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.
- Competitive interest rate
- Access to cash in person 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
- Competitive interest rate
- Checks mailed or deposited in October
Money market account
The more you save, the more you earn.
- Unlimited deposits and withdrawals in person
- A monthly maintenance fee is assessed only if balance falls below $1,000
Excel money market
Rates are adjusted weekly and vary according to balance.
- Unlimited deposits and withdrawals in person
- 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- Contributions and subsequent earnings are tax free when withdrawn to pay for qualified education expenses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
- 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 option 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.
