Personal - Deposits - Savings Scott State Bank

piggy bank on pile of coins sitting on table

Savings

Click here for our current Deposit Interest Rates

Personal Savings

  • $10 minimum deposit to open
  • $2 monthly service charge if average daily balance falls below $100 during the month(waived for persons age 19 and under)
  • $2 for monthly excess withdrawal charge for each withdrawal in excess of four per month
  • Interest paid quarterly

Christmas Club

  • $1 minimum deposit to open
  • Interest is tiered
  • No early withdrawals
  • Club checks are mailed in October.  Just in time to begin Christmas shopping!

Money Market

  • $2,500 minimum deposit to open account
  • Interest is tiered and variable
  • $12 service charge if minimum daily balance falls below $2,500 and average daily balance falls below $5,000 during statement cycle

Premium Plus Money Market

  • $10,000 minimum deposit to open account
  • Interest is tiered and variable
  • $15 service charge if minimum daily balance falls below $10,000 during statement cycle