Emergency fund, vacation, college, retirement, or just saving for that special thing you’ve been pining over; whatever your reason to save some for later, it is a wise decision! There are a lot of reasons people save. No matter what you’re saving for, we’re here to help keep your money safe and secure until you’re ready to use it.
Tip: We can set up your checking account to automatically transfer money to your savings, monthly or every payday. You choose how often and for how much.
Personal Savings Account highlights:
- $100 initial deposit to open the Personal Savings Account
- Interest is compounded and paid quarterly
- Quarterly statements will be produced one month earlier than the calendar quarter
- If the balance falls below $100 at any point during the statement cycle a $5 fee will be assessed if the account holder is over 18
- Withdrawal limitations and fees may apply depending on your account activity
Health Savings Account
You can pay less in taxes and benefit from substantial discounts simply by using an HSA to pay for your out-of-pocket medical expenses.
The Callaway Kids Bank
This program is designed to teach our children the importance of saving their money at an early age.