Statement Savings

Teach your children how to save with this account. Statement savings is perfect for showing young minds the value of adding money to savings accounts.

  • No minimum balance is required for those under 18, and all you need to open an account is $100 or more for deposit.
  • Interest is compounded and credited quarterly, and a quarterly statement is issued (monthly if electronic activity).     
  • Products on website are only for accounts which can be opened online, for a full list of products and rates please contact a banker.

Fees:

  • A low balance fee in service charge of $3 per calendar month when the average ledger balance falls below $100 (This service charge is waived for customers under 18 years old).
  • $1 debit fee in service charge per withdrawal over six per month.

Contact our bankers if you’re ready to open a savings account with us.