At Bay Bank, we believe it is never too late to save for your future. Our flexible accounts offer low balance requirements and no-hassle transfers, which makes saving easy and affordable. As a community bank, we work with you to understand your needs and offer you the benefits of the personal service you deserve.
All personal savings accounts include:
| Product | Regular Savings | Direct Deposit Savings | Holiday Savings | Money Market |
|---|---|---|---|---|
| Key Features | Bay Bank ATM Card | Direct Deposit Required | Withdrawals allowed in June, November, & December | |
| Bay Bank ATM Card | ||||
| Interest | Interest bearing | Interest bearing | Interest bearing | Competitive interest rates |
| Minimum to Open | $200 Minimum Opening Deposit | $20 Minimum Opening Deposit | $25 Minimum Opening Deposit | $1,000 Minimum Opening Deposit |
| Minimum Balance Requirement | $200 Minimum balance | $20 Minimum balance | $0 | $1,000 Minimum balance |
| Unlimited ATM Transactions at Bay Bank ATMs | Yes | Yes | No | Yes |
| Service Charge | $2 monthly service charge if minimum balance is not maintained | $2 monthly service charge if minimum balance is not maintained | No monthly service charge as long as the account is active | $10 monthly service charge if minimum balance is not maintained |
