Personal Savings

Traditional Savings

Savings accounts provide a convenient way to set aside funds and earn interest over time.

Savings accounts have a $4.00 monthly service charge. That fee is waived if the account owner is under age 25, age 65 or older, or if the account maintains a minimum daily balance of $300.

  • Statements are issued quarterly
    • Free Online Statements through Digital Banking
    • Paper Statements available
    • Statements may be received monthly when combined to your Checking Account statement
  • Interest is compounded and credited quarterly to the account balance
  • Rates subject to change weekly - Check Current Rates
 
Open a Minor Savings Account
A Minor Savings Account is a simple and effective way to save for a child’s future while teaching smart money habits early.
 
A Custodial account can be opened by a parent or legal guardian for the benefit of a child and is typically set up as a custodial account. Children are encouraged to make deposits, helping them learn the value of saving, while the parent or guardian maintains control over withdrawals.
 
A Joint Savings Account allows a child and a parent or legal guardian to save together while sharing access to the account.
 
It’s a great tool to teach children to save; they provide instant access and can earn interest.
 

Automatic Transfers
Finding it hard to put a little aside to save? Set up an automatic transfer - So simple and so much to gain. Set up an automatic transfer to savings today - Login to Digital Banking and Click Transfers.

Club Savings

Easily accumulate funds every year for a specific purpose - and it doesn't have to be just for Christmas! A down payment on a house, a new car, a dream vacation, a wedding or a college education. Whatever you are saving for, an Alliance Bank Club Savings Account is a convenient way to make sure the job gets done.

You set how much and how often you can save! No Monthly Service Charge.

The account is funded through automatic transfers from your Alliance Bank checking account. You choose the monthly, bi-weekly, or weekly transfer amount and date(s). There's no limit on the number of transfers you set up per month and there's no minimum monthly transfer amount required.

Principal and Interest are paid out annually into your existing Alliance Bank checking account. This account does not close; transfers continue until you let us know you no longer need or want the transfers to take place.

You can watch your savings grow, even alert yourself when a transfer has taken place, all with Digital Banking.

  • Statements are combined to your Checking Account statement and received monthly
  • Interest is compounded and credited at account maturity
  • Penalty for early withdrawal is any accrued interest
  • Rates subject to change weekly - Check Current Rates

Money Market

Our Personal Money Market Account earns interest and officers the liquidity, flexibility and accessibility of a checking account.

Tiered-Interest Bearing Account - The more you save, the more you earn!
  • $250,000 or greater
  • $100,000 - $249,999.99
  • $50,000 - $99,999.99
  • $25,000 - $49,999.99
  • $24,999.99 or less
Rates subject to change weekly - Check Current Rates

  • You can check activity, balances, transfer funds and access your statements with Free Digital Banking
  • Statements are issued monthly
    • Free Online Statements through Digital Banking
    • Paper Statements available are available for $3 per month
  • $10.00 Monthly Service Charge waived by maintaining a minimum daily balance of $5,000 or more in your account
  • Interest is compounded and credited monthly to the account balance

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