Savings Accounts



Statement Savings Account

Our Statement Savings Account offers you a convenient way to save. With your statement savings account, you will receive a monthly statement so that you can easily monitor the transactions you’ve completed and the interest you’ve earned each month.

 
Features:

  • Open this account with as little as $25.
  • No fee if you maintain a daily balance of just $50.
  • Interest is compounded daily and credited on a monthly basis.
  • Minimum daily balance of $100 to obtain the annual percentage yield.
  • The account is limited to 6 electronic debit transactions per statement cycle using any of these services, overdraft protection, telephone transfers, ACH transactions, and online/mobile transfers.
  • This account can be used as collateral for a Share Loan.

Money Market Demand Account

Our Money Market Demand Account offers you a savings account with limited check writing privileges. With your MMDA, you will receive a monthly statement that will include images of any checks you have written.

 
Features:

  • An initial deposit of $1,000 to open this account.
  • No fee if you maintain a daily balance of $2,000.
  • Interest is compounded and credited on a monthly basis.
  • Limited check writing ability with minimum check amount of $100.
  • Minimum daily balance of $2,000 to obtain the annual percentage yield.
  • The account is limited to 6 debit transactions per statement cycle using any of these services, overdraft protection, telephone transfers, ACH transactions, debit card, online/mobile transfers, and checks.

Premium Money Market Demand Account

Our Premium Money Market Demand Account, just like our MMDA, offers you a savings account with limited check writing privileges. However, the interest rate is tiered depending on your balance. With your Premium MMDA, you will receive a monthly statement that will include images of any checks you have written.

Features:

  • An initial deposit of $10,000 to open this account.
  • No fee if you maintain a daily balance of $10,000.
  • The interest rate paid is based on the daily balance and will be compounded and credited on a monthly basis.

 

Rate Tiers:
$10,000 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 and Over

 

  • Limited check writing ability with minimum check amount of $100.
  • Minimum daily balance of $10,000 to obtain the annual percentage yield.
  • The account is limited to 6 debit transactions per statement cycle using any of these services, overdraft protection, telephone transfers, ACH transactions, debit card, online/mobile transfers, and checks.

Christmas Club Account

Our Christmas Club Account is a great way to save money for the holidays.

 
Features:

  • Open this account with as little as $10.
  • Minimum daily balance of $0.01 to obtain the annual percentage yield.
  • Annual statement generated as of December 31st.
  • Account will mature in October.
  • At maturity, account balance can be issued in a check or transferred to another deposit account.
  • Option to receive account activity monthly if combined with a monthly statement account.
  • Account will remain open by making a deposit before the end of the first quarter.

WE'VE STOOD THE TEST OF TIME

Since 1899, Hancock County Savings Bank has stayed the course as an Independent Locally Managed Bank.

The state-chartered Hancock County Building and Loan Association was founded on December 31, 1899; and it granted its first mortgage loan in the amount of...
View All