Port City Savings

Free account that builds your savings effortlessly

• Free account that builds your savings effortlessly
• 1.00% APY¹ on daily account balances
• No monthly maintenance fees
• No minimum balance to earn rewards
• Free digital banking
• $100 minimum deposit to open

It’s so easy to earn your rewards.

Statement Savings Account

Earn competitive interest as you save for the future.

• Avoid the $6 quarterly service charge by maintaining a $100 minimum daily balance
• Service charges waived for minors 0-17 years of age
• $1 fee for withdrawals in excess of 6 per calendar quarter (if $100 minimum daily balance is not maintained)
• $100 minimum deposit to open

Christmas Club Account

Save up for holiday expenses year-round, while earning competitive interest.

• No monthly service charge
• No minimum balance requirements
• Make deposits at any time, in any amount you feel comfortable with
• Funds automatically released via cashier's check or transfer to another account on November 5th
• Interest will be paid at maturity
• $10 per withdrawal from account prior to maturity
• $20 minimum deposit to open

Money Market Account

Competitive, tiered interest rates paid on balances of $2,500 or more.

• Higher balances earn higher rates
• Enjoy flexibility with enhanced access to funds, including direct check writing:
• Unlimited in-person withdrawals or by mail
• 6 free transactions per month by pre-authorized automatic debit, telephone, checks, drafts, debit cards or other similar order
• Avoid the $8 monthly service charge by maintaining a $2,500 minimum daily balance
• $2,500 minimum deposit to open

Certificates of Deposit (CDs)

Earn a guaranteed, fixed interest rate for the length of your term.

• Wide range of terms available (from 7 days to 5 years)
• Provides more guaranty than other investments
• No setup or maintenance fees
• Early withdrawals subject to penalty
• Minimum deposit to open varies based on term

Individual Retirement Accounts (IRAs)

Competitive interest above standard savings rates.

• Traditional and Roth IRA options
• No setup fees
• No monthly or annual maintenance fees
• Annual contribution limits apply (see current contribution limits; $7,000 as of 2024)
• Additional "catch-up" contribution allowed for ages 50+
• Funds can be used to purchase CDs within IRA (terms from 1 to 5 years available)
• $250 minimum deposit to open

Health Savings Account

Greater personal control over healthcare management and expenses.

• Prepare for qualified medical expenses
• Earn interest above standard savings on entire balance
• An HSA provides triple tax savings:
• Tax deductions when you contribute to your account
• Tax-free earnings through investment
• Tax-free withdrawals for qualified medical, dental, vision expenses, and more*
• Contributions are tax-free and can be made by you, your employer, or a third party
• Funds can be withdrawn at any time
• Low $2.50 monthly service charge
• Unused funds remain in account year after year; no "use it or lose it" policy
• Keep your HSA in your name, regardless of career or life changes
• Federally insured by FDIC
• $50 minimum deposit to open