Savings and Money Market
Savings Accounts
Frazer Bank offers a variety of Savings accounts that will help you to reach your goals on your terms. Each account has its own unique features and benefits to fit your individual lifestyle and provides what you need when you need it. To learn more, contact us today or visit our office nearest you.
Regular Savings
- Unlimited deposits
- Interest paid quarterly on collected balance over $100
- Quarterly statement; monthly statement when electronic transactions occur
- ATM access
- Free Online Banking
- Monthly maintenance fee of $5 waived when minimum balance of $100 is maintained
- Minimum deposit to open $100
Money Management Savings
- Unlimited deposits
- Write as many as six checks per month
- Quarterly statement; monthly statement when electronic transactions occur
- Monthly maintenance fee of $5 waived when minimum balance of $5,000 is maintained
- Minimum deposit to open $100
Money Market Accounts
When you're looking for a savings account with higher savings rates, but do not want to commit to a certificate of deposit, a money market account may fill the need. Money market accounts earn market rates that are usually higher than a typical savings account and you may make unlimited withdrawals in person. Additional funds may be added at any time so that you can make the most of your money.
- Tiered interest rate
- No minimum balance
- Unlimited in-person withdrawals
- Interest paid monthly on collected balance
- Free Online Banking
- Minimum to open $100
- Monthly maintenance fee of $5 per month if balance falls below $5,000
