Savings Plans

Reliance Bank features several types of savings plans to help you make the most of your money. We offer very competitive rates that are based on current market conditions.

Statement Savings
Reliance Bank's Statement Savings account is designed to help you save money for future use.

	$100 minimum opening deposit
	$100 minimum balance requirement to avoid a $5 monthly service fee
	Monthly statements with activity, quarterly statements with no activity
	Limit of 6 pre-authorized withdrawals per statement cycle
	$5 "Excessive Transaction Fee" per withdrawal over the above stated limitations
	Competitive rates and fees
	Visa CheckMate card available
	24-Hour Telephone and Online Banking
	Immediate access is given to cash or ACH deposits to this account, with online, real-time balances

Kids Account
The Cool Kids and New Age Banker accounts are designed for the young saver up to age 17.

	$5 minimum opening deposit for Cool Kids Account
	$15 minimum opening deposit for New Age Banker Account
	Low minimum balances
	Prize drawings quarterly
	Limit of 6 pre-authorized withdrawals per statement cycle
	$5 "Excessive Transaction Fee" per withdrawal over the above stated limitations
	Competitive rates and fees
	24-Hour Telephone and Online Banking
	Immediate access is given to cash or ACH deposits to this account, with online, real-time balances

Club Account
You can plan ahead for a special purpose with this savings plan which disburses your funds annually.

	Holiday or Vacation Club accounts available
	$2 minimum opening deposit
	$50 minimum to earn APY
	Deposits can be made at any time and in any amount
	Disbursements will automatically be deposited into another Reliance Bank account
	Competitive rates and fees
	Immediate access is given to cash or ACH deposits to this account, with online, real-time balances

Certificate of Deposit
Take advantage of Reliance Bank's flexible contract and maturity terms.

	Terms from 91 day to 5 years
	Variable or fixed rate with a variety of terms available
	Minimum deposits vary based on the length and type of certificate
	Competitive rates and fees

Individual Retirement Account

	$500 minimum opening amount
	Fixed rate with a variety of terms available
	Deposits permitted - $100 or more
	Build retirement security with a Traditional or Roth IRA
	Competitive rates and fees