Deposit Rates | Presence Bank

Savings Deposit Rates

Your savings account is more than just your money. It’s your future. Because we understand the importance of this financial resource, the professionals at Presence Bank provide high-quality savings accounts that align with your needs. We offer savings accounts with competitive deposit rates to propel you toward your objectives.

Our Savings Account Rates and Annual Percentage Yields

Deposit rates used for savings accounts are synonymous with interest rates. These percentages are calculated by the supply and demand for loans and credit within the free market, which means they are subject to changes throughout the year.

At Presence Bank, we offer numerous types of savings accounts with various deposit rates so you can choose the product that makes the most sense for your situation. Each account type works differently and comes with different rates:

Savings

Money Market

CDs

Kids Savings

Savings

You can acquire a traditional Savings account with a minimum deposit of $100 to secure a rate of .05%. Deposit amounts over $25,000 are given a .20% interest rate.

Learn More

Money Market

While we offer a variety of Money Market accounts, our standard offering requires a $2,500 deposit to obtain a .15% rate and APY. We’ve created numerous tiers to provide higher rates with the more you deposit.

Learn More

CDs

At Presence Bank, we supply CDs ranging in term lengths from six to 84 months. With a minimum deposit of $250, you’ll secure a rate anywhere from .65% to 4.789% depending on the term length you select.

Open an Account

Kids Savings

Our Kids Savings accounts offer .10% deposit rates and APY percentages to help your children prepare for their future and develop positive financial habits. This option requires a $10 deposit to get started.

Learn More

Make the Most of Your Savings With Presence Bank

Simplify the way you plan for the future with premium solutions from Presence Bank. We’ve been a part of the financial industry for over 100 years, growing out of a passion to help communities accomplish their goals. Our years of expertise have allowed us to design services and products that make sense for a variety of circumstances.

Open Your Savings Account Today

At Presence Bank, we care about your future. Our banking specialists will leverage decades of knowledge to pair you with a savings account that aligns with your financial needs and goals. We take pride in supplying our clients with the value they deserve in a long-term banking partner.

Ready to watch your savings grow with our advantageous deposit rates? Contact our team online to learn more about our services or to open an account today.

Presence with Purpose.