’re a financial platform that connects you with federally insured banks and credit unions. When you open an account through Raisin, your deposits are placed directly with the financial institution — not held by Raisin.
Because we’re not a bank, we’re able to work with many different financial institutions — giving you access to a wider range of savings options that you might not find on your own.
How are my deposits protected?
Your deposits are always held at federally insured banks or credit unions — not by Raisin. That means your money is eligible for pass-through insurance from the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA), which covers up to $250,000 per institution, per depositor. For more information on pass-through deposit insurance, please click here.
Because Raisin works with over 75 banks and credit unions, you can spread your savings across multiple accounts—all through one secure Raisin login—to help keep more of your money protected.
What is pass-through insurance?
Raisin is not a bank. When you open an account through Raisin, your deposits are held at a partner bank or credit union that is federally insured by the FDIC or NCUA.
Pass-through insurance means your deposits are eligible for up to $250,000 of coverage per institution, per depositor — even when your account is opened through a third-party platform like Raisin. You’re still considered the beneficial owner of the funds, just as if you had opened the account directly with the bank or credit union.
Certain conditions must be met for pass-through FDIC or NCUA deposit insurance coverage to apply.
If Raisin is free to use, how do you make money?
Raisin is completely free for you — we don’t charge fees or take a cut of your savings. Instead, we’re paid by our partner banks and credit unions to introduce their products to smart savers like you.
When you open and fund an account through Raisin, our partners pay us—so you can access great rates, all in one place, without any added cost.
What is the minimum amount needed to open an account?
All accounts on the Raisin platform have just a $1 minimum deposit — plus, accounts opened through Raisin have no minimum balance requirements or maintenance fees.
Are there fees or penalties for withdrawing funds?
All of the products on Raisin's platform have no maintenance fees and no hidden charges. The only fee you may encounter on the Raisin platform is an early withdrawal penalty on a fixed-term CD, as outlined in that product’s terms.
How often is interest paid and how is it calculated?
Interest accrues daily and is posted to your account monthly (or as defined by the partner bank’s terms). The interest rate (APY) is variable — that means it can change over time in response to market rates, though Raisin’s platform allows you to compare and switch offers as needed.
Can I have multiple savings accounts across different banks via Raisin?
Yes — Raisin lets you open multiple savings products through different partner banks. You can manage them all from one Raisin dashboard, rather than logging into each bank separately.
What happens if an interest rate drops or a partner bank changes rates?
Rates on high-yield savings accounts and money market deposit accounts are variable, so partner bank APYs can change. Because Raisin offers access to a range of products from a network of banks and credit unions, you’ll be able to see new rates in real time and switch to a better offer at any time.
Als Pionier für Spar-, Investment- und Altersvorsorgeprodukte ermöglichen wir Privatkunden einen unkomplizierten Zugang zu globalen Einlagen- und Kapitalmärkten – ein Vorteil, der auch Finanzinstitute stärkt.
© 2026 Raisin SE. All rights reserved.
The Raisin name and logo are trademarks of Raisin SE. All other trademarks, logos, marks, and brand names are the property of their respective owners.
*APY means Annual Percentage Yield. APY is accurate as of [todayDate]. Interest rate and APY may change after initial deposit depending on the terms of the specific product selected. Minimum opening deposit is $1.00.
Raisin is not an FDIC-insured bank, and FDIC deposit insuranc eonly covers the failure of an insured bank.
Raisin is not an NCUA-insured credit union. NCUA deposit insurance only covers the failure of an insured credit union.
Raisin does not hold any customer funds. Customer funds are held in various custodial deposit accounts. Each customer authorizes the Custodial Bank to hold the customer’s funds in such accounts, in a custodial capacity, in order to effectuate the customer’s deposits to and withdrawals from the various bank and credit union products that the customer requests through Raisin.com. The Custodial Bank does not establish the terms of the bank or credit union products and provides no advice to customers about bank or credit union products offered by the applicable bank or credit union through Raisin.com. Each customer also authorizes the Service Bank to move funds among the various banks and credit unions at the customer’s request. First International Bank & Trust (FIBT), Member FDIC, is the Service Bank. Bell Bank and Starion Bank, each Member FDIC, are the Custodial Banks.
†Based on $250,000 in FDIC or NCUA insurance coverage per insurable category of ownership at each partner bank or credit union on the Raisin platform (each a "Product Bank"), when aggregated with all other deposits held by you at such Product Bank and in the same insurable category. Deposits made through Raisin will be eligible to receive deposit insurance from the FDIC or the NCUA (each a "Deposit Insurer") in accordance with and up to the maximum amount permitted by law at each Product Bank. Raisin is not a bank or credit union and does not hold any customer funds. Funds are held at FDIC-insured banks and NCUA-insured credit unions. Deposit insurance covers the failure of an insured bank or credit union. Certain conditions must be satisfied for pass through deposit insurance coverage to apply. Customers may choose to deposit funds with identically registered accounts at different Product Banks on the Raisin platform to be eligible for Deposit Insurer coverage up to $10 million for individual accounts and $20 million for joint accounts when at least 40 Product Banks are utilized. Please be aware, however, that any deposits you have at a Product Bank, whether through the Raisin platform or outside the Raisin platform, that you may hold in the same capacity (such as in an individual capacity or joint capacity) count toward the applicable Deposit Insurer's deposit insurance maximum amount, and any such amounts that you hold in the same capacity at a Product Bank that exceed the maximum insurance coverage by the applicable Deposit Insurer will not be insured. For more information on FDIC deposit insurance, please see here. For more information on the NCUA share insurance fund, please see here. You are solely responsible for monitoring the amount of funds you have on deposit at each a Product Bank, whether through the Raisin platform or outside the Raisin platform, to confirm that the deposits you hold in the same capacity at each Product Bank do not exceed the maximum deposit insurance coverage provided by the applicable Deposit Insurer.