Saving is about more than just reaching your goals, it's about planning for a secure financial future. No one is better qualified to help you secure that future than Pennstar Bank. Putting money into a savings account on a regular basis is one of the best strategies to reach your dream.
| From basic savings accounts and CDs to money markets and IRAs, Pennstar Bank offers a number of solutions to help put your funds to work for you. We also have a Health Savings Account available for those with High Deductible Insurance Plans. | How much could I save over time? |
| Account Type | Description |
|---|---|
| Personal Savings | Interest is compounded daily and you can choose to receive quarterly statements or a portfolio statement that combines your checking and savings statement. Accounts are available for both Adults and Children. |
| Money Market Accounts | Looking for high growth potential, the ability to write checks and generate interest monthly? A Personal Money Market Account is for you. |
| Certificate of Deposit (CD) | Offers you a choice of short and long-term savings options with terms of seven days to 60 months. Also gives you the opportunity to take advantage of a fixed rate at a term that's right for your needs. |
| IRA | You can select fixed rate or tiered rate CDs and tax on interest can be deferred when this is part of a retirement plan. |
| Health Savings Account | An interest-bearing account used to pay for qualified medical expenses. |
| Club Accounts | Set-up your Holiday Club Account or All-Purpose Club Account with interest compounded and paid annually. |