Personal Savings
Start your savings with a Personal Savings Account.
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Open with just $100 – or just $1.00 for minors
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Special programs for young savers
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FDIC insured1
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Min. Opening Deposit
$100 / $1.00 for minors
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Interest Paid
Compounded Daily - View Rates
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Minimum Balance
$300 daily balance2 OR at least one monthly electronic deposit2 of $25 or more. (Requirements waived for minors)
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Monthly Service Charge
$3.00 if balance not met. (Fee waived for minors.)
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Check Writing Privileges
No
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Transactions
- Up to 3 withdrawals or transfers per month, including Commerce ATM withdrawals; $2.00 for each additional transaction
- Free access to funds through any Commerce ATM, our 24-hour Account Information Line and Online Banking
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Online Services
- Free Online Banking
- Access electronic copies of your 1099 and certain other tax forms through Online Banking
- Order up to seven years of account statements and check images on CD-ROM
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Statement Options
- Paperless Statement - Free
- Paper Statement - $2.00 per month for Paper Statements.
- Savings statements are provided monthly when there are electronic deposits or withdrawals during the monthly statement cycle; otherwise they are provided quarterly.2
Disclosures:
1 The Federal Deposit Insurance Corp. insures each depositor to at least $250,000.
2 Daily balance means ending ledger balance in the account each day. You must maintain the $300 minimum daily balance every day of a month or have at least one electronic deposit of $25 or more during the month to earn interest and to avoid a service charge that month. Electronic deposits include ATM deposits, wire transfers, ACH, Online Banking transfers or automatic transfers set up from another DDA or savings account.