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 | EZ Savings | |
|---|---|---|---|---|
| Minimum Opening Deposit | $100 | $25,000 | $1,000 | $5.00 |
| No Monthly Fee with a Daily Balance of: | $300 | $1,000 | $5,000 | No minimum daily balance requirements |
| Monthly Fee if Balance Drops Below Daily Balance of: | $3 | $3 | $10 | No Monthly Fee |
| Interest Earning | Yes | Yes | Yes | Yes |
| Statement Options | E-statement, Printed or Combined | E-statement, Printed or Combined | E-statement or Printed | Combined Statement with a Porter Bank Checking Account |
| 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 | None |
| 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 | Must have Porter Bank Checking Account, Online or Mobile Banking, Debit Card, and enrolled in 'Keep the Change' program |
no | Apply Now | 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.