Money Market / Savings Accounts

PERSONAL MONEY MARKET ACCOUNT

  • $1,000.00 minimum opening deposit
  • Tiered interest is compounded daily and paid monthly
  • The number of withdrawals and transfers that may be made from this account each month is unlimited. The Bank, however, reserves the right to require a minimum 7 days prior written notice of such withdrawals or transfers
  • No monthly account maintenance fee or per item charge if a minimum balance of $2,500.00 or an average available balance of $3,500.00 or more is maintained
  • A monthly account maintenance fee of $14.00 plus $0.25 per check paid or deposited will apply if the minimum or average available balances are not maintained
  • No charge for online banking
  • eStatements or paper statements available

PERSONAL PREMIUM MONEY MARKET ACCOUNT

  • $20,000.00 minimum opening deposit
  • Tiered interest is compounded daily and paid monthly
  • The number of withdrawals and transfers that may be made from this account each month is unlimited. The Bank, however, reserves the right to require a minimum 7 days prior written notice of such withdrawals or transfers
  • No monthly account maintenance fee or per item charge if a minimum balance of $2,500.00 or an average available balance of $3,500.00 or more is maintained
  • A monthly account maintenance fee of $14.00 plus $0.25 per check paid or deposited will apply if the minimum or average available balances are not maintained
  • No charge for online banking
  • eStatements or paper statements available

PERSONAL SUPER PREMIUM MONEY MARKET ACCOUNT

  • $100,000.00 minimum opening deposit
  • Tiered interest is compounded daily and paid monthly
  • The number of withdrawals and transfers that may be made from this account each month is unlimited. The Bank, however, reserves the right to require a minimum 7 days prior written notice of such withdrawals or transfers
  • No monthly account maintenance fee or per item charge if a minimum balance of $2,500.00 or an average available balance of $3,500.00 or more is maintained
  • A monthly account maintenance fee of $14.00 plus $0.25 per check paid or deposited will apply if the minimum or average available balances are not maintained
  • No charge for online banking
  • eStatements or paper statements available

PERSONAL SILVER MONEY MARKET ACCOUNT

  • $250,000.00 minimum opening deposit
  • Tiered interest is compounded daily and paid monthly
  • The number of withdrawals and transfers that may be made from this account each month is unlimited. The Bank, however, reserves the right to require a minimum 7 days prior written notice of such withdrawals or transfers
  • No monthly account maintenance fee or per item charge if a minimum balance of $2,500.00 or an average available balance of $3,500.00 or more is maintained
  • A monthly account maintenance fee of $14.00 plus $0.25 per check paid or deposited will apply if the minimum or average available balances are not maintained
  • No charge for online banking
  • eStatements or paper statements available

PERSONAL GOLD MONEY MARKET ACCOUNT

  • $500,000.00 minimum opening deposit
  • Tiered interest is compounded daily and paid monthly
  • The number of withdrawals and transfers that may be made from this account each month is unlimited. The Bank, however, reserves the right to require a minimum 7 days prior written notice of such withdrawals or transfers
  • No monthly account maintenance fee or per item charge if a minimum balance of $2,500.00 or an average available balance of $3,500.00 or more is maintained
  • A monthly account maintenance fee of $14.00 plus $0.25 per check paid or deposited will apply if the minimum  or average available balances are not maintained
  • No charge for online banking
  • eStatements or paper statements available

PERSONAL PLATINUM MONEY MARKET ACCOUNT

  • $1,000,000.00 minimum opening deposit
  • Tiered interest is compounded daily and paid monthly
  • The number of withdrawals and transfers that may be made from this account each month is unlimited. The Bank, however, reserves the right to require a minimum 7 days prior written notice of such withdrawals or transfers
  • No monthly account maintenance fee or per item charge if a minimum  balance of $2,500.00 or an average daily balance of $3,500.00 or more is maintained
  • A monthly account maintenance fee of $14.00 plus $0.25 per check paid or deposited will apply if the minimum or average available balances are not maintained
  • No charge for online banking
  • eStatements or paper statements available

SAVINGS ACCOUNT

  • $200.00 minimum opening deposit
  • Interest is compounded daily and paid quarterly
  • No monthly maintenance fee unless the minimum balance falls below $200.00, then $4 monthly maintenance fee
  • Transfers from a Savings Account to another account or to third parties by preauthorization, automatic, telephone transfer, or debit card are limited to 6 per month. There is a $7 charge for each withdrawal beyond the limit of 6
  • No charge for online banking

HIGH YIELD SAVINGS ACCOUNT

  • $200.00 minimum opening deposit
  • Higher tiered interest is paid for average collected balances of $100,000.00 and above
  • Tiered interest is compounded daily and paid quarterly
  • No monthly maintenance fee unless the minimum balance falls below $200.00, then $4 monthly maintenance fee
  • Transfers from a Savings Account to another account or to third parties by preauthorization, automatic, telephone transfer, or debit card are limited to 6 per month. There is a $7 charge for each withdrawal beyond the limit of 6
  • No charge for online banking

CERTIFICATES OF DEPOSIT

  • $1,000.00 minimum investment
  • Interest rates are tiered, based on the amount and term of the Certificate of Deposit
  • Terms available from 7 days to 5 years
  • The interest rate is fixed for the term of the Certificate of Deposit
  • Interest may be paid monthly, quarterly, semi-annually or annually
  • Interest paid by check, credited to a Regent Bank account, or reinvested in the Certificate of Deposit
  • Substantial penalty for early withdrawal
  • Automatically renewed unless otherwise requested

INDIVIDUAL RETIREMENT ACCOUNTS

An Individual Retirement Account (IRA) is your personal tax sheltered retirement plan that is invested in a Certificate of Deposit. Your contributions may be tax deductible, and the earnings may be tax deferred. Please consult with your tax advisor and/or attorney

  • $1,000 minimum
  • IRA fee of $20.00 assessed annually
  • Interest rates are tiered, based on the amount and term of the Certificate of Deposit
  • The interest rate is fixed for the term of the Certificate of Deposit. Simple interest is paid to the account annually or at maturity dependent upon the term
  • Certificates of Deposit are automatically renewed unless otherwise requested
  • Substantial penalty for early withdrawal

HEALTH SAVINGS CHECKING ACCOUNT (HSA)

A Health Savings Checking Account (HSA) is a special, tax-advantaged medical savings account owned by an individual. The funds are specifically delegated to pay for current and future medical expenses.

  • No minimum opening deposit.
  • No charge for online banking with bill pay
  • No charge for VISA debit card (pending approval)
  • Monthly account maintenance fee of $3.00 will be assessed regardless of the balance.
  • Electronic or paper statements available