Personal Savings Accounts
More ways to save your money.
It’s simple—the more money you can set aside, the better the chance you can make that money grow. With a wide variety of options from traditional Statement Savings to Minor Savings accounts, The Piedmont Bank gives you options to keep elevating your personal bottom line when you open savings accounts.
Statement Savings
- $100 minimum to open
- $3.00 monthly maintenance fee
- Unlimited deposits
- Unlimited withdrawals
- Interest is compounded daily, credited quarterly and paid on collected balance
Minor Savings
- For children younger than 18 years of age
- $5.00 minimum to open
- No minimum balance requirement
- Unlimited deposits
- Unlimited withdrawals
- Federal Regulations limit debits to six (6) per month, which include preauthorized withdrawals, debit card transactions, or similar order to third parties. An excess debit fee of $3.00 will be charged for each withdrawal in excess of the six (6).
- Interest is compounded daily, credited quarterly and paid on collected balance
- At age 18, this account will convert to a Statement Savings account
