Get Real Savings
Make saving a permanent habit. This account gives children a safe place to keep their spare change while teaching them the importance of saving.
- No monthly service charge
- Earn interest on your savings
- $10 minimum deposit to open
- No minimum balance required to maintain the account
At age 13, account holders can obtain their first bankESB Debit Card/ATM and benefit from having ATM fees refunded nationwide.* Online Banking and eStatement options are available at this time.
At age 16, account holders can graduate to Get Real Checking with a bankESB Debit Card/ATM.**
*Can request a bankESB ATM/Debit card at 13 years of age. ATM/Debit card will not have Point of Sale functionality until the account owner turns 16 years of age and requests functionality be turned on. Other bank ATM surcharge fees are charged to the account during current statement cycle and will be refunded on the last business day of the current statement cycle. Accounts closed or changed to another product during statement cycle will not receive a refund of other bank's ATM surcharge fees. Not responsible for surcharges or fees imposed by banks, ATM operators and/or networks on transactions outside of the continental United States, Alaska, Hawaii or US Territories.
**At 16 years of age, can request that Point of Sale functionality be enabled and can also request checks.
Passbook Savings
If you prefer the traditional passbook to view and keep track of your transactions and interest payments, then this is the account for you.
- Passbook must accompany transactions made in person at any branch
- $10 minimum to open
- Direct Deposit available
*Can request a bankESB ATM/Debit card at 13 years of age. ATM/Debit card will not have Point of Sale functionality until the account owner turns 16 years of age and requests funtionality be turned on. Other bank ATM surcharge fees are charged to the account during current statement cycle and will be refunded on the last business day of the current statement cycle. Accounts closed or changed to another product during statement cycle will not receive a refund of other bank's ATM surcharge fees. Not responsible for surcharges or fees imposed by banks, ATM operators and/or networks on transactions outside of the continental United States, Alaska, Hawaii or US Territories.
**At 16 years of age, can request that Point of Sale functionality be enabled and can also request checks.
| Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| $10.00 | $0.01 | 0.05% | 0.05% |
* Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
The Federal Deposit Insurance Corporation (FDIC) federally insures deposits of up to $250,000. All portions of deposits in excess of $250,000 are insured by the Depositors Insurance Fund (DIF).
Club Accounts
Save for the holidays or that well deserved vacation with a designated account.
- Statement Savings account
- $10 minimum to open
- No maintenance service charge
- A check for the balance and interest is mailed by:
- June 1st for Vacation Club
- October 1st for Holiday Club
- Partial withdrawals not allowed*
*If any withdrawal is made from this account before club maturity, then this account may be closed
Tiered Money Market
Maximize the advantages of higher interest rates while benefiting from the liquidity of a savings account. Plus, with tiered interest rates, the higher your balance, the higher your interest rate.
- $6 monthly maintenance service charge, waived with a minimum daily balance of $500
- No more than 6 electronic or 3rd party transactions per statement cycle allowed
- Debit Card/ATM eligibility
- Direct Deposit available
- Free Online Banking
- eStatements
*Can request a bankESB ATM/Debit card at 13 years of age. ATM/Debit card will not have Point of Sale functionality until the account owner turns 16 years of age and requests funtionality be turned on. Other bank ATM surcharge fees are charged to the account during current statement cycle and will be refunded on the last business day of the current statement cycle. Accounts closed or changed to another product during statement cycle will not receive a refund of other bank's ATM surcharge fees. Not responsible for surcharges or fees imposed by banks, ATM operators and/or networks on transactions outside of the continental United States, Alaska, Hawaii or US Territories.
**At 16 years of age, can request that Point of Sale functionality be enabled and can also request checks.
| Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| $1,000.00 | $0.01 - $24,999.99 | 0.03% | 0.03% |
| $1,000.00 | $25,000 - $49,999.99 | 0.07% | 0.07% |
| $1,000.00 | $50,000 - $99,999.99 | 0.12% | 0.12% |
| $1,000.00 | $100,000 - $999,999.99 | 0.16% | 0.16% |
| $1,000.00 | $1,000,000 & over | 0.20% | 0.20% |
* Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
The Federal Deposit Insurance Corporation (FDIC) federally insures deposits of up to $250,000. All portions of deposits in excess of $250,000 are insured by the Depositors Insurance Fund (DIF).
