Personal · Savings
Money market for a larger reserve, statement or passbook savings for the habit, and a Holiday Club when the season should not sneak up on you.
A higher rate, still liquid.
Tiered money market with check access. The $10 monthly fee is waived with a $2,500 balance.
The classic place to set money aside.
Statement savings with a $7.50 monthly fee, waived when you keep $250 on deposit.
A record you can hold.
Passbook savings for customers who want a printed record of every deposit and withdrawal. $5 monthly fee.
Save a little each week for the season.
A club account with a weekly or monthly transfer of $5, $10, or $20. Funds distribute before the holidays.
| Money Market | Statement Savings | Passbook Savings | Holiday Club | |
|---|---|---|---|---|
| Monthly fee | $10 | $7.50 | $5 | $0 |
| Fee waiver | $2,500 minimum daily balance | $250 minimum daily balance | — | — |
| Interest | Tiered APY — see Rates | Yes — see Rates | Yes — see Rates | Yes — see Rates |
| Access | Limited check writing | — | — | — |
| Best for | Reserve cash | An emergency fund | In-branch savers | Planned seasonal spending |
| Statements | — | Monthly, or eStatement | — | — |
| Record | — | — | Passbook presented at the branch | — |
| Digital | — | — | Balance also visible in online banking | — |
| Transfer amount | — | — | — | $5, $10, or $20 |
| Distribution | — | — | — | Annual, ahead of the holidays |
Fees may reduce earnings. Transaction limits follow the account agreement and Regulation D history as implemented by NECB.