Getting more for your hard-earned money is easier than ever. When you want value, convenience, and personal service, Coastal Commerce has the right plan for you. After reviewing the various savings plans listed below, please feel free to contact us with any questions you may have. See our Financial Tools page for help with structuring your savings plan.

Money Market Account • Personal Savings Account • Minor Savings Account
IRA Savings Account • Christmas Club Accounts

Money Market Account

• Our money market account pays interest on funds while giving you immediate access to those deposits.
• Service charge: $15 per month only if minimum balance falls below $10,000
• $10 per transaction fee in excess of regulatory limit
• Interest rates are tiered so you earn a higher rate on higher balances
• Minimum deposit to open account: $5,000

Return to Top

Personal Savings Account

Saving can be done easily with an automatic transfer from your checking account monthly or you can make deposits yourself; whichever you chose, “saving for a rainy day” and earning interest is always a good practice.

• Service charge: $3 per month only if minimum balance falls below $300
• $2 per withdrawal in excess of 2 per month
• $10 fee for early closure (less than one year)
• Minimum deposit to open account: $50

Return to Top

Minor Savings Account

Instill “saving for a rainy day” values in your little ones with a personal savings account just for them. They can watch their monies grow as they earn interest in their savings passbook and can plan for their future by using our investment calculators.

• No service charge for minors under the age of 18
• Service charge: $3 per month only if minimum balance falls below $300
• $2 per withdrawal in excess of 2 per month
• $10 fee for early closure (less than one year)
• Minimum deposit to open account: $50

Return to Top

Savings Individual Retirement Account

An IRA is an excellent way to supplement your retirement income.

• No service charge
• $1,000 minimum opening deposit
• Interest compounded monthly and credited to the account monthly

Christmas Club Accounts

Coastal Commerce Christmas Clubs earn interest throughout the year.

• No monthly service charge
• Automatic transfers made from your checking account weekly

Return to Top