Savings

At The State Bank of Townsend, we make saving easy for you!

Gold Savings
-  Minimum opening balance of $50
-  Interest is paid at the Gold savings rate

Platinum Savings
-  Minimum opening balance of $2,500
-  Interest is paid on your average daily balance (ADB) If your ADB
   is $2,500 or less, interest is paid at our Gold savings rate
-  If your ADB is more than $2,500 but less than $10,000, interest is
   paid at our Platinum savings rate
-  If your ADB is $10,000 or more, interest is paid at our Platinum
   Plus savings rate

Premium Money Market Savings
-  Minimum opening balance of $1,000
-  Competitive tiered rate of interest
-  Highest interest rate of our savings products
-  Monthly activity statement
-  You may write up to three checks per month