Get Real Savings℠
Make saving a permanent habit. This account gives children a safe place to keep their spare change while teaching them the importance of saving.
- No monthly maintenance service charge
- Earn interest on your savings
- $10 minimum deposit to open
At age 13, account holders can obtain their first bankESB Debit Card and benefit from having ATM fees refunded nationwide.* Online Banking and eStatement options are available at this time. NOTE: Must be at least 13 years of age to open a savings account with a parent/guardian present and on the account.
At age 16, account holders can graduate to Get Real Checking with a bankESB Debit Card.**
Not responsible for surcharges or fees imposed by other banks, ATM operators and/or any networks based outside of the continental United States, Alaska, Hawaii or U.S. Territories.
*Can request a bankESB Debit Card at 13 years of age. Debit Card will not have Point of Sale functionality until the account owner turns 16 years of age and requests functionality be turned on. Other bank ATM surcharge fees are charged to the account during current statement cycle and will be refunded on the last business day of the current statement cycle. Accounts closed or changed to another product during statement cycle will not receive a refund of other bank's ATM surcharge fees. Not responsible for surcharges or fees imposed by banks, ATM operators and/or networks on transactions outside of the continental United States, Alaska, Hawaii or US Territories.
**At 16 years of age, can request that Point of Sale functionality be enabled and can also request checks.
Effective Date: Tuesday, August 16, 2022
| Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| $10.00 | $0.01 | 0.05% | 0.05% |
*Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
Notify us if you are 65 years of age or older, or 18 years of age or younger. You may be eligible for a waiver or reduction of certain account fees or charges.
Club Accounts
Save for the holidays or that well deserved vacation with a designated account.
- No monthly maintenance service charge
- Statement Savings account
- $10 minimum to open
- A check for the balance and interest is mailed in:
- April for Vacation Club
- October for Holiday Club
- Partial withdrawals not allowed*
*If any withdrawal is made from this account before club maturity, then this account may be closed
Effective Date: Tuesday, August 16, 2022
| Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| $10.00 | $0.01 | 0.05% | 0.05% |
*Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
First Choice Money Market
Accelerate your savings with an interest-bearing account that’s flexible enough to adapt to your lifestyle.
- $6 monthly maintenance service charge, waived with a minimum daily balance of $500
- Debit Card eligibility
- Direct Deposit available
- Free Online Banking
- eStatements
- Minimum balance to open account is $500.
Effective Date: Tuesday, August 16, 2022
| Product | Minimum to open | Minimum daily balance to obtain APY | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| First Choice Money Market | $500 | $0.01 | 0.15% |
*This is a variable rate account and the rate may change at anytime. Fees may reduce earnings. Not available for IRA's.
Tiered Money Market
Maximize the advantages of higher interest rates while benefiting from the liquidity of a savings account. Plus, with tiered interest rates, the higher your balance, the higher your interest rate.
- $6 monthly maintenance service charge, waived with a minimum daily balance of $500
- Debit Card eligibility
- Direct Deposit available
- Free Online Banking
- eStatements
- $1,000 minimum deposit to open
Not responsible for surcharges or fees imposed by other banks, ATM operators and/or any networks based outside of the continental United States, Alaska, Hawaii or U.S. Territories.
Effective Date: Tuesday, August 16, 2022
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | Annual Percentage Yield (APY)%* | |
|---|---|---|---|---|
| Tiered Money Market Account | $1,000.00 | $0.01 - $24,999.99 | 0.02% | |
Tiered Money Market $25,000-$49,999.99 | $1,000.00 | $25,000 - $49,999.99 | 0.05% | |
Tiered Money Market $1,000-$99,999.99 | $1,000.00 | $50,000 - $99,999.99 | 0.05% | |
Tiered Money Market $100,000-$999,999.99 | $1,000.00 | $100,000 - $999,999.99 | 0.10% | |
Tiered Money Market $1,000,000+ | $1,000.00 | $1,000,000+ | 0.10% |
*This is a variable rate account and the rate may change at any time. Fees may reduce earnings. Not available for IRA's.
