Preferred Savings
Preferred Savings Account
High-Yield Savings Account
The perfect choice for high-yield savings for those with Preferred Banking.1
- No quarterly maintenance fee if balance requirements are met2
- Quarterly statements provided
- Higher variable interest rates3
Benefits of the Preferred Savings Account
With a busy and active lifestyle, we know you need a savings account that works as hard as you do.
Unlimited S&T Transactions
Whether in one of our branches or at one of our convenient ATMs, enjoy unlimited transactions.
Third-Party Transactions
Maximum of six third-party transactions permitted per calendar month.
Competitive Rates & Specials
We pride ourselves on our competitive rates. Consider viewing our Special Offers available for your area.
FAQs
Yes, to open a Preferred Savings account, a $50.00 balance is required.
Minimum daily balance of at least $200.
There is a $10 monthly maintenance fee if one of the above balance requirements are not met.
A savings account that offers a higher interest rate than a traditional savings account, helping your money grow faster over time.
It works the same way as a regular savings account – your deposits earn interest, you can make withdrawals, and your funds remain secure, but the key difference is the higher return on your balance.
Yes, rates are variable.
1 Customer must have Preferred Banking in order to qualify for Preferred Savings. One Preferred Savings per Preferred Banking household.
2 $10 quarterly maintenance fee applies if $200 minimum daily balance requirements are not met.
3 This is a variable rate account and your interest rate and Annual Percentage Yield (APY) may change at the Bank’s discretion without prior notice.