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Personal Savings

Personal Savings and Certificate of Deposit Options

A minimum opening deposit of $100 is required to open a savings accounts, unless otherwise noted below.

All RiverWood accounts offer:

     FREE ATM Card or Debit Card (checking account required for Debit Card)
     FREE ATM transactions at RiverWood Bank and MoneyPass ATMs
     FREE Online Banking
     FREE Mobile Banking
     FREE automatic transfers from your RiverWood checking account to make savings easier

Account
Name
Monthly
Maintenance Fee
Minimum
Balance
Interest
Bearing
StatementsAdditional
Features
Statement
Savings
$2.00 monthly if
daily ledger balance
is not maintained
$100.00 Yes Quarterly Learn More 
Youth Statement
Savings
 
None None Yes Quarterly Learn More 
Consumer
Money Market
Savings
 
$20.00 monthly if
daily ledger balance
is not maintained
$2,500.00

Yes

Monthly Learn More 
Reward Money
Market Savings
 
$20.00 monthly if
daily ledger balance
is not maintained
$2,500.00 and
must have
Reward Checking
Yes Monthly Learn More 
Certificates of
Deposit (CDs)
None $500.00 Yes Based on
maturity
Learn More
Health Savings
Account
 
$2.00 monthly if
daily ledger balance
is not maintained or
with Employer Plan
$500.00 Yes Monthly Learn More

 

Consumer Statement Savings

An affordable basic savings plan.

Youth Statement Savings

A savings plan designed to make it easy for youth to start saving.

Consumer Money Market Savings

A competitive, tiered interest rate account designed for customers with higher balances.

Reward Money Market Savings

An exclusive tiered rate account that pays bonus rates for our Reward Checking customers.

Certificates of Deposit (CDs)

A longer term savings option, with competitive fixed rates on time deposits from 91 days to 60 months.

Health Savings Accounts (HSAs)

An interest bearing checking account with tax benefits for individuals covered by high deductible health plans.

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1  You may not make more than six transfers by check, electronic check, draft, debit card (if applicable), bill pay, or other payment order to third party as well as transfers out by telephone, internet or through an automated clearing house.  The bank reserves the right to close the savings/money market account if the transfer limitations described above are exceeded.