Passbook Savings Account

Savings account with a passbook

Interest is variable, on a tiered basis and is paid quarterly

There is a $2.00 per month service fee if the daily
collected minimum balance falls below $200.00.

  Statement Savings Account
Mailed monthly statement
Interest is variable, on a tiered basis and is paid monthly 
There is a $2.00 per month service charge if the daily collected minimum
balance falls below $200.00
ATM and Debit cards are available.

 Money Market Savings Account 

Variable interest rate that is tiered, with rate determined by the account balance
$5.00 monthly service charge, if the average collected balance falls below
$2,500
Statements are mailed monthly 
Maximum of six withdrawals/transfers are allowed per month.

Christmas Club Account

Savings account that begins in November and runs for 50 weeks
A check is issued in the amount of the account at the end of the 50 weeks
Interest rate is variable and is paid quarterly
Convenient way to save for holiday shopping, taxes, vacations, etc.

Youth Savings Account

Savings account for minors (age 21 and under)
No minimum balance requirements
Interest is variable, on a tiered basis as our regular savings accounts.

  Baby's First Savings Account

Bring your baby (up to one-year-old) into a Bank of Akron office, were we will open a new savings account and make the first $10 deposit as our gift! Add your baby’s picture to the Bank of Akron's “Young Depositors” Wall of Fame. It’s never too early to start saving!

We will need the baby’s social security card to open the account. There is no minimum balance requirement or service charges deducted from savings accounts for minors up to age 21. The $10.00 that we add to the account must remain on deposit for a minimum of 90 days.

Custodial Account for Minors - Uniform Transfer to Minors Account      

Savings account or Certificate of Deposit set up for the benefit of a minor until
he/she reaches the age of 21
The account is based on the social security number of the minor
A custodian is appointed who is responsible for the funds in the account until the
minor reaches 21 years of age, then account is closed and the funds are
transferred to the individual.

Pre-Arranged Burial Account 

Savings account that is titled in an individual's name with a funeral home as the
trustee. The purpose of this account is to set aside funds for the burial expense
of the individual.