Generations of Confidence,
Relationships for Life

 
 


Savings Accounts

The Bank of Tescott offers a Regular Savings account and Children’s Savings account. Both savings accounts provide a safe place for our customers to keep small or large amounts of money while earning interest.
  • Interest bearing account.
  • No maintenance fee if the balance stays above $100.00.
  • $5.00 semiannual fee if the balance falls below $100.00.
  • Withdrawal fees may apply.*
  • No fee for children under the age of 18.


Reminder for Tiered Money Market and Statement Savings accounts:
Federal law requires that banks limit certain withdrawals to six per month on Tiered Money Market and Statement Savings accounts. The Bank is required by law to either close your account or change it to a non-interest bearing account if in a twelve-month period you go over the limit three different months. Unlimited transactions are: ATM cash withdrawals and transfers; withdrawals or transfers made in person, or by mail; and automatic transfers to pay on a loan at The Bank of Tescott. Limited transactions are: telephone transfers, transfers made by The Bank of Tescott’s on-line banking, automatic transfers made to third parties, checks, point-of-sale transactions or debit card purchases.

* Please email deposits@bankoftescott.com if you would like one of our customer service account staff to contact you about our savings accounts. *note: do NOT include any account numbers/personal information in your correspondence.