Personal Savings

Regular Savings

Having money set aside can give you the financial freedom you need to handle life’s unexpected emergencies.  Park Avenue Bank offers a variety of savings plans to suit your financial needs!

Includes:

  • $100 Minimum Opening Deposit
  • NO Monthly Maintenance Charge with a minimum of $100 balance
  • $3 Service charge per month for balances under $100
  • Tiered Simple Interest Rate
  • $2 fee per withdraw in excess of two per calendar month. Transfers from a savings account to another account, or to third parties by preauthorized, automatic, or telephone transfers are limited to six per calendar month with no more than three by draft, debit card or similar order to third parties.

Holiday Savings

Get ready for the holidays early. Enroll in Park Avenue Bank’s Holiday Savings Program and save for those end of the year expenses.

Includes:

  • $5 Minimum Opening Deposit
  • NO Monthly Service Charge
  • Tiered Simple Interest Rate
  • $10 Penalty for Early Withdraw
  • Checks Disbursed Annually

Money Market Account

For those who are seeking a higher rate of return on their investment and need immediate access to funds.

Includes:

  • $2,500 Minimum Opening Deposit
  • NO Monthly Maintenance Charge with a minimum balance of $2,500
  • $5 Service Charge per month if minimum balance falls below $2,500
  • Tiered Simple Interest Rate
  • Limit of Three third party withdraws per statement cycle
  • $2 fee per withdraw for third-party withdraws in excess of three per statement cycle. Transfers from a Money Market Deposit account or to third parties by preauthorized, automatic, or telephone transfers are limited to six per calendar month with no more than three bank check, draft, debit card or similar order to third parties