Personal Savings Accounts

With a variety of plans to suit different ages, personal preferences and financial goals, VantageSouth Bank's Savings solutions make it easy to save.


Advantage Savings

Choose a safe, convenient place to earn interest while maintaining easy access to your funds.

  • Earns interest on collected balances
  • Free Online Banking
  • $3 discount on monthly maintenance fee for eStatement
  • Monthly maintenance fee $10 ($7 with eStatement); can be avoided with one of the following:
    • $200 minimum daily balance
    • $1,000 average monthly balance
    • 1 direct deposit of $25 or more per statement cycle
  • Up to 3 withdrawals, transfers or other debits per statement cycle at no charge; $10 each thereafter

Advantage Youth Savings (age 17 and under)

Help your children and grandchildren learn the value of good saving habits as they watch their money grow.

  • Earns interest on collected balances
  • Free Online Banking
  • No monthly maintenance fee
  • Up to 3 withdrawals, transfers or other debits per statement cycle at no charge; $10 each thereafter

Personal Money Market

Take advantage of interest rates that increase with your balances in an account that features checking convenience and flexibility.

  • Earns interest on collected balances
  • Tiered interest paid on collected balances as follows:
    • Less than $10,000
    • $10,001 - $50,000
    • $50,001 - $200,000
    • $200,001 or more
  • Free Online Banking and Debit Card
  • $3 discount on monthly maintenance fee for eStatement
  • Monthly maintenance fee $20 ($17 with eStatement); can be avoided with one of the following:
    • $1,000 minimum daily balance
    • $2,500 average monthly balance
  • Up to 6 withdrawals, transfers or other debits per statement cycle at no charge; $10 each thereafter

Health Savings

This tax-favored, interest-bearing account is exclusively for those under age 65 who have health plans with high deductibles.

  • Earns interest on collected balances
  • $3 discount on monthly maintenance fee for eStatement
  • Monthly maintenance fee $5 ($2 with eStatement); can be avoided with one of the following:
    • $250 minimum daily balance
    • $500 average monthly balance

For more information, go to http://www.treasury.gov/resource-center/faqs/Taxes/Pages/Health-Savings-Accounts.aspx


Certificates of Deposit

With their competitive rates and flexible terms, VantageSouth Bank CDs can be an ideal short-to-long-term investment.

  • $500 minimum deposit to open
  • Terms from 7 days to 5 years
  • A choice of interest payment options:
    • Compounded to the account
    • Transferred to another VantageSouth account
    • Paid by check

IRAs

VantageSouth Bank IRAs give you a choice of savings options that enable you to save for retirement while reducing your taxes.

  • $100 minimum deposit to open
  • Traditional, ROTH, SEP and other plans available

CDARS

As a member of the CDARS® ("cedars") Network, VantageSouth Bank can enable you to make multimillion-dollar CD investments and access full FDIC insurance eligibility on every dollar.* Using CDARS allows you to maximize the return on your funds while maintaining the peace of mind that comes with FDIC protection. Ask us for details.
 

*CDARS CDs are considered bank deposits. They are not DTC eligible and, currently, no secondary market exists. Early withdrawals are available, but require the payment of a substantial penalty. You should compare the current rates and features of CDs (including CDs placed through the CDARS service) to other investment alternatives. Past performance may not be representative of future performance or success. Limits apply. If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor's funds through CDARS or a particular CDARS transaction satisfies those restrictions. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with our bank. The agreement contains important information and conditions regarding the placement of funds by our bank through CDARS. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.

 

Open a Personal Savings account today. Call or stop by your neighborhood location.

 

 

 
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