Opening a savings account at Town Center Bank provides a reliable way to grow your finances while enjoying the benefits of secure, accessible banking. The Personal Statement Savings account is designed for individuals looking to earn interest on their savings with a competitive rate. It requires a low minimum opening deposit, making it easy to start saving immediately. This account includes the convenience of online and mobile banking, allowing you to track your progress and make deposits anytime. With no withdrawal penalties for maintaining a reasonable number of transactions, this account ensures you can access your funds while still saving effectively.
For young savers, the Minor Statement Savings account is an excellent introduction to financial literacy. Designed for children, this account helps families teach the importance of saving early, encouraging responsible financial habits that will benefit kids as they grow. Parents and guardians can guide their children in monitoring account balances and understanding the value of compound interest, all within a secure and supportive banking environment. Both account types at Town Center Bank prioritize customer convenience and financial growth, supported by modern banking tools to meet your savings goals efficiently.
Town Center Bank Savings At-a-Glance
| Account Type | Minimum Opening Deposit | Interest Paid | Account Requirements | Fee (based on the daily account balance) | Fees | |
| Personal Statement Savings | $100.00 | Monthly | Must maintain a daily balance of $250.00 to earn interest and avoid monthly fee. | $3.00 if balance falls below | $5.00 Excessive Transaction Fee will be charged for items over allowed transactions. A total of six withdrawals by preauthorized ACH or automatic debits allowed per month. | |
| Minor Statement Savings | $50.00 | Monthly | Interest paid on balances equal to or greater than $50.00. | None |