Personal Savings

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

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 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
  • Download the HSA Check Card Application

Once you receive your new HSA Check Card, you may activate it by calling 1-877-965-3344, 24 hours a day or visit any Independence Bank ATM to complete a transaction or balance inquiry. You can also visit any Independence Bank location to activate your card during normal banking hours. Personal Identification Number (PIN) changes to your new or existing HSA Check Card can also be made by calling 1-877-965-3344, 24 hours a day or by visiting any Independence Bank location during normal banking hours.

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 calendar month
  • Interest compounded and credited quarterly

Round Up Savings

Make saving automatic! When you enroll in our Round Up Savings program, your transaction total will round up to the nearest dollar every time you swipe your debit card, automatically depositing the extra change into an Independence Bank savings account. Save for vacation, build an emergency fund or donate your savings to your favorite charity. Businesses that make frequent purchases are also eligible to enroll. Use the extra cents as an employee Christmas fund or toward your charitable giving budget. Enroll today by logging into Digital Banking and filling out the Round Up Savings form under Messages or call or visit your nearest Independence Bank location.