Personal Savings Accounts

Savings accounts from Frandsen Bank & Trust offer many ways to reach your financial goals – whether they include a major purchase, that long-anticipated vacation or a rainy-day fund. Not sure where to begin? Here’s an overview.

My Savings: Our most popular savings account.
Penny's Savings Club: For young savers between the ages of 0 and 14.
Young Adult Savings Club: For young adults between the ages of 15 and 23.
Health Savings Account: Pair this account with a high-deductible health plan (HDHP).
Please note: Health Savings Accounts may not be available in all locations.

Compare accounts and features here

Account	Highlights	Service Charge
Statement Savings	Unlimited in-person transactions $100 minimum opening deposit Earns interest Withdrawl limitations apply per federal regulation^*	A $3 Maintenance Fee will be imposed every month if account falls below $200 on any day during the calendar month. This fee is waived if you are under 18 years of age.
Health Savings Account	Available to individuals covered by a high deductible health plan (HDHP) Unlimited transactions Earns interest on a tiered basis $100 minimum opening balance	A $2 Maintenance Fee will be imposed every month if account falls below $1,000 on any day during the statement cycle. $20 set-up fee.
Money Market Savings	$2,500 minimum-balance required (and minimum opening balance) Unlimited in-person transactions Earns interest on a tiered basis Withdrawal limitations apply per federal regulation^*	A $10 Maintenance Fee will be imposed every month if account falls below $2,500 on any day during the statement cycle.

* During any calendar month, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order.

Deposit Accounts

Checking

Savings

CDs and IRAs

Health Savings

ID Protection

Overdraft Protection

Personal Savings Accounts