Start Saving Your Way with the Right Savings Account
Choosing the right savings account to serve as the cornerstone of your finances is a big decision. At Bank of Herrin, our savings account options give you the power to save money effectively. Whether you need a traditional savings account to save for the future, or an account that allows you to save for purchasing gifts during the holiday season, we’ve got you covered. Contact a member of our personal banking team to start the process of opening a savings account.
Compare Bank of Herrin Savings Accounts
| Account | Who Needs This Account | Minimum Balance to Open | Service Charge | Interest | Restrictions |
|---|---|---|---|---|---|
Statement Savings* | Savers seeking a traditional savings account that will allow them to earn interest on their balance while maintaining access when they need it. | $50.00 | $2.00 if balance falls below $50.00 at any time during the month $0.50 per debit over 3 per month | Yes | 3rd party debits (ACH, automatic, telephone, mobile, or computer transfer) are limited to 6 per month |
Christmas Club Savings* | Savers who want to save throughout the year for their holiday purchases. Earn interest on your account throughout the year and receive an ACH deposit at the beginning of November just in time for holiday shopping. | $3.00 | $5.00 for each withdrawal before the end of the club year | Yes | N/A |
* Rates may change after the account is opened. Fees may reduce earnings.