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Personal Savings Accounts

Whether you're building an emergency fund, saving for a major purchase, planning for the holidays, or setting money aside for future healthcare expenses, Arbor Bank offers a variety of personal savings accounts designed to help you reach your financial goals.

 

Choose from several savings options, each created to meet different financial needs while providing convenient access to your money and the personalized service Arbor Bank is known for.

Basic Savings
Our Basic Savings account is a simple way to begin saving for the future. Maintain a $100 minimum balance to avoid the quarterly service charge while earning interest and enjoying convenient access to your funds. Nine withdrawals are available each quarter.
Minimum Balance
$100
Service Charges
$3 quarterly if balance drops below $100, $2 each withdrawal over nine
Student Savings
Designed for customers under age 20, Student Savings helps young savers develop healthy financial habits. There is no minimum balance requirement, making it an excellent first savings account.
Minimum Balance
None
Service Charges
$2 each withdrawal over nine
Money Market
The Arbor Bank Money Market account offers higher earning potential for customers maintaining larger balances. With check-writing capabilities and limited paper debit withdrawals, it combines the flexibility of checking with the earning power of a savings account.
Minimum Balance
$2,500
Service Charges
$10 monthly if balance drops below $2,500, $5 each paper debit over three
Health Savings (HSA)1
For individuals enrolled in a qualified High Deductible Health Plan, an HSA provides tax-advantaged savings for eligible healthcare expenses. Arbor Bank's HSA includes check-writing capabilities, a free debit card, and no minimum balance requirement.
Minimum Balance
None
Service Charges
None
Christmas Club
Save throughout the year for holiday shopping and seasonal expenses. The Christmas Club account makes it easy to set aside money every month, and Arbor Bank even makes your final scheduled deposit.
Minimum Balance
None
Service Charges
None
Why Save with Arbor Bank
  • Multiple savings account options
  • Competitive interest-earning opportunities
  • Money Market accounts for higher balances
  • Tax-advantaged Health Savings Accounts
  • Holiday savings accounts
  • Friendly local service
  • Online and Mobile Banking access
  • Secure account management
 
Open Your Savings Account Today

Whether you're starting your first savings account or growing your long-term financial security, Arbor Bank has an account designed to help you save with confidence.

 

Which Arbor Bank savings account is best for everyday savings?

Basic Savings is a great option for customers beginning to build savings.

Is there a savings account for students?

Yes. Student Savings is designed for customers under age 20 and has no minimum balance requirement.

What is a Money Market account?

A Money Market account offers higher earning potential with check-writing capabilities for customers maintaining larger balances.

Does Arbor Bank offer Health Savings Accounts?

Yes. Arbor Bank offers Health Savings Accounts (HSAs) for eligible individuals enrolled in qualified High Deductible Health Plans.

Can I save for the holidays?

Yes. The Christmas Club account helps you save throughout the year for holiday expenses.