Internet Explorer 11 is outdated. For improved security and optimized performance we highly recommend upgrading your browser. ChromeFirefoxEdge

Personal Savings

Safe, accessible, and made with you in mind-- our savings accounts can help you build on the wealth you've created.

Great Ways to Save

Hearthside Bank has savings solutions for the whole family.

Not sure which account is right for you?

One of our Personal Bankers can help you determine which account is right for you.

Visit a Branch Today Request Account Info

Statement Savings Account

Putting money aside for whatever life throws your way has never been easier.

  • Minimum opening balance of $25
  • To avoid the monthly maintenance fee, you must maintain a minimum balance of $100 or have a combined total relationship with loans and deposits over $5,000 by the beginning of the third monthly cycle of account opening. Fees may reduce earnings.

Junior Savings Account

Designed with kids in mind, this account helps your child learn the fundamentals of saving.

Hearthside Bank aims to make banking accessible to everyone. Our Junior Savings account is designed to teach kids the importance of saving, so they can watch their savings grow. Upon opening an account, you receive:

  • An ID card and membership certificate
  • Special mailings, events, and surprises
  • An opportunity to see their savings grow

Time Deposit (TD) Account

A Better Way to Save

Earn a higher interest rate on your savings with one of our Time Deposit (TD) accounts.

Time Deposits are great for anyone who wants to set aside money for a specified period. Standard terms range from 91 days to 5 years. Our TDs are set up to renew automatically at the current rate unless the account holder decides to redeem or transfer. In the event of early withdrawals, an interest penalty may be assessed.

Easy Access Account

Perfect for anyone who wants the benefit of a TD and the ability to access your capital like a savings account.

After an initial deposit of $2,500 (minimum opening balance) you can deposit up to an additional $100,000 in your account at any time during the term of the account. The account will renew automatically at maturity at the current rate of interest.

Educational TD Account

With an opening deposit of $500, you can start saving for tuition fees.

Open an Educational TD account with a minimum opening deposit of $500 and contribute anytime. This account was designed as a five year variable rate time deposit. However, if your child is ready to enter college in less than the five year term, funds may be withdrawn without a penalty at the time needed.

Start planning with our Calculators

Use our calculators to see how much you can earn and watch your investments grow.

Explore Calculators

 

Health Savings Accounts

Pay for qualified medical expenses with this tax-exempt account.

Our HSA is meant to work with your high deductible healthcare plan to set aside funds for qualifying medical expenses. Best of all, Hearthside Bank's HSA allows you to carry over funds year to year so that you won't lose unused money.

Features

  • Immediate access to funds on your HSA debit card
  • Annual rollover of unused funds
  • Online bill pay
  • Paperless eStatements

Individual Retirement Accounts

Plan ahead and retire with peace of mind. At Hearthside Bank, we recognize the importance of creating a nest egg for you and your family.

With the help of our Planning Team, managing your finances has never been easier. No matter what stage of life you are in, it is essential to consider what you're going to do after retirement.

We offer a few Individual Retirement Accounts:

Traditional IRA

Deductible or nondeductible. Earns tax-deferred income.

  • Annual Contribution Limits:
    See your Personal Banker for annual contribution limits.
  • Contributions may be deductible if not covered by a Qualified Plan or below income phase-out levels.

Roth IRA

Nondeductible. Earns tax-free income if established for at least 5 Years.

  • Annual Contribution Limits:
    See your Personal Banker for annual contribution limits.
  • Never deductible.

Get Started

Questions about our IRA offerings? Contact our Planning Team for more information or to open an account.

Contact Us

Quicklinks Include

Go to Top