Personal Savings Products
We Make Saving Money Easy
Whether you’re saving for a new home, car, a future wedding, home repairs, vacation or just a rainy day, Porter Bank makes it easy for you to save money with our Savings Accounts. Choose between Everyday Savings with a low minimum balance requirement or a higher yielding Elite Savings
|Everyday Savings||Elite Savings||Money Market|
|Minimum Opening Deposit||$100||$25,000||$1,000|
|No Monthly Fee with a Daily Balance of:||$300||$1,000||$5,000|
|Monthly Fee if Balance Drops Below Daily Balance of:||$3||$3||$10|
|Statement Options||E-statement, Printed or Combined||E-statement, Printed or Combined||E-statement or Printed|
|Other Fees||$2 Fee for More than 3 Teller Withdrawals Monthly||$10 Excess Withdrawal Fee if More than 6 Transfers✦per Month||$15 Fee for More than 6 Withdrawals Monthly|
|Other Requirements||Limited to 6 Transfers✦ per calendar month||Limited to 6 Transfers✦ per calendar month Must have active checking or Certificate of Deposit; otherwise converts to Everyday Savings|
|Apply Now||Apply Now||Apply Now|
✦ Transfers include Pre-Authorized, Automatic, Telephone, Online & Mobile, and Check/Draft/ACH to third party.
✦ Regulatory restrictions require us to close or restrict accounts violating the above transfer limits if violations persist.