Traditional Savings

Gateway’s Traditional Savings Account

Our Traditional Savings Account is helpful for storing your extra money in a safe place and earning interest while it’s waiting for use. This account is ideal for anyone who wants to put money away for emergencies or future purchases.

Account at a glance

Minimum opening deposit$1
Minimum balance required to avoid service chargeNo minimum balance requirement.
Monthly charge if your account goes below the minimumN/A, no minimum balance.
Earns interestYes
Free online bankingYes
Free online bill payNo
Additional benefitsThree (3) free withdrawals/debits per month ($2 for each one after that). Interest will be compounded and credited quarterly.
Important notesUnlimited withdrawals in person. Federal Regulation and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a savings account by telephone/PC transfer, pre-authorized transfer, check or debit card. You are limited to 6 withdrawals and/or transfers from your savings account each monthly statement cycle by pre-authorized transfer, or telephone/PC transfer (including bill payments). And, if the account permits transfers by check or debit card, no more than 3 of 6 limited transferes may be by check or debit card.

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