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 goals.

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.