Personal Savings Accounts
A Life Savings Shouldn't Take A Lifetime…
We Can Help.
Whether you're putting money aside for a new car, a new home, a college degree, or a European vacation, we've got great personal savings accounts that will help you save more money and help you reach your financial goals faster.
Saving money isn't hard with Elgin State Bank.
Investor Money Market
Ideal for customers who want a safe, uncomplicated way to get the most out of their money. Our Investor Money Market Savings account features multiple tiers and pays higher yields every month for customers able to keep higher balances in their accounts.
- $2,500 opening deposit required.
- $15 service charge applies if balance falls below $2,500.
- Multi-tiered rates.
- High yield paid monthly.
Start saving more today! Call our friendly banking professionals at
1-847-888-7950.
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Statement Savings
Perfect for first-time savers and students aged 18 and under, our Statement Savings account has a low opening deposit requirement, and pays a competitive interest rate that's compounded daily and paid quarterly. Opening deposit is just $100. Contact us for current APY and interest rates. There's no limit on deposits or withdrawals made in person; some other restrictions apply.
- $100 opening deposit required.
- Interest compounded daily; credited quarterly.
- No monthly service charge with $100 min. balance.
- $2 service charge if balance below min. (waived if account holder is under the age of 18).
- No limits on deposits or withdrawals made in person.
Open your Statement Savings account today with a call to one of our friendly banking experts at 1-847-888-7950.
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Christmas Club
It's always the right time of year to open one of our Christmas Club savings accounts! These offer a simple (and painless!) way to make sure you have extra cash for the holidays. Just $1 opens an account, and interest is credited quarterly. There's no limit on deposits, but withdrawals aren't permitted. A payment check is sent to you on November 1 for the account balance, plus interest earned. All you have to do is figure out how to spend it!
- $1 opens an account.
- Unlimited deposits.
- Interest credited quarterly.
- Balance paid November 1.
Start saving for the holidays today; open your Christmas Club account by calling one of our friendly banking professionals at 1-847-888-7950.
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"We Can Help You Save More... Call 1-847-888-7950 Today To Get Started."
