Secure Savings
Save...Automatically!
Our Secure Savings links with a National Iron Bank checking account to keep your savings goals on track. You set how much you want to save each month and that money is automatically transferred. Save for whatever is important to you - a vacation, a new car, a home, your child's education or a rainy day. Just sit back and watch your funds grow.
Features Content
- Online Banking
- Automatic transfers from your checking account
- Online Budgeting Tools
- eStatements
Current Rates Content
Rates
Effective Date: Saturday, May 27, 2023
Product | Balance Tiers | Annual Percentage Yield (APY) | Simple Interest Rate | Compounding Frequency |
---|---|---|---|---|
Statement Savings | $0.00 - $249.99 | 0.00 | 0.00 | Quarterly |
$250.00 or more | 0.02 | 0.02 | ||
No-Frills Savings | $0.00 - $249.99 | 0.00 | 0.00 | Quarterly |
$250.00 or more | 0.02 | 0.02 | ||
Secure Savings | $0.00 - $249.99 | 0.00 | 0.00 | Quarterly |
$250.00 or more | 0.02 | 0.02 |
Rates Subject to Change Daily and May Change after the Account is Open. Fees may reduce Earnings.
For Current Rates Please Call Your Local Branch
Cornwall 860-672-6623, Norfolk 860-542-5541, Salisbury 860-435-2581, Washington 860-868-0591
Account Requirements
- Paper statement fee may be assessed but can be avoided by enrolling with eStatements
- The account must have at least one internal deposit transfer each month to avoid the monthly service fee.
- Other fees may apply, see our service charges and fees
- Your interest rate and annual percentage yield may change. The minimum to earn interest is $250.00. Fees may reduce earnings
Savings Account Transaction Limitations: Transfers from a Savings account to another account or third parties by preauthorized, automatic, or telephone transfer, or similar order are limited to six per statement cycle.