Personal Savings Accounts
Account Type
Features and Benefits
Minimum Balance and Fees

Statement Savings

 

Flexibility with your funds - plus ATM accessibility!

Unlimited deposits and withdrawals.*

Free ATM transactions at Marblehead Bank locations.

Available for Direct Deposit.

 

*Limit of 6 pre-authorized transfers, telephone transfers, online banking transfers, wires, and sweeps from account per statement period.

No minimum balance

No monthly fee

Variable interest rate, subject to change, compounded monthly.

$10.00 minimum to open

$2.00 foreign ATM fee1.

 


Passbook Savings

 

Flexibility with your funds.

Unlimited deposits and withdrawals.*

 

*Limit of 6 pre-authorized transfers, telephone transfers, online banking transfers, wires, and sweeps from account per statement period.

No minimum balance

No monthly fee

Variable interest rate, subject to change, compounded monthly.

$10.00 minimum to open


1. Some banks may charge an additional fee (surcharge) for use of their ATMs.

All new accounts are verified through ChexSystems™.

 
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