Personal Savings

At Independent Bank, we’re here to help you save both time and money. Our products and people will help you do just that.

Service charge & minimum balance

Interest

Deposits & withdrawls

FREE ATM card, Independent Mobile app & text banking w/valid ATM or debit card

Eagle savings account

Our competitive interest rate makes saving easy.

Open an Account Now

NONE with a minimum daily balance of $300 or combined account statements

or $10 / quarter service charge

Competitive Interest Rate

Unlimited ATM or in person

Included

Swift! savings account

Learn to save at an early age with our under-18 account – learn more.

NONE if primary account holder is under 18

or $10 / quarter service charge

Competitive Interest Rate

Unlimited ATM or in person

Included

Holiday Savers account

We’ll help you save throughout the year for holiday expenses. Make deposits in person or set up automatic transfers or deposits. Checks are mailed or deposited in October.

NONE if ending balance is at minimum $100

or $10 /service charge when we distribute your funds

Competitive Interest Rate

Unlimited in person

Money market account

The more you save, the more you earn.

Open an Account Now

NONE with a minimum daily balance of $1,000

or $10 / month service charge

Tiered interest rate based on account balance

Unlimited in person

Limited check writing privileges

Included

Excel money market

Rates are adjusted weekly and vary according to balance.

NONE with a minimum daily balance of $10,000

or $15 / month service charge

Tiered interest rate based on account balance

Unlimited in person

Limited check writing privileges

Included

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

Open an Account Now

Click here to review a complete list of account disclosures and terms and conditions regarding opening an account online.

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. It is similar to 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
  • Independent Bank debit card allows for convenient access to funds
  • If your HSA balance is greater than $2,500, you can invest a portion of your HSA dollars into mutual funds through a brokerage account, call IFIS at 800.300.0459 for additional information

Choose the account that's right for you!

Learn more about our personal checking accounts, including our free checking account and competitive interest options.

Note: Please refer to our schedule of service(s) and fee(s) for complete information. Some restrictions apply.
*Includes transfers made online with other Independent Bank accounts.
**Consult your tax advisor for details.