Personal Savings, CDs & IRAs

At Providence Bank, we can help you find the best way to save.

 

Savings Accounts

Star Savings

  • $100 minimum opening deposit
  • Interest is calculated and compounded daily on the collected balance and credited to your account quarterly. No minimum balance required to earn interest
  • $3 monthly Service Charge
  • Service Charge can be avoided by maintaining a $100 minimum daily ledger balance
  • Two (2) free withdrawals per month, $5.00 thereafter
  • Transaction limitations apply to avoid additional maintenance fee
  • Statements mailed quarterly

First Star Savings

(Under 18; requires guardian as a co-owner)

  • No minimum opening deposit
  • Interest is calculated and compounded daily on the collected balance and credited to your account quarterly.  No minimum balance required to earn interest
  • No monthly service charge
  • Two (2) free withdrawals per month, $5.00 thereafter
  • Transaction limitations apply to avoid service charge
  • Statement mailed quarterly

We want to be sure you choose the right account for your specific needs! We an option that fits into every lifestyle. View our accounts in a comparison chart.

Online Solutions

We also offer the latest in mobile and secure online banking solutions.  Get 24/7 access to your accounts with our free Online and Mobile Banking options.

View Online Options

 

Trust & Loyalty

Let us show you what it feels like to bank with people you know and trust. We value your loyalty as a Providence Bank customer and ask you to share your banking experience with your friends and family.

 

 

Certificates of Deposit

  • $500 minimum deposit to open account
  • Available in a variety of maturities
  • Interest compounded daily
  • Substantial penalty for early withdrawal

Individual Retirement Account

  • $500 minimum deposit to open account
  • Available in a variety of maturities
  • Interest compounded daily
  • Substantial penalty for early withdrawal

 Please contact your bank representative for more information

 

Savings Accounts Comparison Chart

AccountStar SavingsFirst Star Savings*CDs & IRAs
Minimum to Open $100 No minimum opening deposit $500
Calculated Interest Compounded daily and credited quarterly Compounded daily and credited quarterly Compounded Daily
Service Charge $3 monthly if balance below $100** No monthly service charge Substantial penalty for early withdrawal
Statements Mailed Quarterly Mailed quarterly N/A
Other Features
  • Two (2) free withdrawals/month, $5 thereafter
  • Two (2) free withdrawals/month, $5 thereafter
  • Available in a variety of maturities

*Under 18; requires guardian as a co-owner 

**Transaction limitations apply

 

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