Saving money isn’t always easy. But we designed this account to make it as simple as possible.
BENEFITS YOU'LL LOVE
Build your balance.
Without breaking a sweat. We made it easy to earn interest. All you have to do is maintain a daily balance of $10 or more in the account each day of the monthly statement cycle. That’s it.
Make your account free.
Choose one of two simple ways to waive the low monthly charge. Either maintain a $200 minimum balance. Or set up a recurring monthly direct deposit.
Your money — at your fingertips.
On the Go Banking2 gives you anytime account access. Deposit checks in a snap. Save the easy way with automatic transfers. Track your progress with Money Management2.
Always have cash on hand.
Access 55,000+ surcharge-free3 ATMs across the country with the Allpoint® network. Find Allpoint ATMs near you with the online locator. Or just look for the Allpoint logo.
- Earn competitive interest when you maintain a minimum balance of $10 or more each day of the monthly statement cycle
- Avoid the $3 monthly maintenance service charge by doing one of the following:
- Maintain a $200 minimum daily balance during the monthly statement cycle
- Maintain a monthly recurring direct deposit
- $10 minimum deposit to open
How can I open an account?
You can open an account online or visit one of our convenient branch locations.
Do you offer other types of Savings Accounts?
Yes, we have several different savings account types — so you can choose the one that fits your specific needs. A full list of our savings products can be found on our Savings page.
Where can I view my savings account number?
To view your full savings account number, all you have to do is log in to Online Banking and follow the steps below:
- Go to “My Accounts”
- Hover over the desired savings account and click
- Click on “Account Details” and your account number will appear
How do I transfer funds?
You can conveniently transfer money between your CSB checking & savings accounts through Online Banking, Mobile Banking or at one of our branches.
When will I begin to earn interest on my savings account?
You will begin to earn interest on the day of your deposit and interest is compounded daily and credited to your account on the last day of the month.
What is the difference between a Savings Account and a Certificate of Deposit?
A savings account lets you access your funds when you want. You can make deposits and withdrawals anytime. CDs however, are term deposits, so funds are locked up for a specific amount of time. Savings accounts are generally a variable rate account and can change, while the yield on a CD is fixed for the term.
Is my balance insured?
Yes, Clinton Savings Bank offers both Federal Deposit Insurance Corporation (FDIC) and Depositors Insurance Fund (DIF) to protect your deposits. FDIC covers up to $250,000 in deposits per account owner/ownership category. This means individual accounts and joint accounts at insured institutions can each receive $250,000 of insurance with a common account owner. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF).
1Annual Percentage Yield (APY) of 0.02%. Current rate is effective 9/30/2024. We may change the interest rate and APY at any time after the account is opened. Balances calculated using the Daily Balance method and interest is based on your daily average balance, compounded daily and paid monthly. $10 minimum balance in the account is needed each day to obtain APY. Fees may reduce earnings. Minimum deposit of $10 required to open. A $5 monthly maintenance service charge will be assessed every statement cycle if the daily balance falls below $200 on any day of the statement cycle and a monthly recurring direct deposit is not made into the account during the statement cycle.
2Clinton Savings Bank does not charge a fee; however, standard data rates may apply from wireless provider.
3Look for the Allpoint logo to ensure your transaction will be surcharge-free.
Statement Savings IRA Account is also available. Contact us for details.