Save now for the important things in life. We have several savings accounts to help fit your needs and reach your goals.
|Minimum Opening Deposit||$100|
|Quarterly Service Charge||$5|
|Minimum Balance to Avoid Service Charge||$25|
|Quarterly Withdrawal/Debit Fee||
First 9 Free**
**Federal Regulation D (Reg D) limits withdrawals or transfers from savings and money market accounts to six (6) per monthly statement cycle. If you exceed the federal limits on withdrawals, you will be notified and your account may be converted to another type of account.
RCB Bank limits the number of withdrawals or transfers from savings and money market account to 9 each quarter for service charge purposes. After 9 withdrawals have been made from your savings or money market account in a calendar quarter a $10.00 service fee will be charged per transaction.
The following types of withdrawals and transfers are included in the Federal Reg D limit: automatic or preauthorized transfers, telephone transfers, Online and Mobile Banking transfers or payments or, if checks or debit cards are allowed on the account, check, draft and point-of-sale transactions (not all-inclusive).
Annual Percentage Yield (APY) accurate as of 7/1/2017 and subject to change at the bank's discretion. Rate may change after the account is opened. Fees could reduce the earnings on the account.
RCB Bank offers Health Savings Accounts (HSA), which are a tax-deferred savings option for individuals with high deductible health plans. Also, Coverdell Education Savings Accounts (CESA) allow for after-tax contributions (limited to $2,000/year per child) to be withdrawn along with subsequent earnings (tax free) to pay for qualified education expenses.