Personal Savings

A flexible insured savings account with a low minimum balance designed to teach young people how to save.

• Minimum Balance /Requirements
  $25 daily ledger balance++
• Monthly Maintenance Charge
  None, or $2 per month if balance falls below minimum
• ATM Fees+++ And Access
  Not available
• Check Access
  Not available
• Activity Charges
  No charge for in-person withdrawals+

Flexible insured savings account with a low minimum balance, variable interest rate, and easy cash access.

• Minimum Balance / Requirements
  $200 daily ledger balance
• Monthly Maintenance Charge
  None, or $2 per month if balance falls below minimum
• ATM Fees+++ And Access
  ATM card available with checking relationship. $1 per ATM Savings Account withdrawal.
• Check Access
  Not available
• Activity Charges
  No charge for in-person withdrawals+

Competitive rate savings with complete liquidity and insured security. Variable interest on your entire balance.

• Minimum Balance / Requirements
  $500 daily ledger balance
• Monthly Maintenance Charge
  None, or $5 per month if balance falls below minimum
• ATM Fees+++ And Access
  Free on all ATMs
• Check Access
  Optional
• Activity Charges
  No charge for in-person withdrawals+

Highest yielding savings with liquidity, insured security, and easy access. Variable interest on your entire balance.

• Minimum Balance / Requirements
  $2,500 daily ledger balance
• Monthly Maintenance Charge
  None, or $15 per month if balance falls below minimum
• ATM Fees+++ And Access
  Free on all ATMs
• Check Access
  Optional
• Activity Charges
  No charge for in-person withdrawals+

A full range of FDIC insured certificates of deposit are available with a variety of yields and maturities.

• Minimum Balance / Requirements
  $1,000
• Monthly Maintenance Charge
  None, penalties will be imposed for early withdrawals

With ICS and CDARS, you can enjoy the peace of mind that comes with access to multi-million-dollar FDIC insurance and can choose the service or combination of services that best meets your needs for returns and access to funds. Now that’s smart.

Set aside money tax-exempt for your medical expenses and earn interest on it.

• Minimum Balance / Requirements
  $500 daily balance
• Monthly Maintenance Charge
  None, or $5 per month if balance falls below minimum
• ATM Fees+++ And Access
  Not available
• Check Access
  Optional with HSA Check Card.

An IRA is an excellent foundation for your retirement nest egg. The earlier you begin planning for your retirement, the more money you’ll have to fulfill your dreams. And your contributions may be tax-deductible. (Ask your tax advisor.)

BankCherokee offers Traditional, Roth, and Education IRAs with a variety of yields and maturities. Remember, you can still contribute to an IRA even if you participate in an employer or government-sponsored retirement plan, as long as you earn income.

With few exceptions, funds deposited in an IRA may not be withdrawn before retirement age without incurring penalties. Contact us today and we will work with you to find the best IRA to fit your needs.