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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.