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
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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 | 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.