Personal Banking - Savings

A savings account is an essential financial tool. Our savings options cover everything from college and rainy day funds to retirement. At MyBank, we have the right product to help you reach your savings goals.

Regular Savings:
Opening Minimum Deposit: $100
Minimum Daily Balance: $100
Customer Charge: $2.00 if balance falls below $100; $5.00 charge for each withdrawal that exceeds the nine withdrawals per quarter
Customer Benefits: Earns interest, FDIC insured

Preferred Money Market:
Opening Minimum Deposit: $1,000
Minimum Daily Balance: $1,000
Customer Charge: $10.00 if balance falls below $1,000; 6 transfers per month may be made by preauthorization, automatic transfer, telephone, check, draft, debit card or similar order (including POS transactions); $25 per item fee if the allowed number of transfers is exceeded
Customer Benefits: Earns interest, pays a higher rate than our regular savings account, three checks per month, three withdrawals per month, FDIC insured

Minor Savings:
Opening Minimum Deposit: $25
Minimum Daily Balance: No Minimum Balance
Customer Charge: No monthly service charge; $5.00 charge for each withdrawal that exceeds nine withdrawals per quarter
Customer Benefits: Earns interest, FDIC insured

Christmas Club:
Opening Minimum Deposit: $50
Minimum Daily Balance: No Minimum Balance
Customer Charge: $50 penalty for early withdrawal
Customer Benefits: Earns interest, FDIC insured, earn .25 more for automatic transfer from other MyBank accounts.
Cash is available November 15

Vacation Club:
Opening Minimum Deposit: $50
Minimum Daily Balance: No Minimum Balance
Customer Charge: $50 penalty for early withdrawal before selected maturity at least 1 year from opening
Customer Benefits: Earns interest, earn .25 more for automatic transfer from other MyBank accounts. You select payment date after 1 year.