||Financial Services Designed to Meet Your Needs
Personal Banking - Savings
Saratoga National Bank offers a variety of
savings products created with you in mind. Each account is designed
to meet specific needs and provide you with a return on your investment.
We would be happy to provide you with additional information and
assist you in finding the best savings account to meet your financial
Savings Account Services
The Colt Account: The
Colt Account is designed for young savers under the age of 18. This
account has a nominal minimum opening deposit amount requirement.
There are no service charges associated with this account.
Thoroughbred Savings: This
basic savings account has a continual term, variable rate with a
low minimum deposit amount.
Thoroughbred Money Market:
This account offers money market rates with
minimum amounts to open and maintain for earning interest. There
are a limited number of withdrawals each month to avoid service
charges. There are no monthly maintenance fees.
Jockey’s Club / High Stakes / Triple
Crown Money Market Accounts: These
higher rate money market savings accounts are tiered, interest bearing
accounts. There are minimum deposit requirements to open and maintain
to avoid a monthly maintenance fee and earn interest.
Certificates of Deposit: Competitive
rate of interest offered based on the term of the certificate. Minimum
deposit required. Certificate may be used as collateral for Saratoga
National Bank loans. All Certificates of Deposit renew automatically
at the prevailing rate, penalty for early withdrawal. Certificates
of Deposit range in terms from 30 days to five years. Tax deferred
and Retirement Planning Certificates of Deposit are also available.
Individual Retirement Account: We
have retirement savings plans with many options. Establish a new
IRA, or transfer/rollover an existing account into a money market,
fixed rates or a fully managed account. There is a minimum deposit
amount to open.
Automatic Holiday Club: This
account earns a competitive fixed rate of interest and provides
for a systematic means of savings. It is by automatic deduction
only, based on aggregate deposits made over a 52 week period. Interest
is paid on all completed automatic deduction clubs.