| Personal Savings, CDs, and IRAs |
Arbor Bank provides great ways to save for special purposes – college education, vacations, retirement or unexpected emergencies. We offer Savings Accounts, Certificates of Deposit, and Individual Retirement Arrangements. Track your savings progress through Arbor Online, TeleBanking, or on a combined statement with your Arbor Bank checking account. Ask your Personal Banker how you can make the best return on your funds.
| Personal Savings | Student Savings | HI-FI Money Market | |
| Minimum Opening Deposit | $100 | $10 | $2,500 |
| Maintenance Fees | Avoid a $3 quarterly service charge by maintaining $100 minimum daily balance. | None | Avoid a $10 monthly service charge by maintaining $2,500 minimum daily balance. |
| Transactions | There are nine withdrawals allowed each quarter, $2 fee for each additional withdrawal. | There are nine withdrawals allowed each quarter, $2 fee for each additional withdrawal. | You may make six transfers or withdrawals from this account each month. Three of these may be made by check, VISA Debit Card, sweeps to cover overdrafts of another account, online banking transfers or by the bank to a third party. Withdrawals or transfers made in person, by mail, or at an ATM are unlimited. |
| Features | Free ATM Card is available. | Free VISA Debit Card is available. |
Personal Savings
Personal Savings is a simple plan for saving. Enjoy easy access to your money through online banking or with your ATM card. An itemized statement will be provided to you separately or combined with your checking account statement.
Student Savings
Student Savings is a great way to start a young person with a savings plan. This account is available for all people under the age of 20 with parent’s approval.
Money Market
This account provides the security of a savings account and the freedom of a checking account, all in one. You will earn a higher rate of return and have easy access to your money with checks, online transfers, VISA Debit Card access, or in person withdrawals.
Certificates of Deposit
Guarantee a return on your investment without risk with an Arbor Bank CD. Choose a term from 91 days to 60 months and watch your money grow. The interest you earn can be compounded for the ultimate return, mailed to you by check, or deposited into your Arbor Bank account. Ask your Personal Banker how to make your money work best for you. See your Personal Banker for more details.
Individual Retirement Arrangement
Save for retirement with an Arbor Bank IRA. We offer fixed term IRAs that match our CD rates and Money Rate IRAs that allow scheduled deposits with a more flexible rate. Your Otoe County Bank Personal Banker can help you choose a retirement plan that will fit your needs. See your Personal Banker for more details.