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Savings Account

The Patterson Bank has designed an array of savings accounts as individual as you and your financial needs.

Passbook Savings – Earns interest at a competitive rate while allowing accessibility to your funds.

  • Low $50 minimum opening deposit
  • Variable interest rate
  • Limited automated and third party transfers
  • Debit fee of $1.50 accessed per transaction in excess of two (2) withdrawals per quarter
  • $4.50 quarterly service charge if balance falls below $300


First Time Savings – A special savings account for our younger customers, First – Time savings has been created with special features and, more important, the chance to learn solid savings concepts for life!

  • For our special customers 18 years and under
  • No minimum opening deposit
  • Variable interest rate
  • No quarterly service charge
  • Limited automated and third party transfers


Super Saver Savings – Earn premium rates with this floating rate savings account.

  • $50,000 minimum opening deposit
  • Tiered variable interest rate
  • Limited automated and third party transfers
  • Debit fee of $1.50 accessed per transaction in excess of two (2) withdrawals per quarter
  • $4.50 quarterly service charge if balance falls below $300


Christmas Club Savings – A special savings account to assist you in saving for the holiday season.

  • No minimum opening deposit
  • Variable interest rate
  • Unlimited deposits
  • No quarterly service charge
  • Withdrawals made prior to November 1st subject to $25 fee


Health Savings – A Health Savings Account (HSA) in conjunction with a high-deductible health plan (HDHP) is a new way to lower your health care costs. It’s a tax advantage account that can be used to pay for day-to-day eligible medical expenses. Your HSA is also an excellent way to save for retirement as the money in your account continues to grow tax-free, year after year.

  • Low $100 minimum opening deposit
  • Tiered variable interest rate
  • No monthly service charge

More information on any of these accounts can be obtained through our Customer Service Representatives.

 

 

   
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