Family Savings. Cheerful Afro Mother Teaching Little Daughter How To Save Money Holding Piggybank Sitting On Sofa At Home

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
Interest Earning

yes

yes

Yes
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

no

no

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✦ 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.