Personal Savings

We make it easy to reach your long-term investment or short-term savings goals. Independence Bank offers a variety of savings accounts that give you access to your accounts via our online banking service.

Statement Savings

  • Up to six free withdrawals per quarter to avoid fees
  • $50.00 minimum deposit required to open an account
  • Interest compounded and credited quarterly
  • $5.00 fee if balance falls below $50.00 during the quarter

Vacation Club/Christmas Club

  • $10.00 minimum deposit required to open an account
  • Variable deposit amounts allowed
  • Interest compounded and credited annually
  • $25.00 fee for closing account or making a withdrawal before maturity
  • Paid out annually by check or direct deposit

Health Savings Account

  • $50.00 minimum deposit required to open an account
  • Interest compounded and credited monthly
  • Tiered rate based on account balance
  • Contact Independence Bank today for current rates, terms and conditions
  • Some restrictions may apply

Little Patriots Savings Club

The Little Patriots Savings Club is a fun and educational way to teach your children about saving, investing, spending and giving back to the community. Signing your children up to be Little Patriots is a great first step toward enhancing their financial knowledge and independence.

  • $10 minimum opening deposit
  • Independence Bank will contribute $7.76 to make the opening balance $17.76
  • No minimum balance required
  • No monthly or quarterly service charge
  • Up to six withdrawals per quarter to avoid fees
  • Interest compounded and credited quarterly