Savings Plans

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Save for Whatever Your Future Holds

Saving money is a skill that serves you well throughout your life. At State Bank of Herscher, we make it easy for you to start saving toward your goals, whether it’s a new car, a dream vacation, or simply for a rainy day.

Learn about the benefits of our Statement Savings, Christmas Club, and Health Savings Accounts below. You can also use our Monthly Savings Calculator to determine how much you need to save each month to hit your goal.

Statement Savings

Jumpstart your savings with our Statement Savings account. It only requires $100 to open, earns quarterly compound interest, and is credited on the last day of each quarter.* Other benefits and features of our Statement Savings account include:

  • Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account monthly.
  • If the balance falls below $100 during the month, a monthly $5.00 service fee will be assessed (under age 21 excluded).
  • A $1.00 charge per withdrawal begins with the seventh withdrawal during any calendar month.
  • Any account overdrawn by an electronic transfer will receive a $45.00 service charge.

Christmas Club Savings

The holiday season can be hectic. Do yourself a favor and avoid financial stress by saving year-round for the holidays with our Christmas Club Savings account.

Open the account with as little as $5, and contribute to it all year long. Accrued interest is credited to and compounded at Club year-end.* Checks are mailed in early October, just in time to give you a nice bump before the holidays begin.

Come see us in Herscher or Limestone today to open your savings account!

*Closing the account before interest is credited forfeits the interest accrued. Interest rate is subject to change at bank's discretion.


Monthly Savings Calculator

Have a particular savings goal in mind? Use this calculator to see how much you need to save each month to reach your goal.

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