PERSONAL SAVINGS
  Youth Savings
  Savings (Statement and Passbook)
  Money Market
  Index Money Market
  Certificate of Deposit (CD) and IRA
  Deluxe Savings
   
  *** Linking Accounts
   
   

 

 

 

 
 
  PERSONAL SAVINGS ACCOUNTS

We¡¯ve developed a number of savings account options all designed to help you meet your financial goals. Choose between a low initial deposit with a Youth Savings account or our Index Money Market account with a high yield (either provides liquid funds). Whatever your preference choose the account that¡¯s best for you and open your Foster Bank savings account today! Benefits of ALL personal Foster Bank savings accounts include:

FREE Internet Banking

 

FREE Telephone Banking  
Convenient Bank-by-Mail option  
Direct Deposit  
FREE Online Check Image  
 
 Youth Savings
In an effort to help children learn the financial rewards of making regular deposits into a savings account Foster Bank offers a low minimum balance account to encourage children to get into savings habits early in life. Children must be under 18 years of age and a parent or guardian must be a Foster Bank account holder.
$10 minimum balance to open.
$10 minimum balance to earn interest and avoid service charges.
Interest is compounded quarterly.
 If the balance falls below the required minimum a $2.00 fee will be assessed per quarter..
A fee of $1.00 per debit in excess of fifteen (15) per quarter will be assessed.
Click HERE to check out our rates.
  Savings (Statement and Passbook)

A traditional way to save for your future and maintain availability of your funds. Set your goals and let Foster Bank help you achieve them.

 $100 minimum balance to open.
$100 minimum balance to earn interest.
Interest is compounded monthly.
If the balance falls below the required minimum a $3.50 fee will be assessed per statement cycle.
A fee of $1.00 per debit in excess of six (6) per month will be assessed per statement cycle.
Click HERE to check out our rates.
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  Money Market

Earn a higher interest rate while keeping your funds liquid with a personal Money Market account.

 $100 minimum balance to open.
$2,500 minimum balance to earn interest.
Interest rates are tiered and compounded monthly.
If the balance falls below the required minimum a $10.00 fee will be assessed per statement cycle..
A fee of $10.00 per debit in excess of six (6) pre-authorized or automatic withdrawals per month
      or three (3) checks will be assessed per statement cycle.
Click HERE to check out our rates.
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 Index Money Market

An enhancement to our regular Money Market account for investors looking to receive a market rate of interest and still have liquid funds. Foster Bank will reward your higher balance investment with a great rate.

$100 minimum balance to open.
 No monthly fee when you maintain a $25,000 minimum balance
 Interest rates are tiered and compounded monthly.
If the balance falls below the required minimum a $20.00 fee will be assessed per statement cycle..

A fee of $20.00 per debit in excess of six (6) pre-authorized or automatic withdrawals per month
      or three (3) checks will be assessed per statement cycle.

Click HERE to check out our rates.
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Certificate of Deposit (CD) and IRA

If you are looking for a safe investment with a good rate of return, a Foster Bank CD or IRA allows you to choose a specific investment period and earn a fixed interest rate. You have the option of investing short-term or long-term, depending on your financial goals. Deposits are federally insured by the FDIC, however a penalty for the early withdrawal of funds may apply. Earn higher preferred interest with our Foster Bank Friendship Rates!
Low minimum balance to open
 Low risk
 Flexible terms

 FDIC insured

 Penalty for early withdrawal
 Fixed interest rate
Click HERE to check out our rates.
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Deluxe Savings

Earns Competitive rates and offers valuable features. Ask your Personal Banker to link your Deluxe Savings account to your Foster Bank checking account to receive our Foster Bank Friendship Rates.
No monthly fee when you maintain a $15,000 average total balance
 Higher balances earns even better rates
 If account requirements are not met, a $20 fee will be assessed per month

 A fee of $1 per debit in excess of six(6) per month will be assessed
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Linking Accounts

You've worked hard. Let your money work smart. Maximize your earnings by linking your Foster Bank accounts to earn Foster Bank Friendship Rates. For example, when your Personal Banker links yours qualifying checking accounts to your Deluxe Savings, you'll earn a preferred interest rate. Also, have your Foster Bank loan payment automatically deducted from your Foster Bank checking account to qualify for a rate discount on your loan! You can even benefit from a preferred interest rate on qualifying CDs.

Remember, your account are not automatically linked. Speak to your Foster Bank Personal Banker to be sure you are getting the most out of your Foster Bank accounts.
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