Personal Savings Accounts
Personal savings accounts offer a way for you to save for a goal or store your savings for a rainy day. The comparison below can help you determine the account that best meets your savings needs. When you are ready to open an account, contact us, visit any of our convenient locations, or open an account online.
Product Comparison Chart
| Features | Personal Savings | Premium Money Market | Certificates of Deposit | Prime Rate Certificate of Deposit |
|---|---|---|---|---|
| Minimum Opening Deposit | $50 | $1,000 | $1,000 | $1,000 (additional deposits allowed) |
| Maintenance Fee Per Statement Cycle | $5 fee waived with $200 daily minimum balance or for savers under age 21. | $10 fee waived with $1,000 daily minimum balance. | N/A | N/A |
| Interest Earned | Interest earned on balances of $25 or more. | Interest earned on balances of $1,000 or more with special tiered rates. | Interest rates are determined by time and amount invested. | Interest varies based on the Prime Rate as defined in The Wall Street Journal. |
| Withdrawal Limitations | Six per statement cycle, then $3 per withdrawal.* | Six per statement cycle, then $10 per withdrawal.* | Penalties may apply | Penalties may apply |
Disclosures
* Additional limits may apply per your account disclosures. Excessive withdrawals may result in the account being converted to a transaction account.
CDs & IRAs
No matter your savings goals, Bank of Travelers Rest offers CD and IRA options to help you reach your next savings milestone. Whether your goals are short-term or more distant, we offer flexible terms and competitive rates to tailor your savings options to your specific needs. To view the current rates offered on CDs or IRAs, click on the Rates button below.