BankEast Savings and CDs

Youth Savings
Youth Savings is a great way to teach children the value of saving money. The minimum opening deposit is only $25, and deposits can be made in any amount. This account is available to those under the age of 18.

Personal Savings
Open your Personal Savings account with only $100 and begin earning interest immediately. To make saving simple, why not set up an automatic transfer from your BankEast checking account? Or you have the convenience of transferring between your accounts at BankEast ATMs, through Access24, and via BankEast OnLine.

Investor Reserve
Investor Reserve provides an investment alternative that pays a higher interest rate than normally offered by interest bearing checking accounts. The interest rate is tiered, so the higher your balance, the greater your return. Plus you have the added bonus of easy access to your funds whenever you need them.

Platinum Reserve
Platinum Reserve is similar to Investor Reserve in that it offers interest rates that are tiered by balance level. The Platinum Reserve rate tiers were developed for individuals with significant excess cash who are looking for an investment alternative with maximum liquidity.

Certificates of Deposit
With as little as $1,000, you can invest in a Certificate of Deposit (CD) that will earn a guaranteed rate of return for the term of the CD. The interest rate for your CD will be based on current market conditions and the term you choose.

 

BankEast Savings Guide
 

Product Name	Youth Savings	Personal Savings	Investor Reserve	Platinum Reserve	Certificate of Deposit
Minimum Opening Balance	$25	$100	$1,000	$10,000	$1,000
Maintenance Fee	None	None	None	None	N/A
Minimum Balance Fee	$1	$3	$10	$15	N/A
Minimum Daily Balance to Avoid Fee	$25	$100	$2,500	$50,000	N/A
Check Writing*	Not Available	Not Available	# of withdrawals is limited by regulations*	# of withdrawals is limited by regulations*	Not Available
Withdrawal Limits	$3 for each withdrawal after 3 per month	$3 for each withdrawal after 3 per month	$10 for each withdrawal over 6	$10 for each withdrawal over 6	Penalty for early withdrawal
Interest Paid	Yes	Yes	Yes	Yes	Yes
ATM or Check Card	Not Available	No maintenance fee	No maintenance fee	No maintenance fee	Not Available
Access24 24-hour Account Information	No Charge	No Charge	No Charge	No Charge	No Charge
OnLine Banking	No Charge	No Charge	No Charge	No Charge	No Charge
Other Features	Quarterly statement   *Unlimited access to account: • in person • by ATM *Limited access to account by: • pre-authorized transfer • wire, EFT, or telephone   *No more than 6 limited withdrawals per month, with no more than 3 being by POS, electronic or transfer.   Available to students less than age 18	Quarterly statement *Unlimited access to account: • in person • by ATM *Limited access to account by: • pre-authorized transfer • wire, EFT, or telephone *No more than 6 limited withdrawals per month, with no more than 3 being by POS, electronic or transfer.	Monthly statement *Unlimited access to account: • in person • by ATM *Limited access to account by: • check • pre-authorized transfer • wire, EFT, or telephone *No more than 6 limited withdrawals per month, with no more than 3 being by third party check, POS, electronic, or transfer. Interest rate tiers -Below $2,500 -$2,500-14,999 -$15,000-24,999 -$25,000-49,999 -$50,000+	Monthly statement *Unlimited access to account: • in person • by ATM *Limited access to account by: • check • pre-authorized transfer • wire, EFT, or telephone   *No more than 6 limited withdrawals per month, with no more than 3 being by third party check, POS, electronic, or transfer. Interest rate tiers -Below $50,000 -$50,000-99,999 -$100,000-249,999 -$250,000-499,999 -$500,000-999,999 -$1,000,000+	Automatically renewable   Various rates and terms   May be used as collateral for loan

Member FDIC | Equal Housing Lender
Curtis Mortgage Company, Inc. is a wholly owned subsidiary of BankEast Corporation.

HOME | 24 HOUR BANKING | PERSONAL SERVICES | BUSINESS SERVICES | LOAN SERVICES | OTHER SERVICES
CALCULATORS | LINKS | ABOUT US | LOCATIONS & HOURS | FAQs | CONTACT US | PRIVACY