Personal Savings & Money Market

Personal Savings Accounts

Clarkston State Bank understands the importance of saving funds and we want to be your financial partner. We have three excellent savings products designed to meet your needs with competitive rates. For the “young savers” (under 18 years of age) we offer a free Youth Savings Account with a minimal opening deposit.

Statement Savings
Money Market Savings
High Yield Money Market Savings


Statement Savings Account


Our statement savings account allows you to save funds without incurring any fees. With a low opening deposit you will begin to earn interest immediately. Interest is compounded and paid to the account quarterly at statement cycle time.

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Money Market Savings Account


If you have more funds to invest and want to earn a higher rate of interest our money market savings account will provide you flexibility earning a higher yield. Interest is compounded and paid to the account monthly at statement cycle time.

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High Yield Money Market Savings Account


This product is designed for the saver who has a large amount of excess cash but needs to keep the funds liquid and available for use. Our High Yield Money Market Savings account provides a higher rate of interest which is compounded and paid to the account monthly at statement cycle time.

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Our personal savings accounts also provide the following additional FREE services:

  • Free Online Banking
  • Free Electronic Statements
  • Free Automatic Transfers*
  • Free Night Deposit Service
  • Free Mobile Web Banking App
* Transfers are limited to six per statement cycle and include preauthorized or automatic transfers, telephone transfers or electronic withdrawals. There are no limits on the number of withdrawals in person at a branch or at an ATM.


Account Details

Features Statement Savings Money Market Savings High Yield Money Market Savings
Minimum opening deposit $100 $1000 $100,000
Monthly maintenance fee None None $50
Min balance to waive monthly maintenance fee Not applicable Not applicable $100,000
Interest earned Variable* Variable* Variable*
Minimum balance to earn interest $1 $5,000 $100,000
Compound method Quarterly Monthly Monthly
Interest payment frequency Quarterly Monthly Monthly
Statement cycle Quarterly Monthly Monthly

* Earns a variable rate of interest on a tiered rate schedule based on account balance.

Interest Rates

Statement Savings Account

Interest Rates & Tiers Rate APY
Tier 1 $0 – $9,999.99 0.05% 0.05%
Tier 2 $10,000.00 & above 0.05% 0.05%

Money Market

Interest Rates & Tiers Rate APY
Tier 1 $0 – $4,999.99 0.00% 0.00%
Tier 2 $5,000.00 – $24,999.99 0.05% 0.05%
Tier 3 $25,000.00 – $49,999.99 0.05% 0.05%
Tier 4 $50.000.00 – $99,999.99 0.10% 0.10%
Tier 5 $100,000.00 & above 0.15% 0.15%

High Yield Money Market Savings Account

Interest Rates & Tiers Rate APY
Tier 1 $0 – $99,999.99 .00% .00%
Tier 2 $100,000.00 – $249,999.99 .75% .75%
Tier 3 $250,000.00 – $499,999.99 1.00% 1.00%
Tier 4 $500,000.00 – $999,999.99 1.10% 1.11%
Tier 5 $1,000,000.00 & above 1.15% 1.16%

APY = Annual Percentage Yield
The interest rate stated is variable and may change after account opening.
Fees may also reduce earnings.
Rates and balance tiers for checking, savings, CD’s and IRA CD’s are applicable as of the effective date and may be subject to change at Clarkston State Bank’s discretion.