Statement Savings
Build your savings with a statement savings account.
Just getting started saving? Saving for a car? Maybe a down payment on a house? Whatever your savings needs are, Brentwood Bank can help.Open Account Online
Deposit funds, earn interest and watch your balance grow in your statement savings account.
Benefits
- Earn a competitive interest rate on balances over $250
- Easy access to funds through ATM 24/7
- Transfer funds* between your checking and savings accounts
- $50 to open
- Fee and minimum balance requirement will be waived if a non-Kasasa checking account is also maintained
- No monthly fee if you maintain a $250 minimum balance
Rates
| Account Name | Minimum to Open | Minimum Daily Balance to Earn Interest | APY3 |
|---|---|---|---|
| Statement Savings | $50 | $250 | 0.10% |
| Kasasa Saver4,5 | $50 | $0 - $50,000 Over $50,000 All balances if qualifications not met |
0.50% 0.50% - 0.375% 0.05% |
| Passcard Savings | $50 | $250 | 0.10% |
| Holiday Club Savings | $50 | $250 | 0.10% |
| Kids Looney Tunes Savings Club | $1 | $50 | 0.10% |
Not sure which savings account is right for you?
The Fine Print
(Account Disclosures)
* Federal regulation prohibits you from making more than a total of six transfers each statement cycle to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties by check, point-of-sale purchase transactions with a banking card, pre-authorized or automatic agreements, telephone, or online. Other limitations may apply to your account. See your Account Agreement for Fee Schedule and additional information.
2 Fees may reduce earnings.
3 Annual Percentage Yields (APY) are based upon daily balance.
4 To earn rewards, simply perform the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:
- Have at least 12 debit card purchases posted and settled
- Be enrolled in and receive eStatements
- Log in to online banking
5 Must have Kasasa Cash or Kasasa Cash Back to enroll in Kasasa Saver.