Savings

Savings is the perfect way to start saving – whether you have a specific goal or dream, or you’re building a nest egg.

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Presence Bank

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Savings
(also available as IRA)

Money Market Kids Savings
(under age 18)
Minimum Opening Deposit Requirement $100.00  $2,500.00  $10.00
Minimum Balance to Avoid Fees $100.00 $2,500.00 $0.00
Monthly Maintenance Fee (if balance not met) $8.00 $8.00 None
Interest Structure $0.00 – $99.99
$100.00 – $499.99
$500.00 – $24,999.99
$25,000.00 – above

$0.00 – $2,499.99
$2,500.00 – $149,999.99
$150,000.00 – $249,999.99
$250,000.00 – above

$0.00 – $99.99
$100.00 – $499.99
$500.00 – $24,999.99
$25,000.00 – above
Fees for Non-Presence Bank ATMs None Reimbursed Reimbursed up to $15.00 / Month1 None Reimbursed
Paper Statement Free Free Free
Additional Account Features None Free First Order of Standard Personalized Checks None
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1 Fees charged by the ATM owner will be calculated at the end of every month and either reimbursed up to $15.00 (Free Checking, Life Checking, Money Market), or reimbursed completely (Rewards Checking)

Please contact a local branch for current rates and fees applicable to each account. Fees may reduce earnings.

Presence with Purpose.