Personal Savings Accounts
Your Money Matters. Give It A PURPOSE.
At PurposeBank, a savings account is more than a place to put your money to save for education, a future purchase or a rainy day. It’s an opportunity to give your money a purpose, while supporting the local economy. Consider the features and competitive interest rates of our popular savings options and start planning for the future today.
Open Your Account Online Today!
Savings
Rainy day? Future plans? Emergency preparedness? Your money is secure in a PurposeBank Savings Account.
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Minimum Opening Deposit* |
$100 |
|---|---|
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Monthly Balance Requirement |
$100 minimum daily balance |
|
Monthly Service Charge |
$10/month service charge is waived if minimum balance is maintained. |
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Checks |
Not available |
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Interest Rate |
|
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ATM Access |
Access may be added if checking account is also with PurposeBank |
|
Online Banking |
Free |
Youth Savings
You're never too young to start saving!
Children (ages 17 and younger) may open a Savings Account of their own, and we will waive the minimum opening deposit and minimum balance requirement to encourage youth to save and establish smart financial habits. The account will convert to normal fee structure when minor reaches age 18. Please talk to a Retail Banker for more details.
Money Market Account
Higher interest rates than our traditional savings account with check-writing convenience.
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Minimum Opening Deposit* |
$100 |
|---|---|
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Monthly Balance Requirement |
$5,000 minimum daily balance |
|
Monthly Service Charge |
$10/month service charge is waived if minimum balance is maintained. |
|
Checks |
Available for purchase |
|
Interest Rate |
|
|
ATM Access |
Access may be added if checking account is also with VisionBank |
|
Online Banking |
Free |
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Transaction Limitations |
Limitations apply to certain types of withdrawals and transfers |
High Yield Money Market Account
All the benefits of our money market account, but with a higher interest rate.
|
Minimum Opening Deposit* |
$100 |
|---|---|
|
Monthly Balance Requirement |
$10,000 minimum daily balance |
|
Monthly Service Charge |
$20/month service charge is waived if minimum balance is maintained. |
|
Checks |
Available for purchase |
|
Interest Rate |
|
|
ATM Access |
Access may be added if checking account is also with VisionBank |
|
Online Banking |
Free |
|
Transaction Limitations |
Limitations apply to certain types of withdrawals and transfers |
Every new personal savings account includes:
FREE online Banking, FREE Bill Pay, FREE Mobile Banking and Mobile Deposit, FREE eStatements
