A Simple Savings account is ideal for customers who want an interest-bearing savings account without the typical minimum balance requirements. We call it “Simple Savings” because it is a simple-yet-effective way to meet your financial objectives through a savings plan.
A Simple Savings account has these benefits:
- Interest compounds daily and is paid quarterly
- Access to your funds with 24-hour ATM withdrawals
- Check balance and transfer funds with 24-hour telephone banking
- FREE online banking and bill pay
- Six withdrawals per quarter
- Quarterly or monthly statement when consolidated with your checking account statement
- Interest earned on any balance
- Save money while earning interest on idle funds
- Minimum opening deposit is only $50
