| Money Market |
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$2,500 |
$2,500 minimum to earn interest and avoid $6 monthly service fee |
6 pre-authorized transfers from your account each statement cycle, but only 3 may be payments to third parties by check, draft, or similar instrument. |
Yes |
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The right combination of earnings potential and financial flexibility
- The flexibility of up to three checks and up to six pre-authorized automatic transfers or withdrawals each month.
- Maximize your earnings potential, while maintaining some access to your funds.
- Minimum deposit of $2,500 is required to open account and to earn interest and avoid $6 monthly service fee.
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| Statement Savings |
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None |
$500 balance to earn
interest. After 6 months, $500 balance needed to avoid $3 monthly service fee. |
6 pre-authorized transfers from your account each statement cycle, but only 3 may be payments to third parties by check, draft, or similar instrument. |
Yes |
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Perfect if you’re just beginning to save
- No minimum opening balance.
- The flexibility of up to three checks and up to six pre-authorized automatic transfers or withdrawals each month.
- After six months, minimum balance of $500 is required to avoid fees.
- Pays competitive interest rate on daily collected balances of $500 or more.
- Easy-to-read monthly statement is convenient and simple.
To open your Statement Savings account, visit your local branch. |
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| Passbook Savings |
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None |
$500 balance to earn
interest. After 6 months, $500 balance needed to avoid $3 monthly service fee. |
No ATM access, pre-authorized, or automatic transfers |
Yes |
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For the more traditional saver
- No minimum opening balance.
- After six months, minimum balance of $500 is required to avoid fees.
- Pays competitive interest rate on balances of $500 or more (must be maintained for entire quarter to earn interest).
- We keep records for you; bring passbook into branch for updating.
To open your Passbook Savings account, visit your local branch. |
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| Holiday Club |
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$5 |
$250 minimum at end of 52 weeks to earn interest |
52-week program; No ATM access, pre-authorized, or automatic transfers |
Yes |
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Easy way to save for those special gifts
- Open account with as little as $5.
- Deposit as much as you want – as often as you want.
- Regular, automatic transfers from another Provident Bank account make saving easier.
- $250 minimum balance required at end of 52 weeks to earn interest.
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| Kid Saver Account |
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None |
None |
6 pre-authorized transfers from your account each statement cycle, but only 3 may be payments to third parties by check, draft, or similar instrument. |
Yes |
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Because good savers start young
- Available to any child who can sign his/her name, with parent authorization.
- No minimum balance required.
- Available at select locations.
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| Custodial Passbook Account |
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None |
$100 balance to earn
interest. After 6 months, $100 balance needed to avoid $3 monthly service fee. |
Controlled by parent
No ATM access, pre-authorized, or automatic transfers |
Yes |
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Excellent for newborns and school banks
- Parent/custodian maintains control of account.
- No opening balance requirement.
- Minimum balance of $100 within 6 months required to earn interest and avoid $3 monthly service charge.
To open your Custodial Passbook Savings account, visit your local branch. |
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| Money Market Plus |
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$10,000 |
$5,000 balance to earn interest |
6 pre-authorized transfers from your account each statement cycle, but only 3 may be payments to third parties by check, draft, or similar instrument. |
Yes |
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With this account, the more you save, the more you earn. Benefit from:
- An interest rate that increases whenever your balance reaches one of these four levels: $5,000, $10,000, and $50,000.
- The flexibility of up to three checks and up to six pre-authorized automatic transfers or withdrawals each month all at no charge when you keep at least $10,000 in your account.
- Immediate, yet limited, access to your money via check, ATM or Internet.
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