Savings Accounts

Let Hancock Savings Bank help you save for what you need.

Statement Savings

Money Market Demand

Premium Money Market

Christmas Club

Statement Savings

Money Market Demand

Premium Money Market

Christmas Club

Statement Savings Account

Our Statement Savings Account offers you a convenient way to save. With your statement savings account, you will receive a monthly statement so that you can easily monitor the transactions you’ve completed and the interest you’ve earned each month.

FEATURES
Open this account with as little as $25.

No fee if you maintain a daily balance of just $50.

Interest is compounded daily and credited on a monthly basis.

Minimum daily balance of $100 to obtain the annual percentage yield.

This account can be used as collateral for a Share Loan.

OPEN AN ACCOUNT:

CURRENT CUSTOMERS

NEW CUSTOMERS

Money Market Demand Account

Our Money Market Demand Account (MMDA) offers you a savings account with limited check writing privileges. With your MMDA, you will receive a monthly statement that will include images of any checks you have written.

FEATURES
An initial deposit of $1,000 to open this account.

No fee if you maintain a daily balance of $2,000.

Interest is compounded and credited on a monthly basis.

Limited check writing ability with minimum check amount of $100.

Minimum daily balance of $2,000 to obtain the annual percentage yield.

OPEN AN ACCOUNT:

CURRENT CUSTOMERS

NEW CUSTOMERS

Premium Money Market Demand Account

Our Premium Money Market Demand Account, just like our Money Market Demand Account (MMDA), offers you a savings account with limited check writing privileges. However, the interest rate is tiered depending on your balance. With your Premium MMDA, you will receive a monthly statement that will include images of any checks you have written.

FEATURES
An initial deposit of $10,000 to open this account.

No fee if you maintain a daily balance of $10,000.

The interest rate paid is based on the daily balance and will be compounded and credited on a monthly basis.

Limited check writing ability with minimum check amount of $100.

Minimum daily balance of $10,000 to obtain the annual percentage yield.
RATE TIERS

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CURRENT CUSTOMERS

NEW CUSTOMERS

Christmas Club Account

Our Christmas Club Account is a great way to save money for the holidays.

FEATURES
Open this account with as little as $10.

Minimum daily balance of $0.01 to obtain the annual percentage yield.

Annual statement generated as of December 31st.

Account will mature in October.

At maturity, account balance can be issued in a check or transferred to another deposit account.

Option to receive account activity monthly if combined with a monthly statement account.

Account will remain open by making a deposit before the end of the first quarter.

OPEN AN ACCOUNT:

CURRENT CUSTOMERS

NEW CUSTOMERS

RELATED SERVICES

Checking Accounts

Individual Retirement Accounts - IRAs

Certificates of Deposit

Deposit Rates

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