Savings & Money Market
Put your excess funds to work
When you’re looking for an interest-earning account that allows you to grow your excess cash, but still need to keep the funds liquid for unexpected expenses, our Statement Savings and Money Market Investor accounts can help you maximize the savings potential of your money.
Statement Savings
- Variable interest rate
- No service fee if account requirements are met1
- Earn Annual Percentage Yield (APY) with a $100 minimum balance. See our disclosure for complete details
- Deposits and withdrawals can be made in any amount at any time. All funds withdrawn must be on collected balances
- Can be linked to a Wayne Savings checking account to cover overdrafts
- ATM service available
- Transaction limits apply. See our disclosure for complete details
Maximize Money Market
- Variable interest rates for balances $0 - $24,999.99 received are at 0.30% annual percentage yield (APY) and balances $25,000 and greater will receive an APY of 4.85%.
- $25,000 minimum balance to earn stated Annual Percentage Yield (APY).
- A monthly service charge of $15 when balance falls below $25,000 any day of the statement cycle.
- Your APY and interest rate are variable and may change. At our discretion, we may change the interest rate on your account.
- Interest is compounded monthly and credited on the cycle date (monthly). Service charges may reduce earnings.
- Combined total of checks written and electronic transactions may not exceed six (6) during the same cycle period.
- Statements sent monthly with check images (12 images per page) at no charge.
- You will get a monthly account statement (unless there are no electronic transactions in a particular month. In any case you will get the statement at least quarterly).
- See Personal Account Disclosure & Fee Schedule for further information.
Current Rates
Important Information:
1. Statement Savings account has no service fee, unless balance falls below $50, then a $5 monthly service fee applies.
2. Money Market Investor account has no service fee, unless balance falls below $2,500, then a $10 monthly service fee applies.
For complete account details, see our Business Banking Account Disclosures & Fee Schedule.