Personal Savings

Benefits and Features

• No service charges when $250 minimum balance is maintained
• Minimum $25 to open an account
• Earn competitive interest rates on minimum balance of $250
• Interest compounds quarterly and is credited to your account on the last business day of each quarter
• If you have a checking account with us, you can establish automatic transfers from your regular savings account to your checking account to avoid overdrafts
• Transfers are limited as by law
• This is a variable interest rate account

It’s never too early to build healthy financial habits.

Teach your children financial responsibility and help them build a future like no other with Canal Bank’s Youth Savings Account. No matter what they’re saving for or where they want to go, we can help them get there.

• Earn interest on balances as low as $1
• Variable interest rate account
• Fee-free debit card
• Free mobile banking
• Free online banking

A gift for you: Save more. Stress less.

Make the next holiday season even brighter when you open a Holiday Club Savings Account with Canal Bank. Whether you’re saving for the perfect gift, hosting a get together or donating to your favorite charity, we want to help you put aside funds to make holiday spending easy and convenient. Start saving today with our Holiday Club Savings account!

• Easy set up
• No minimum deposit required
• No minimum balance
• Grow your account through automatic deposits from a Canal Bank checking or savings account or payroll direct deposit
• Variable interest rate