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
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.