I want to create a rectangle that has openings at the top and bottom of it using photoshop. Like such (I created this using microsoft word just to have a template) . The issue I'm having is that I am unsure as to how I can do this using photoshop. I tried entering a filled white square in the area that I wanted blank but this restricted me from adding the text. Any idea on how I can achieve this using photoshop? I want to use this for my website header but the image from word comes up in poor quality.
It sounds like you need to spend some time playing around with the Layers panel. While the method you've used isn't the best it should absolutely work, you just need to put your text on a higher layer than the white square you used to remove the black.
Nice choice of font for the Marissa XO as well!