Homestead Savings Bank Staff & Directors have donated 6.5 community hours in 2024.

Consumer Savings

Whether you are saving for Christmas, a vacation, a major purchase, or a rainy day, we can help you reach your financial goals. Browse our saving accounts below and find what best fits your needs.

Statement Savings

  • Earn a competitive rate of interest on your average collected balance
  • Avoid a $3 monthly maintenance fee by maintaining a $200 minimum daily balance
  • Interest paid quarterly
  • ATM card
  • Online banking and E-statements

Market Rate Savings

  • A higher rate of interest than our Statement Savings product
  • Rates are tiered based on your balance – the higher the balance, the higher your rate may go
  • Avoid a $25 monthly maintenance fee by maintaining a $10,000 minimum daily balance
  • Interest paid monthly
  • ATM card
  • Online banking and E-statements

Certificate of Deposit

  • Terms available from three months to five years
  • The longer you invest, the higher the interest rate
  • Monthly compounding of interest is available
  • Minimum opening deposit is $1,000