Personal Savings & CDs

That old saying, “Like money in the bank” couldn’t be more true. Savings fund education, retirement, home and car purchases, and create a safety net for the unexpected. We urge everyone to get into the savings habit by providing convenient accounts for people of every age and background with the most attractive interest rates possible.

 

Product Features

AxisSavings™

A savings account that revolves around the way you choose to save with unlimited ATM fee rebates worldwide1, no fees and no minimum balance requirement. 

  • Unlimited ATM cash withdrawal fee rebates worldwide1
  • No monthly maintenance fees
  • Interest earned on all balances
  • Must enroll in eBanking and select eStatements option to avoid a $2 monthly service charge
  • Minimum opening deposit of $1

Rate is subject to change after account opening. Fees may reduce the earnings on the account.
1Unlimited ATM fee rebates apply to cash withdrawals using your ATM card at all participating Accel and Cirrus ATMs worldwide. ATM fee rebates do not apply to any fees other than those assessed for using an ATM to withdraw cash from your Boiling Springs savings account. Boiling Springs makes its best effort to identify those ATM fees eligible for rebate, based on information it receives from ATM operators. Boiling Springs reserves the right to modify or discontinue the ATM fee rebate at any time.
During any statement cycle, per Reg D, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. These limits do NOT apply to cash withdrawals from your account or to fund transfers made to another Boiling Springs Savings Bank account if conducted by mail or at an ATM.

Switch & Save

Eligible Checking Account + .25% APY* CD BONUS RATE
on a 12-Month, 24-Month or 36-Month CD

Looking for a not-so-big bank that delivers great service and competitive rates? Come see us at Boiling Springs Savings Bank. Now is the perfect time to try us out… with this special bonus CD rate when you open an eligible checking account with a debit card and direct deposit. Don’t wait, switch and save today!

*Eligible checking account with debit card and monthly recurring direct deposit of $500 or more required. All checking accounts except Alliance Checking and Small Business Checking are considered eligible. The first direct deposit is required within 90 days of account opening. Bonus CD rate applies to 12-Month, 24-Month or 36-Month CD terms only. All CDs are based on balances of $1,000 or more. Minimum deposit of $1,000 required. Penalty for early withdrawal. A bonus .25% APY (Annual Percentage Yield) will be added to the current CD rate. Bonus APY is only applicable to the initial term of the CD. If the checking account or debit card are closed prior to the bonus CD maturity date, the CD account will revert back to the regular rate for that term. Only one Special CD may be opened per new checking account. All CDs are available for IRA deposits. Offer may be withdrawn without notice. Other terms and rates available. New Checking Accounts ONLY.

Simply-Safe Savings

It’s peace-of-mind banking for your high balances. Our Simply-Safe Savings Account offers a great rate and key features for added safety and security.

  • Earn interest monthly, from day of deposit to day of withdrawal
  • ATM card
  • Minimum opening deposit of $5
  • Monthly service charge of $1 for balances below $100
  • Tiered interest rates 

New Money ONLY. During any statement cycle, per Reg D, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. 

Holiday Savings and Special Occasion Savings

Want to get ready for the holidays or special occasions? That special gift you know they want? We make it easy! 

  • Interest earned on all account balances
  • Holiday Savings checks issued each October
  • Minimum opening deposit of $3
  • Special Occasion Savings checks issued each April
  • Account duration is for fifty weeks with a check for the account total mailed to the account holder at maturity

During any statement cycle, per Reg D, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. 

Certificates of Deposit

This is a great way to save money with competitive rates in a variety of options for your financial needs. 

  • From ninety-one days to five year terms with the interest rate locked in for the entire term
  • Minimum opening deposit of $1,000 or $5,000 based upon term 
  • At CD maturity we notify you to help you plan your investment options
  • Penalty may apply for early withdrawal