Savings
From simple to sophisticated savings instruments, there’s an account that’s sure to fit you.
Eagle savings account
Our competitive rate makes saving easy.
- A quarterly maintenance fee is assessed only if balance falls below $100. Ask how you can get the maintenance fee waived
- Competitive interest rate
- Unlimited access to cash in person, via mail or ATM
Swift! savings account
Learning to save at an early age is important.
- Earns interest
- No minimum balance/no fees for children under 18
Holiday Savers account
We’ll help you save for holiday expenses.
- Make payments in any amount
- Earn a competitive interest rate
- Checks mailed or deposited in November
Money market account
The more you save, the more you earn.
- Unlimited deposits and withdrawals in person or via mail
- A monthly maintenance fee is assessed only if balance falls below $999
Excel money market
Rates are adjusted weekly and vary according to balance.
- Unlimited deposits and withdrawals in person or via mail
- A monthly maintenance fee is assessed only if balance falls below $10,000
Certificate of deposit (CD)
We offer a variety of rates and terms on CDs.
- Invest your money for a length of time that is appropriate for you
- Interest rate is guaranteed for the term of your certificate
- A CD can be opened with just $500
Individual retirement account (IRA)
Start planning for your retirement today.
- Traditional and Roth IRAs (fixed or contributory)
- The interest you earn may be tax deferred
- Your contribution may be tax deductible
- Choose your own investment and term
Education savings account
A Coverdell Education Savings account can help you
pay for your child’s education.
- Allows total after-tax contributions of $2,000 per
year for each child under 18 - Contributions and subsequent earnings are tax
free when withdrawn to pay for qualified education
expenses - Qualified expenses include tuition, fees, books,
supplies and equipment for students in grades K-12
and college
Health savings account (HSA)
A Health savings account (HSA) is a special account
owned by an individual like an individual retirement
account (IRA) except that the funds are used to pay for
current and future health care costs on a tax-free basis.
The HSA is used in combination with a high deductible
health insurance plan (HDHP).
- Interest-bearing account
- Funds are permanent and portable
- Debit card allows for convenient access to funds
Free is here
Learn more about our personal checking accounts, including free checking account options.
Note: Please refer to our schedule of service(s) and fees
for complete information. Some restrictions apply. Includes transfers made online with other Independent Bank accounts. Consult your tax advisor for details.