Savings Accounts

It's never too early to think about your retirement savings strategy or other financial goals. Whether you're planning for education, retirement, or recreation, the sooner you start laying the groundwork, the more time your money has to grow.

Money Market

A money market account lets you earn a competitive rate of interest while still enjoying easy access to your money.

$2,500 minimum at account opening.  $2,500 ongoing minimum daily balance, otherwise a maintenance fee of $10 applies.  Tiered interest rates on balances of $2,500 or more.  Three free withdrawals allowed per month.  A $5 excess withdrawal fee applies. 

Transaction Limitations:  Transfers from a Personal Money Market account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by check, draft, debit card, or similar order to third parties are limited to six per month. 

Certificate of Deposit

Diversify your portfolio with CDs, a financial service that allows you to choose the amount of time that you want to keep your money at a locked-in guaranteed rate of return through an FDIC insured product (various terms and competitive rates apply).

Individual Retirement Account

We can tailor an IRA product to meet any of your long term financial goals with our flexible IRAs. Whether you need a Traditional or Roth IRA, we'll work with you to ensure that your retirement plan is right for you, and that your funds are invested with your goals in mind (various terms and competitive rates apply).

Health Savings Account

A health savings account can help offset the expense the regular medical bills, medications and doctors' visits of you, your spouse, and your dependents. Anyone can contribute to your HSA including your employer. Your account earnings will grow tax-deferred, and distributions from your HSA are tax-free. Take control of your health care decisions and establish an HSA with Independence National Bank (please consult eligibility requirements).

Regular Savings

A savings plan is an important part of any financial strategy, and a building block for a solid financial future.

$100 minimum at account opening.  $250 ongoing minimum balance, otherwise a maintenance fee of $5 per month applies.  Two free withdrawals allowed per month.  A $1 excess withdrawal fee applies.

Transaction Limitations:  Transfers from a Regular Savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six transactions per month.  There are no transactions allowed by check, draft, debit or similar order to third parties. 

Minor Savings

They're never too young to learn about saving for the future. Help a young person you know open an account today!

$10 minimum at account opening.  No ongoing minimum balance requirement.  Two free withdrawals allowed per month.  A $1 excess withdrawal fee applies. 

Transaction Limitations: Transfers from a Minor Savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six transactions per month. There are no transactions allowed by check, draft, debit or similar order to third parties.

 
NOTE: When opening an account, additional disclosures apply. Please contact your local branch office for further information.