- $50 minimum deposit to open account
- Interest is earned on average daily balance, compounded daily, and paid monthly.
- $2 monthly service charge if daily balance falls below $100 (first month waived)
- ATM access
- eStatement only
- Variable interest rate
NOTICE: In response to COVID-19, the Board of Governors of the Federal Reserve System has changed Regulation D which limits the number of monthly transactions on savings accounts and money market accounts. From April 24, 2020 to October 31, 2020, savings accounts and money market accounts will NOT be limited to 6 transfers per month. In addition, we will eliminate the Excess Withdrawal Fee of $10 for those account types during this timeframe.
Withdrawal limitations: Regulation permits no more than six (6) combined withdrawals and/or transfers per month or statement period by means of a preauthorized or automatic transfer (e.g., automatic payments to an insurance company), drafts, telephone or online transfers, debit card, or check (for accounts with check privileges). Transfers to other Kentucky Bank accounts are counted as part of the six transaction limitation. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. Excess withdrawals over four (4) will be performed at a charge of $10.00 each.