Personal Savings

Saving is different for everyone. It’s personal. And at any age, it’s an important part of building financial stability. Whether saving for a home, a vacation, a new car or simply an unexpected bill, Schuyler Savings Bank is committed to helping you achieve your personal financial goals. We offer competitive interest rates and FDIC protection on both Statement and Passbook Saving Accounts. At Schuyler, saving is simple!

Growing MoneyPassbook Savings

A traditional way to save. Easily track your deposits and withdrawals when visiting your local branch. Often used on accounts with a low transaction volume. $50.00 minimum to open, FREE direct deposit and FREE cashier’s checks (if payable to the account holder).

Statement Savings

No need to keep track of where you placed your passbook; statements are mailed to you monthly. $50.00 minimum to open, competitive interest rate (compounded daily), FREE ATM card, FREE online banking, direct deposit, and FREE cashier’s checks (if payable to account holder).

Kid Saver Account

It’s never too early to invest in the future, and teaching your child to save with our Kid Saver Account is both easy and fun! Your child can get their own savings passbook, and start earning interest with as little as $1.00 in their account. If they have a piggy bank filled with coin, bring it in and we’ll be happy to turn that coin into cool hard cash with our free coin counting machine.

  • Minimum initial deposit $1.00
  • $1.00 will be credited to the account at opening
  • No monthly service charge
  • Competitive interest rate
  • Unlimited deposits and withdrawals

Club Accounts

Save for the holidays or an upcoming vacation with a Schuyler Savings Club Account. Open your account any time by setting up an automatic transfer from another Schuyler checking or savings account. Simply choose the transfer amount ($10, 20 or $25) and frequency (weekly, bi-weekly or monthly), so you’ll never miss a payment! You can deposit any amount, any time. Our interest rates are competitive and, of course, your money is FDIC insured. When you open up a Holiday Club Account, you’ll also receive a free gift!

Holiday Club

Set-up automatic transfers from your checking or statement savings account. Deposit any amount, any time. Competitive interest rate. Receive a free gift at account opening! Check will disburse in October.

Vacation Club

Set-up automatic transfers from you checking or statement savings account; Deposit any amount any time; competitive interest rate; Check will disburse in April.

Money Market Accounts

Manage your finances, plan for a special purchase or save for an unexpected expense with an interest-bearing, easy access Personal Money Market Account. Schuyler Savings Bank offers two types -- both offer highly-competitive rates and are FDIC Insured. Choose the account that’s right for you!

Regular Money Market Account

  • $1000.00 minimum to open
  • Interest compounded daily and posted monthly
  • Passbook format
  • Free cashier’s checks if payable to account owner

Premium Money Market Account

  • 1st Tier $10,000 minimum to open. Balance requirement $10,000 to 49,999.99
  • 2nd Tier $50,000 minimum to open. Balance requirement $50,000 and up.
  • Interest compounded daily and posted monthly
  • Passbook format
  • FREE cashier’s checks if payable to account owner

Certificate of Deposits

At Schuyler Savings Bank, get a guaranteed return and peace of mind. Our Certificates of Deposit (CDs) range from 90 days to 60 months, offering a great fixed rate and the assurance that your money is safe. CD’s offer a low risk way to diversify your savings and earn a higher interest rate. With as little as $1,000 you can open a CD that’s FDIC insured. The longer you keep your money on deposit, the more you earn. Rest assured, fixed rates and flexible terms. Watch your money grow at Schuyler!

All of our Certificates of Deposit (CD’s) offer:

  • Competitive interest rates
  • Passbook format
  • Compounded daily interest
  • FDIC insured on balance up to $250,000.

Individual Retirement Accounts

Whether you’re just starting out or closing in on retirement, taking advantage of tax-deferred savings through your employer’s retirement plan, can help you grow your nest egg and achieve your financial goals. The tax-deferred growth that an IRA affords can also help you accumulate more for retirement -- thanks to the power of daily compounding! At Schuyler Savings Bank, we offer traditional, Roth, Sep and Education Savings Accounts. Our IRA Accounts offer very competitive rates, numerous Certificates of Deposit (CD) options and penalty-free withdrawals at age 59½. And, of course they’re FDIC Insured.

AccountTraditional IRARoth IRAEducation Savings


Fully deductible and tax deferred
$6,000 maximum contribution/ year for individuals under age 50. $7,000 maximum contribution/year for individuals age 50+.

Non-deductible and tax free
$6,000 maximum contribution/year for individuals under age 50. $7,000 maximum contribution/year for individuals age 50+.

$2,000 maximum contribution/year per child.

Each retirement account has its own unique tax benefits and savings opportunities. You should consult with your personal tax advisor for more detailed tax information regarding the various IRA options. For additional information or an application to open an account, visit or call one of our Customer Service Representatives.

View Our Interest Rates 


Go to Top