SAVINGS ACCOUNTS Let Hancock County Savings Bank help you save for what you want need.

SAVINGS QUICK LINKS

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 (MMDA) 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 Money Market Demand Account (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.

RELATED SERVICES

Checking Accounts

Individual Retirement Accounts - IRAs

Certificates of Deposit

Deposit Rates

Additional Services