Savings Account Options

money market savings account

Our Money Market Savings is our basic savings account with a twist. The plan is designed for those who want to take advantage of attractive money market interest rates. With this account, the more money you deposit, the more it earns. If your balance is less than $2500, it will serve as a basic savings account and a $1 maintenance fee may apply. When your balances grow, the rates are tiered so you’ll earn more interest.

  • Tier 1 - $0.00 - $2,499.99
  • Tier 2 - $2,500.00 - $9,999.99
  • Tier 3 - $10,000.00 - $24,999.99
  • Tier 4 - $25,000.00 - $49,999.99
  • Tier 5 - $50,000.00 and greater 

The monthly fee of $1,00 is waived if a $50.00 balance is maintained. The fee is also waived if you are under age 20.

 

Christmas club savings account

This plan is designed to help you plan for your holiday season spending. The account provides a higher rate of return than the regular Statement Savings rate and you choose the amount you want to save. 

You can make deposits directly or automatically from your checking account. At the end of the club period, around October 10th, the funds in the account will be sent to you by check or deposited to another account.

In the spirit of Christmas, this account does not have a maintenance fee. Balance not to exceed $5000.00.

 

investors premium savings account

This high yielding savings account has the unique option of writing six checks per month. This plan is designed for those who want high yields, liquidity, security, and convenience. Balances of $25,000 and greater earn a return that's competitive to uninsured money market funds of leading brokerage houses. When the balance falls below $25,000 the rate of return drops to the regular Statement Savings rate.

 

HSA health savings account

A Health Savings Account (HSA) is a bank account, much like a checking account that is established exclusively to help you pay for qualifying medical expenses for you, your spouse and your dependents tax-free. Those expenses may include those not covered by your medical plan such as vision, dental and over the counter medications.

Contributions can be made by you, your employer, or both. Contributions can also be made by someone on your behalf. Funds can be spent each year or carried over for future medical expenses. You will never lose the funds! An HSA must be accompanied by a qualifying health insurance plan. A $2 monthly service charge may apply.

To learn more, DOWNLOAD OUR HSA BROCHURE, or contact a Minnesota National Bank representative.

Meet with a Minnesota National Bank Personal Banker to learn more about your savings options and what fits your needs.

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