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Our Merchants Savings Accounts are designed for the smaller saver or a saver/planner. Whether you are saving for a vacation, college education, holidays or just for some extra spending cash, Merchants has the right savings account for you. k
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Statement Savings
accounts pay interest daily and statements listing your account activity are issued quarterly. You may direct deposit into your account, access through the ATM or use our online banking to arrange for transfers or view transaction activity. Just maintain a low minimum daily balance of $100 to avoid a $2.00 service charge per month.

For the younger saver, 18 years of age or younger there is no minimum balance requirements.
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Super Money Market
accounts require $1,000 to open the account. You need to maintain a minimum daily balance of $1,000 to avoid a $10.00 service charge per cycle. Interest is paid on balances above $1,000 and is tiered, so the higher your balance the higher your premium rate of interest.
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Club
accounts allow you to save for a vacation, holidays or any other occasion by having it automatically deposited from another Merchants deposit account.

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