Personal Savings Account Options
(if below minimum balance)
(if below minimum balance)
-At age 21 account automatically transfers to Traditional Savings
-Penalty for early withdrawal
-Contact PrinsBank for rates
*Statements are $3.00 per printed statement unless enrolled in eStatements which are free.
**Monthly EFT statements provided.
Terms and rates (if applicable) are available upon request.
Piggy Bank
Learning to save should start at an early age. That’s why PrinsBank developed a special savings account just for kids. It’s important to teach kids the value of money and make saving fun!
- $20 minimum opening deposit
- Free piggy bank for children age 10 and under at account opening
- No minimum balance
- No monthly service charge or maintenance fees
- Variable interest rate that may change at any time
- Interest accrues daily and will be compounded and credited on a quarterly basis
- Quarterly statement
- EFT statement provided monthly
- Parent or legal guardian required as signor on account
- Automatically transfers to our Traditional Savings at age 21
Traditional
The traditional savings account with all the benefits you’ve come to expect. It’s the convenient way to save for all your future needs.
- $100 minimum opening deposit
- $100 minimum balance
- $3 quarterly service charge/maintenance fee if balance drops below minimum balance
- Variable interest rate that may change at any time
- Interest accrues daily and will be compounded and credited on a quarterly basis
- Quarterly statement
- EFT statement provided monthly
Money Market
The tiered Money Market Account puts your money to work. The more you save, the more you earn.
- $2,500 minimum opening deposit
- $2,500 minimum balance
- $15 monthly service charge/maintenance fee if balance drops below minimum balance
- Multi-tiered variable interest rates that may change at any time
- Interest accrues daily and will be compounded and credited on a monthly basis
- Monthly statement
- $500 minimum withdrawal amount
- Withdrawal limits (see account disclosures)
Certificate of Deposits (CD's)
Certificates of Deposit are one of the most widely held bank investments. They are flexible, safe, FDIC insured investments that let you adapt to changing economic times without loss of your capital investment. If you are interested in a truly worry-free investment, look no further that a CD from PrinsBank.
- Different maturity terms to meet your future needs
- $1,000 minimum opening deposit on all terms
- Penalty for early withdrawal
- Interest rate is fixed and will not change during the term of your account
- Interest accrues daily and will be compounded and credited to your account per disclosure (montly, quarterly, semi-annually, etc.)
- You may elect to have your interest credited to another deposit account at PrinsBank or paid by check
Open An Account or Apply For A Loan!
Our team is here to help you understand what accounts or lending options are best for your needs. Click Get Started and one of our bankers will reach out to help you achieve your financial goals.
Open An Account or Apply For A Loan!
Our team is here to help you understand what accounts or lending options are best for your needs. Get started today and we’ll have one of our bankers reach out to move your forward with your goals.