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Everybody should set aside something for the extras … saving for education, a new car, rainy day fund or future retirement!
Having a ready source of cash for the unexpected and saving on a regular basis is the smart thing to do.

Contact a local Banking Professional today for more information about our deposit products!

Contact a Banking Professional
Everyday Savings Solutions

Everyday Savings Solutions

Statement Savings

  • $50 minimum to open
  • ATM and online banking access
  • Available direct deposit and automatic withdrawals
  • A basic way to save for future needs
  • Click here to see rates
  • Open your account online!
Open Now

Holiday Club

  • $10 minimum to open
  • No monthly service fee
  • To open a Holiday Club account, stop by your nearest branch!
Branch Locations

Big Bucks Children's Savings

  • For kids up to age 12
  • Open with any amount
  • No monthly service fee
  • To open a Big Bucks Children's Savings account, stop by your nearest branch!
Branch Locations

Student Savers

  • For youth ages 13-18
  • $10 minimum to open
  • No monthly service fee
  • ATM and online banking access (with parental controls)
  • To open a Student Savers account, stop by your nearest branch!
Branch Locations

Switch your savings account to Home Savings!

Learn how easy it is to switch your savings account to Home Savings and download the forms you need to get started.

Higher Yield Savings

Higher Yield Savings

Platinum Savings

  • $5,000 minimum to open
  • Earn interest regardless of balance
  • Tiered interest earning structure
  • To open a Platinum Savings account, stop by your nearest branch!
Branch Locations

Money Market

  • Tiered interest earnings based on account balance.
  • $10,000 minimum to open.
Open Now

Other Money Market terms & rates available!
Call your local branch or Customer Care for more information.

Money Market Tier*Annual Percentage
Yield
Interest
Rate
Minimum Balance
to Open
Minimum Balance
to Obtain APY
Compound
Frequency
$100,000 and Up 0.25% 0.250% $10,000 $100,000 Monthly
$50,000.00 - $99,999.99 0.15% 0.150% $10,000 $50,000 Monthly
$25,000.00 - $49,999.99 0.05% 0.050% $10,000 $25,000 Monthly
$10,000.00 - $24,999.99 0.01% 0.010% $10,000 $10,000 Monthly
$0.01 - $9,999.99 0.00% 0.000% $10,000 $0 N/A
* Monthly maintenance fee of $10 will apply if the daily balance drops below $10,000.  Federal transaction limits apply (six per statement cycle).  Transaction fee of $10 per each debit transaction in excess of this limit.  Fees could reduce earnings.
CDs & IRAs

CDs & IRAs

Certificates of Deposit (CD)

CDs are the easiest way to save if you don't need immediate access to your money. They usually pay you a higher interest rate than a traditional savings or money market account and, generally, the longer the term that you invest for, the higher the interest rate.

18-Month CD

  • $500 minimum balance to open
  • Tiered interest earnings based on account balance
  • Open your account online!
Open Now

36-Month CD

  • $500 minimum balance to open
  • Tiered interest earnings based on account balance
  • Open your account online!
Open Now

Jumbo CD

  • Negotiated rates and terms for specialized savings goals
  • To open a Jumbo CD, stop by your nearest branch!
Branch Locations

Other CD terms & rates available!
Call your local branch or Customer Care for more information.

CD Account TypeAnnual Percentage
Yield
Interest
Rate
Minimum Balance
to Open
Minimum Balance
to Obtain APY
Compound
Frequency
28 Day 0.05% 0.050% $500 $500 Maturity
91 Day 0.05% 0.050% $500 $500 Maturity
6 Months 0.10% 0.100% $500 $500 Maturity
12 Months 0.20% 0.200% $500 $500 Quarterly
18 Months 0.25% 0.250% $500 $500 Quarterly
36 Months 0.50% 0.499% $500 $500 Quarterly
60 Months 1.00% 0.996% $500 $500 Quarterly

Individual Retirement Accounts (IRAs)

No matter how near or far you are from retiring, the tax deferral advantages of an IRA may help you achieve your goals! Finding a good home for your retirement savings has never been more important. Whether you plan to roll over a 401k or you’re just starting to save for retirement, Home Savings has the right option for you.

Traditional IRA

Secure growth for your financial future. The Traditional Individual Retirement Account (IRA) allows you to invest in a Home Savings Certificate of Deposit (CD). The Traditional IRA also gives you more flexibility, is more accessible than most employer retirement plans, and provides the following benefits:

  • Deduct contributions on your tax return if you qualify1
  • Pay no taxes on contributions and/or earnings until you make a withdrawal
  • $100 minimum to open
  • Terms from 12 – 72 months
  • To open a Traditional IRA account, stop by your nearest branch!
Branch Locations

Roth IRA

Build your nest egg! The Roth Individual Retirement Account (IRA) allows you to invest your after-tax dollars into a Home Savings Certificate of Deposit (CD), giving you the freedom to:

  • Withdraw your contributions2 tax-free and IRS penalty-free at any time for any reason
  • Withdraw your earnings tax-free and IRS penalty-free after you’ve had your account for five years and you are 59½ years old - or meet certain other requirements3
  • $100 minimum to open
  • Terms from 12 – 72 months
  • To open a Roth IRA account, stop by your nearest branch!
Branch Locations

Education Savings Account (ESA)

  • $100 minimum to open
  • Terms from 12 – 72 months
  • To open an ESA account, stop by your nearest branch!
Branch Locations
1Qualifications are based on participation in an employer-sponsored retirement plan and Modified Adjusted Gross Income (MAGI) limits.
2Contributions are not tax-deductible.
3Other requirements may include death, disability or first home purchase.
Health Savings Accounts (HSA)

Health Savings Accounts (HSA)

Health Savings Account (HSA)

  • $50 minimum to open
  • Make deposits ongoing
  • Free debit card, plus Mobile and Online Banking access*
  • To open an HSA account, stop by your nearest branch!
Branch Locations
*Message and data rates may apply; check with your wireless carrier.

What is an HSA?

An HSA is a smart way to save for your medical expenses. And there are no account set-up or monthly maintenance fees!
It’s a tax-advantaged account used to pay for current and future qualified medical expenses.

Who is eligible for an HSA?

If you meet all of the following guidelines, you qualify for an HSA:

  • Covered by a high-deductible health plan (HDHP)
  • Not enrolled in Medicare
  • Not covered by other health insurance
  • Cannot be claimed as a dependent on someone else’s tax return

Why is Home Savings’ HSA a good value?

  • Earns a competitive interest rate
  • Debit card and checks for cash access and medical payments
  • Just $50 to open
  • No monthly service fee

What are the benefits of owning an HSA?

  • Tax savings* – Tax deductions for account contributions, tax-free earnings on your investment and tax-free
    withdrawals for qualified medical expenses.
  • Flexibility – You can use the funds in your account to pay for current medical expenses, including expenses that your insurance may not cover, or save the money in your account for future needs.
  • Portability – Accounts are completely portable, meaning you can keep your HSA even if you change jobs, marital status or medical coverage, become unemployed or move to another state.
  • Ownership – Funds remain in the account from year to year, just like an IRA. There are no “use it or lose it” rules for HSAs.

Why should I choose a Home Savings HSA?

  • Expertise –  Our employees are thoroughly trained on HSAs so they can guide you and answer your questions.
  • Earnings – Your contributions will earn a competitive rate based on your account balance.
  • Easy to use – We will give you a debit card specifically for your HSA, so you can easily track and pay your health care expenses.
*Consult a tax advisor.

   Contact a Banker

Fill out this brief form, and a qualified Home Savings banker will contact you within one business day to answer your questions.

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