Savings accounts for your everyday needs

Savings Accounts for your Everyday Needs

Home Personal Savings

Savings

Choose from Classic, Money Market or Health Savings Accounts

Your good saving habits mean you can take on life’s twists and turns with style. Whether your savings goals are for your next car, the ability to take on home repairs, or a special vacation, the first step is having the right savings account for your needs. Central Bank offers a line of savings accounts to fit your saving style.

Compare Savings Products

Classic Savings

Classic Savings

Everything you could want in a savings account. Classic Savings offers a place to save money, earn interest and get immediate access to your money if needed. Learn more about Classic Savings.

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Money Market Savings

MOney market Savings

Grow your money faster with the tiered interest of a Money Market Savings, and be assured that you can also access it quickly if necessary. Learn more about Money Market Savings.

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Platinum Money Market Savings

Platinum Money market Savings

Platinum Money Market Savings is specially designed for our Platinum Money Market Checking customers and accommodates their higher account balances while offering tiered interest for growth in addition to security and liquidity. Learn more about Platinum Money Market Savings.

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CDs

CDs

Certificates of Deposit, or CDs, from Central Bank offer security and protection while letting your money grow at higher rates than a traditional savings account. Learn more about CDs.

IRAs

IRAs

If you have earned income, in the form of a wage, salary, tips or bonuses, you can contribute to an Individual Retirement Account. IRAs are a solid, do-it-yourself retirement investing option. Learn more about IRAs.

 

Savings Products Comparison

 Classic SavingsMoney Market SavingsPlatinum Money market Savings
Perfect For:Kids and adults wanting to start savingThose wanting to earn higher interest on their balancesEmerald Club members, private banking clients, executives
Minimum to open$100$1,000$10,000
Minimum Balance to avoid fees$100 minimum or $250 average. If below, $2/month$1,000 minimum or $2,500 average. If below, $10/month$10,000 minimum or $25,000 average. If below, $15/month
Transaction limits6 preauthorized debits/month6 preauthorized debits/month6 preauthorized debits/month
InterestVariable interest, paid quarterly
Variable interest, paid monthly based on the following balance tiers:
$0 - $4,999
$5,000 - $24,999
$25,000 - $49,999
$50,000 and above
Variable interest, paid monthly based on the following balance tiers:
$0 - $9,999
$10,000 - $49,999
$50,000 - $99,999
$100,000 - $249,999
$250,000 and above
ATM With No ATM fees* or Shazam®Chek CardFree ATM Card and if you get an ATM surcharge, bring in or mail your original ATM receipt within 60 days and we will refund the surchargeFree ATM Card and if you get an ATM surcharge, bring in or mail your original ATM receipt within 60 days and we will refund the surchargeFree ATM Card and if you get an ATM surcharge, bring in or mail your original ATM receipt within 60 days and we will refund the surcharge
StatementQuarterly statement mailed, monthly if electronic transfersOnline Statement or monthly statement mailedOnline Statement or monthly statement mailed
Online BankingFreeFreeFree
Additional Information  
Platinum Checking required



 

*Shazam®Chek Card, Mobile Deposit, Overdraft Reserve and Credit Cards are subject to approval.

Excludes foreign surcharge fees.

All account fees are subject to Iowa & Local Option sales tax.

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You are leaving the Central Bank website. We are not endorsing or guaranteeing the products, information or recommendations provided by the organizations linked to our website. We are not liable for any failure of products or services advertised on those sites. We are not responsible for the validity, collection, use or security of information by organizations that may be linked to our website. We encourage you to read the privacy policies of websites reached through the use of links from the Central Bank website.

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