Savings Options: Which is right for You?
Our Statement Savings account offers tiered competitive interest rates that begin with a balance of $0.01. In addition, with a $500 minimum balance, there’s no monthly service fee. If you’re not able to maintain the minimum balance, you’ll pay a monthly service fee of only $10.
If higher competitive interest rates and 24-hour access to your funds are what you are looking for, a Traditions Bank Money Market account may be the right account for you. Consider these benefits:
- $100 deposit to establish the account
- Earn higher interest rates as your account balance grows
- Write checks from your account, if needed
- No monthly service fee when you maintain a minimum balance of $3,000
- The service fee for balances in Money Market accounts that fall below $3,000 is $12 and is based on the daily minimum balance during the statement cycle