Savings Accounts
Regular Savings
Open a Principal Bank Regular Savings account with just $100 and enjoy:
- Competitive interest paid on entire balance
- Free transfers between Principal Bank accounts
- 24-hour account access -- online or on the phone
- Overdraft protection for your Principal Bank checking account
- Free ATM card with no Principal Bank fees
- Average monthly balance of $200 required to avoid monthly maintenance fee of $3.00
Money Market Savings
Money Market Savings accounts offer rates that grow with your balance.
Open a Principal Bank Money Market account and take advantage of an investment opportunity that provides easy access to your money plus competitive interest rates. You'll enjoy these great benefits:
- Tiered interest rates: higher rates for higher balance
- Six free withdrawals per month, three of which may be by check or other means to third parties
- Free checks
- 24-hour account access -- online or on the phone
- Free ATM card with no Principal Bank fees
The following requirements apply to Principal Bank Money Market accounts:
- $2,500 minimum initial deposit
- $5,000 minimum balance requirement
- $10 fee each month balance falls below $5,000
- $10 fee for each transfer to third parties by check or other means over three per statement cycle
Rates are variable and may change after the account is opened. See rates. Fees may reduce earnings.
- See Terms and Conditions and Required Disclosures for additional information.
Advantage Savings Account
A high-yield savings account with interest rates indexed to the Federal Funds rate to ensure that your interest rate remains competitive.
- Tiered interest rates: higher rates for higher balances
- 24 hour account access online or on the phone
- Three free withdrawals each month
- Transfer to your Principal Bank checking account online or over the phone
- Transfer funds to your account at another Financial Institution electronically through the Automated Clearinghouse (ACH).
- Wire funds to your account at another Financial Institution
- Cashier's check mailed to you
The following requirements apply to Advantage Savings Accounts
- $25,000 minimum opening deposit
- $25,000 minimum balance to avoid $25 monthly maintenance fee
Interest rates are variable and are indexed to the Fed Funds rate. See current rates.
