Personal Deposit Products > Savings
Bank of Grove offers two
different savings accounts to assist you in preparing for future
financial needs. Call us for more information or
come by and
visit with a personal banker to open your account.
Regular Savings Account
Our Regular Savings Account has
no minimum opening requirement and no monthly maintenance fee if the
average daily balance is kept above $200. This account earns a
competitive interest rate. Free unlimited deposits and up to
three withdrawals per month ($1 fee for each withdrawal in excess of
three per month).
Silver Dollar Savings Account
Teach your kids to save with a
Silver Dollar Savings Account. There are no minimum requirements to
open this account and no monthly maintenance fee for children under
age of 13. This account earns a competitive interest rate and quarterly statements. Unlimited
deposits and up to one withdrawal per month ($1 fee for each
withdrawal in excess of one per month).
Important Deposit Account Disclosure Information:
- Fees are subject to change with prior notice, at the bank's
- Fees could reduce earnings on interest-bearing accounts.
- Balance Computation Method.We use the daily balance method
to calculate the interest on your account.
This method applies a
daily periodic rate to the collected balance in the account each
- Complete deposit account disclosures containing terms and fee
information are available upon request.