Institution for Savings
Personal Banking

SAVINGS


Institution for Savings offers a full menu of uncomplicated personal banking products and services to meet your everyday banking needs. Our offerings are designed to provide you with stress-free banking and competitive rates - all delivered with the personal expert service you have come to expect from us since 1820. And we typically have the lowest fees of almost any area bank! A per item fee will be assessed for statement savings or preferred savings transactions in excess of 6 preauthorized, automatic, telephone banking, internet banking transactions or 3 ATM point-of-sale transactions per month.


Passbook Savings

    For customers who like the security and convenience of a passbook, this account can be opened and maintained with as little as $10. A $5.00 monthly service charge is assessed if your account drops below $10.00

  • Direct deposit available
  • Funds may be used as collateral for passbook loans
  • 24-hour Automated Telephone Banking

Statement Savings

    This account pays a competitive rate of interest and can be opened with as little as $10. A $5 monthly service charge is assessed if your account drops below $10. Other benefits:

    • No fee ATM card and/or VisaŠ Debit Card and Point of Sale transactions
    • Your choice of monthly statements by mail or electronically
    • 24-hour Automated Telephone Banking
    • Surcharge-free withdrawals at SUM network ATMS (Other financial institutions may charge fee outside of SUM networks)
    • Direct Deposit available

    Preferred Savings

      This savings account pays a premium rate of interest for balances of $50,000 or more. A $50,000 minimum balance is required to open and avoid a $10 monthly service charge. Other benefits:

      • Your choice of monthly statements by mail or electronically
      • 24-hour Automated Telephone Banking
      • Surcharge-free withdrawals at SUM network ATMS (Other financial institutions may charge fee outside of SUM networks)
      • Direct Deposit available
      Click here for current rates