Savings Accounts
At Park, we understand that saving for your future is important and want to help you set yourself up for a great financial future.
We have savings accounts for every age, from Youth Savings to HSA’s – you can even create your own savings account for whatever you’re saving for!
Savings Account Types
All kinds of savings accounts for all kinds of people.
At Park Community, your savings account is your ticket to membership. Once you’ve joined, you can access savings accounts for every need. Scan the options below and open an account to make savings simple.
Regular Savings
You can open a regular savings with as little as $5. Then you’ll have six months to reach the $200 minimum required to avoid monthly service charges. This minimum balance requirement is waived if you own another account at Park Community.
Youth Savings Account
A Youth Savings Account at Park Community is more than your ordinary savings account.
- No Minimum Balance and no fees.
- Access to 24-Month CerKIDicate certificates, starting at $100
HSA Account
If you have a high deductible health plan, consider opening a Health Savings Account at Park today. We pay interest on balances over $200 and none of that “use it or lose it” business. HSAs can help provide peace of mind on healthcare, and they may be completely tax deductible.
- No monthly service charge
- Interest paid on balances over $200
- FREE Wellness HSA Card from MasterCard
- Unused funds remain in your account, year after year
- HSAs are owned by the individual, not the employer
Share Certificates, Money Market’s and IRA
In addition to savings accounts, we at Park Community also offer a variety of share certificates, Money Market accounts, and IRA’s that fit your lifestyle.
Holiday Savings
Budget making is easy with a Holiday Savings Account at Park Community. Set aside a little each pay period and say goodbye to credit card debt. We’ll give you a competitive rate of return, and make it easy to contribute, through payroll deductions or direct deposit. Those holiday funds are available for withdraw on the first business day of October.1
Savings Jar
We have taken the concept of putting your extra change each day into a jar to the next level! Add the Savings Jar option to your account in Online or Mobile Banking, and with each debit card transaction you make, we round-up to the nearest dollar and sweep the extra change into the savings account of your choice.
1 Early withdrawal penalty may be imposed.
Savings Account Rates
Current Rates
If you’re looking to grow your money faster, check out our Share Certificates and Money Market Accounts.
Savings Accounts
| Account Type | Rate | APY* |
|---|---|---|
| Create Your Own | 0.150% | 0.15% |
| IRA Savings | 0.150% | 0.15% |
| Holiday | 0.150% | 0.15% |
| Just 4 Teens Savings | 0.150% | 0.15% |
| Parkie’s Pals | 0.150% | 0.15% |
| HSA | 0.150% | 0.15% |
| Regular Account | 0.150% | 0.15% |
*APY=Annual Percentage Yield. Rates as of 10/1/2024 and subject to change without notice. For more detailed information, call 502.968.3681.
Create your own.
Is there something special you want to save for? We can help. We have vacation accounts, home repair accounts. You name it and we’ll help you save for it. Contact a representative today your savings accounts needs.