Savings
Savings for Your Personal Style
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Putting money aside in a savings account is easy at Chemung Canal, because we can help you find just the right style of saving for you.
| ![]() Personal Savings | ![]() Youth Savings | ![]() Holiday Club | ![]() Money Market | ![]() Prestige |
---|---|---|---|---|---|
Which is Right for You? | Basic savings account | Customers ages 21 and under | Help save for holiday expenses | Check-writing convenience with money market interest rates | Money Market Account featuring check-writing convenience with higher money market interest rates |
Earns Interest? | Yes | Yes | Yes | Yes - Tiered | Yes - Tiered |
Minimum Opening Deposit | $25 | $1 | $2 | $1,000 | $25,000 |
Minimum Balance Requirement | $250 | $1 | None | $1,000 or more to earn interest | $1,000 or more to earn interest |
Monthly Service Charge | $3 if below minimum balance | None | None | $10, if daily ledger balance is less than $1,000 | $15, if daily ledger balance is less than $25,000 |