Personal Savings Accounts
Saving money should be easy. That’s why we offer you a choice of three different savings accounts. At least one should fit you just right!
Everyday Savings
For customers who would like to save money away and earn interest on their funds.
- Minimum Opening Balance: $10
- Monthly Balance to avoid fee/earn interest: $0
- Fee (Minimum Balance not met): $0
- eStatements
- Online & Mobile Banking
Money Market
For customers who are able to keep a larger balance and want their interest rate to directly respond to their growing balance.
- Minimum Opening Balance: $2,500
- Monthly Balance to avoid fee/earn interest: $2,500
- Fee (minimum balance not met): $20
- Earns Interest
- eStatements
- Online & Mobile Banking
- Free Online Money Management Tool
Christmas Club
For customers who would like to put away money to prepare for the holiday shopping season.
- Minimum Opening Balance: $1.00
- Monthly Balance to earn interest: $1.00
- Early Closing Fee (if closed within first 6 months): $25
- Earns Interest
- Online & Mobile Banking
| Feature | Everyday Savings | Money Market Account | Christmas Club |
|---|---|---|---|
| Minimum Opening Balance | $10 | $2,500 | $1 |
| Monthly Balance to avoid fee/earn interest | $0 | $2,500 | $0 |
| Fee (Minimum Balance not met) | $0 | $20 | $0 |
| Earns Interest | Yes | Yes | Yes |
| E-Statements | Yes | Yes | No |
| Online and Mobile Banking | Yes | Yes | Balance Inquiry/transfer in |
| Bill Pay | Yes | Yes | No |
| Text Banking | Yes | Yes | Yes |
| Free Online Money Management Tool | Yes | Yes | Yes |
| Rosedale Fees for non-Rosedale ATMs* | None | None | None |
| ATM Fee Surcharge Rebate for Non-Rosedale ATMs* | No | No | No |
| Overdraft Sweep Available | Yes | Yes | NO |
* When you use an ATM not owned by Rosedale Bank, you may be charged a fee by the ATM Operator or any network used (including balance inquiries even if you do not complete a funds transfer). Rosedale Bank will reimburse such fees for up to the first four (4) transactions per calendar month.