Savings and Money Market Accounts
Whether youre just starting out or well-established, The Palmetto Bank has a solution to fit your financial life stage, as well as innovative savings solutions that make lifes big expenses a little easier to handle.
- Super - $25,000 minimum
- Premium - $10,000 minimum
- Regular - $1,000 minimum
Additional Information:
Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account daily.
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Interest is compounded monthly and credited to your account monthly on the day your statement is produced.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected principal balance in the account each day.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected principal balance in the account each day.
You must maintain a minimum balance of $1,000 in the account each day to obtain the disclosed annual percentage yield.
You may make six (6) preauthorized, Internet Banking, or telephone transfers from your account during a monthly statement cycle period, but only three (3) may be payments by check to third parties.