| Opening Deposit | Min. Bal. Requirement | Earn Interest? | Special Features | |
|---|---|---|---|---|
| Minor Savings | $20 | $20 | Yes |
Up to age 21
|
| Adult Savings | $200 | $200 | Yes | Age 21+ |
| Christmas Club | $5 | $5 | Yes |
Check for full balance
mailed each October
|
| Money Market | $25,000 | $25,000 | Tiered Rates | N/A |
Savings Accounts
It’s never too early to begin saving for tomorrow. We want to help you stash for your next big adventure. BSB offers options for savings accounts that will fit the type of savings strategy that you’re going for. We even have a special savings account where you can put away money weekly for Christmas! So whether you’re saving for that once-in-a-lifetime trip or just because, penny by penny we’re here to help.
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Minor Savings
Learning to save is one of the best lessons we can give our children. Start them out young by teaching them patience while they experience the thrill of having earned that brand new toy. With a Minor Savings account at Bippus State Bank, anyone under 21 can earn interest on the money that they put away little by little. After all, it's never too early to start saving.
- UTMA/UGMA Account
- Unlimited deposits
- Under 21 years of age
- $20 minimum balance requirement
- $20 opening deposit required
- Interest compounded quarterly
- Limited to six withdrawals per month
- Free online banking with eStatements
- Free mobile banking featuring mobile deposit
- Free telephone banking
Adult Savings
The financially sound save. Whether it’s an emergency stockpile or a rainy day fund, it’s always a good idea to have some extra dough to tap into when you need it. An Adult Savings account at BSB allows you to build your savings at your own pace, whether you're planning for a few months down the road or even a few decades.
- Unlimited deposits
- Age 21 and over
- $200 minimum balance requirement
- $200 opening deposit required
- Interest compounded quarterly
- Limited to six withdrawals per month
- Free online banking with eStatements
- Free mobile banking with mobile deposit
- Free telephone banking
Christmas Club
When your credit card bill comes in January, won’t you wish that you had saved a little money along the way to put towards the holidays? Our Christmas Club account takes the guesswork out of saving for those big ticket items. Make regular weekly deposits throughout the year, and then in October, we’ll mail you a check for the full balance. You’ll have all that extra cash you saved just in time for shopping those holiday sales!
- Unlimited deposits
- $5 opening deposit required
- Earns interest
- Check for the amount deposited plus the interest earnings mailed each October
- Free online banking with eStatements
- Free mobile banking featuring mobile deposit
- Free telephone banking
Money Market
Looking for a flexible account that allows you to earn interest at a higher rate, but still allows you the luxury of accessing it in a pinch? Look no further than our Money Market account. Based on the tiers below your money will earn extra interest without being locked up in a long-term account.
- Tiered balance interest earnings:
- Tier 1 - $0 to $9,999.99
- Tier 2 - $10,000 to $24,999.99
- Tier 3 - $25,000 to $49,999.99
- Tier 4 - $50,000 to $74,999.99
- Tier 5 - $75,000 to $99,999.99
- Tier 6 - $100,000 to $249,999.99
- Tier 7 - $250,000 and greater
- Interest compounded monthly
- Limited to six withdrawals per month
- Minimum balance fee for balances below $25,000 on any day of the month is $20 for that month
- Free custom wallet checks provided
- Free online banking with bill pay and eStatements
- Free mobile banking featuring mobile deposit
- Free telephone banking