SAVINGS ACCOUNTS

At Legends Bank, we understand the importance of savings plans to help our customers reach their personal financial goals or have cash reserves for unexpected emergencies. Therefore, we offer a variety of services to assist you in having the money you need when you need it. At your request, we can also automatically transfer money from your checking to savings. The following savings plans have been designed to help secure your financial future. Stop by today and talk with any of our personal bankers. We are ready to discuss your individual goals and the best way to achieve them.

Legends Savings

This account helps you grow your balance with a variable rate of interest that is credited quarterly.

  • $100 minimum opening deposit
  • No quarterly service fee with $100 minimum daily balance
  • Earns competitive interest
  • Withdrawal and transfer limitations apply*
  • Online banking
  • E-statements or paper statements

Legends Partners Savings

This account is designed to help young people (ages 18 and under) develop a habit of saving money and learning financial responsibility.

  • $25 minimum opening deposit
  • Earns competitive interest
  • Withdrawal and transfer limitations apply*
  • E-statements or paper statements
  • No quarterly service fee

Christmas Savings Club

This account is specifically designed to help you save ahead for holiday shopping. In early November, we’ll send you a check for your balance and accrued interest, just in time for shopping.

  • $50 minimum opening deposit
  • Earns competitive interest
  • Automatic transfers from your checking account available
  • Penalty for early withdrawal*
  • E-statements or paper statements

Certificates of Deposit

Legends Bank can structure a Certificate of Deposit from three to 60 months to fit your individual needs.

  • $2,500 minimum opening deposit
  • Earns competitive interest
  • Online banking
  • Penalty for early withdrawal

Individual Retirement Accounts

An IRA is a special savings plan that lets you put aside money earned today for use in your retirement. Restrictions may apply. Call us for details about our Traditional, Roth and Education IRAs.

  • $100 minimum opening deposit
  • Earns competitive interest
  • Potential tax advantages
  • May be able to deposit up to $5,000
  • Penalty may apply for early withdrawal
  • Online banking

Health Savings Account

Our Health Savings Account can help you set aside pre-tax money to be prepared for expected or unexpected medical expenses, such as deductibles, co-pays, prescriptions and much more. Contact us today to enjoy the peace of mind that comes with being prepared.

  • Save money pre-tax for qualified healthcare expenses
  • Money rolls over from year to year
  • Contributions can be made by employers or individuals
  • Online banking
  • E-statements or paper statements
  • Debit card

* Federal regulations require banks to limit the way withdrawals may be made from savings and money market accounts. No more than six automatic transfers, online transfers or checks payable to a third party may be made during a calendar month or statement cycle of at least four weeks. Additionally, a bank fee will be assessed for each savings withdrawal made beyond three in a quarter and for each non-permissible money market withdrawal beyond six in a statement cycle.