Hundred dollar bills scattered in a pile

Personal Savings

Springfield State Bank offers statement savings accounts designed for personal use or for your business. A savings account is a great way to save money for a vacation or for a college education all while earning a competitive rate of interest. You can also make saving hassle-free by scheduling automatic deposits from your Springfield State Bank checking account at no additional charge. All of our savings accounts earn interest daily and compound interest on a quarterly basis.

Save money and have over-the-counter access!

  • Minimum to open $100
  • Interest Paid and compounded quarterly. For current rates click here.
  • A service charge of $3.00 will be imposed every calendar quarter if the minimum balance for the calendar quarter falls below $100.00 on any day during the quarter. This fee will not be charged for anyone under 18 years of age.
  • Transaction limitations: You may make six (6) transfers from your account each calendar month or statement cycle of at least four weeks. The six-withdrawal limitation applies to preauthorized withdrawals, automatic or telephone transfers, checks, drafts and debit card or other similar transactions (including POS transactions) made by the depositor and payable to third parties. Transfers or withdrawals made in person, by mail, messenger, at an ATM, to make loan payments to us, or by telephone (provided the check is mailed to the depositor) are unlimited (an excess items service charge may be assessed).
  • Account fees: If withdrawals are in excess of six (6) per month, a $2.00 per item service charge will be assessed.