Elsewhere Bank

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Personal Savings

Start your nest egg.

Save some money for that unexpected purchase. Choose a Personal Savings account or a Money Market deposit account.

Linked Savings

This account links directly to your checking account to allow easy transfer of funds between accounts when overdrawn. A great way to link overdraft protection to your checking account and earn interest in the process.

  • Account includes unlimited over-the-counter cash withdrawals, and transfers to another account as long as they are initiated in person, by mail, or by ATM.
  • No minimum balance to earn interest.
  • No excessive withdrawal fees.
  • $100 minimum opening deposit.
  • Interest is variable, compounded monthly and paid monthly.
  • No monthly maintenance fee.
  • $10 charge for each time funds automatically transfer to cover an overdraft.

Tiered Savings

Earn tiered interest with convenient access to your account.

  • Account includes unlimited over-the-counter cash withdrawals, and transfers to another account as long as they are initiated in person, by mail, or by ATM.
  • No minimum balance to earn interest.
  • No excessive withdrawal fees.
  • $100 minimum opening deposit.
  • Interest is tiered, variable, compounded daily and paid monthly.
  • $5 monthly maintenance fee when minimum daily balance falls below $100.
  • No monthly maintenance fee when the minimum daily balance is maintained.

Money Market Savings

Earn higher interest with convenient access to your account.

  • Account includes unlimited over-the-counter cash withdrawals, and transfers to another account as long as they are initiated in person, by mail, or by ATM.
  • $100 minimum opening deposit.
  • Interest is tiered, variable, compounded monthly and paid monthly.
  • $10 monthly maintenance fee when minimum daily balance falls below $2,500.
  • No monthly maintenance fee when the minimum daily balance is maintained.

High Yield Money Market Savings

Earn tiered interest on daily balances of $25,000 or more with convenient access to your account.

  • Account includes unlimited over-the counter cash withdrawals, and transfers to another account as long as they are initiated in person, by mail, or by ATM.
  • $25,000 minimum daily balance requirement to earn interest. $25,000 minimum opening deposit.
  • Interest is tiered, variable, compounded monthly and paid monthly.
  • $10 monthly maintenance fee when minimum daily balance falls below $2,500.
  • No monthly maintenance fee when minimum daily balance is maintained.
Note
  • Transfers from a Savings or Money Market account to another account or to third parties by preauthorized, automatic, savings overdraft protection, telephone, point-of-sale (“POS”) transactions or computer transfer or by check, draft or similar order to third parties are limited to six per calendar month or statement cycle.
  • If you exceed these limits, we may close the account, impose a fee and/or change the account to a non-interest bearing account if you are not eligible for an interest bearing demand deposit account.
  • The number of deposits into Money Market and Savings accounts are not subject to limitation.
Regulation D allows an unlimited number of the following types of transactions:
  • Transfers and withdrawals made in person at an Elsewhere Bank branch.
  • Transfers and withdrawals made at an Elsewhere Bank ATM.
  • Transfers and withdrawals made by mail.
  • Automatic transfers from a Elsewhere Bank Money Market or Savings account to make a Elsewhere loan payment.