Savings

Savings Account

Crafted specially to help you save for that next vacation, a new car or just a rainy day. Whatever you’re saving for, maintain a daily balance of $100 and the service charge is waived.

  • $100 minimum to open

  • Includes six withdrawals or transfers per month, a $1 service charge for each additional withdrawal

  • Online banking* and mobile banking* with bill payment included at no additional charge

  • A $5 service charge per quarter applies only if your daily balance falls below $100

*Third party fees may apply for data connection

Money Market Account

An account with higher-yielding rates and flexibility. Maintain a $2,500 daily balance and the service charge is waived.

  • $100 minimum to open

  • Six transfers, withdrawals or third party checks per month, a $10 charge for each additional item will apply

  • Tiered rates available for accounts with higher balances

  • Online banking* and mobile banking* with bill payment included for no additional charge

  • Includes debit card that can be used at any ATM nationwide without a transaction service charge

  • The first order of Encore Bank Classic checks is included

  • A $10 service charge per month applies only if your daily balance falls below $2,500

*Third party fees may apply for data connection

Certificate of Deposit (CD)

A savings product with a fixed interest rate and fixed maturity date.

At Encore Bank, we understand that each of our clients’ savings needs is as unique as they are. That’s why we offer a variety of CDs to help meet those savings needs. A team member at Encore Bank looks forward to helping you select the account that is right for you.

Individual Retirement Account (IRA)

An investment account designed for building your retirement savings.

Researching your long-term savings goals are a critical step in reaching your dreams. At Encore Bank, our team is looking forward to helping you select the IRA account that is right for you and your goals.

Health Savings

Set aside money on a pre-tax basis to pay for medical expenses including deductibles, copayments, insurance and additional costs. A tax-favored interest-earning account that can be funded by the employer, the employee or a qualified third party for qualified medical expenses.

  • $25 minimum to open

  • Unlimited Transactions

  • Online banking* and mobile banking* with bill payment included at no additional charge

  • Includes debit card that can be used at any ATM nationwide without a transaction service charge

  • A $3 paper statement fee waived when enrolled in eStatements

*Third party fees may apply for data connection