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Flagship Personal Savings Accounts
At Flagship Community Bank, we know that you have lots of things to save your money for. Whether it's college tuition, a new home, or that long awaited vacation, we have the right tools to help you get there faster.
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Personal Savings
Looking toward the future? Start saving today and watch your money grow with our Personal Savings Account!
- $100 Minimum Deposit to Open
- Interest Compounded Daily
- $300 Minimum Balance needed to earn interest
- $5 Monthly Maintenance Fee; maintenance fee can be avoided by maintaining a $300 minimum daily balance or a $300 average daily balance
- Six (6) debit transactions allowed per month; additional debits are $3 each, regardless of balance FREE Online Banking
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Relationship Personal Savings
Want to earn even more? Enjoy the same great benefits of our Personal Savings but at a special rate. One way we reward you for being a valued relationship customer!
- $100 Minimum Deposit to Open
- Earn a preferred rate with an Active* Flagship Checking Account
- Interest Compounded Daily
- $300 Minimum Balance Needed to Earn Interest
- $5 Monthly Maintenance Fee; maintenance fee can be avoided by maintaining a $300 minimum daily balance or a $300 average daily balance
- Six (6) debit transactions allowed per month; additional debits are $3 each, regardless of balance FREE Online Banking
*Active checking account required to qualify for Flagship Relationship products. Active is defined as an account that is not inactive and has had transaction activity during a nine month period.
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Minor Savings
Create a brighter tomorrow for a child by starting to save for them today! (Under the Age of 18)
- $10 Minimum Deposit to Open
- Interest Compounded Daily
- No Minimum Balance Needed to Earn Interest
- No Monthly Maintenance Fee
- Six (6) debit transactions allowed per month; additional debits are $3 each, regardless of balance FREE Online Banking
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
EFFECTIVE JANUARY 1, 2013
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
For more information about FDIC insurance coverage of noninterest bearing transaction accounts, visit www.fdic.gov.
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