Personal Banking

Every Day

is a new chance to get the bank you deserve.

At Colonial Bank, FSB, personal banking is a combination of efficient banking products, competitive rates and good old-fashioned customer service. Every Day we offer the checking, savings and consumer lending options you need to make managing your money simpler. Don’t take our word for it, find out for yourself – contact us today.

Savings

The Bureau of Economic Analysis shows that the personal savings rate—the share of income left after consumption—fell from 12% in 1981 to just over zero today. Without a little cash stashed away, those rainy days can get pretty dreary. Don’t get caught in the vicious debt cycle. By combining some smart planning, a little discipline and the perfect savings account from Colonial Bank, FSB, you could help protect your present and your future.

Not sure what kind of account you need? Click here for assistance.

Passbook Savings

$50.00 minimum deposit to open this account.
A $2.00 monthly maintenance fee is imposed on an account whose balance falls below $100.00 on any day of the cycle.
Passbook must be presented for withdrawals.
No limit on number of monthly in person withdrawals.
May be opened by individuals, organizations and corporations.
Please visit rates for current interest information.

Statement Savings

$100.00 minimum deposit to open this account.
A $2.00 monthly maintenance fee is imposed on an account whose balance falls below $100.00 on any day of the cycle.
No limit on number of monthly in person withdrawals.
May be opened by individuals, organizations and corporations.
Please visit rates for current interest information.

Certificates of Deposit (CD's)

$1,000.00 minimum to open these accounts.
May be opened by individuals, organizations and corporations.
Terms for certificates of deposits range from 91 days to 84 months.
Interest rates are set by the bank and are fixed for the term of the instrument.
Substantial interest penalty may apply to early withdrawals.
Please visit rates for current interest information.
Jumbo rates quoted upon request.

Individual Retirement Accounts (IRA's)

$500.00 minimum deposit to open these accounts.
May be opened by any individual under the age of 70 ½ years who has earned income.
IRA's are available for various terms.
Interest rates are set by the bank and are fixed for the term of the instrument.
Substantial interest penalty may apply to early withdrawals.
Please visit rates for current interest information.
We offer many types of IRA's and retirement savings plans please contact you local office for further assistance.

Club Accounts

50-week account.
Available in many denominations of weekly payments.
Offered in Christmas and Vacation formats.
Please visit rates for current interest information.

Money Market Deposit Accounts

$2,500.00 minimum opening deposit.
A monthly service fee of $5.00 is charged if the balance falls below $2,500.00 any day of the cycle.
The account permits six (6) transfers per cycle.
Interest rates are set by the bank and can be changed at the discretion of the bank.
Tiered interest paid on minimum balances of $2,500.00 and over.
Image of checks are returned with periodic statement.
May be opened by individuals age 18 years or over, businesses and organizations.
Please visit rates for current interest information.

Money Market Deposit Accounts IRA

$100.00 minimum opening deposit.
Interest rates are set by the bank and can be changed at the discretion of the bank.
Tiered interest paid on minimum balances of $2,500.00 and over.
May be opened by individuals age 18 years through 70 ½ years who has earned income.
Please visit rates for current interest information.