COVID -19 Update

Our lobbies remain closed until further notice. Drive-ups remain open at both locations. Loan officers and personal bankers are available by appointment. Please contact us at 608-764-5411 or webgeneral@bankofdeerfield.com.

Skip to Content
Close Icon

Savings Accounts

Your Savings. Your Way.

You should be able to save the way you want. Maybe you want an account with limited fees and no balance requirements. Or, maybe you want an account that allows you to earn higher interest rates when you keep a higher balance. At Bank of Deerfield, we give you options when it comes to choosing the right savings account. You can learn more about our savings options by completing our online savings account inquiry.

Inquiry for New Account

Image of woman putting money in piggy bank

Compare Our Savings Accounts

  Minimum Balance to Open Interest Bearing ATM/Debit Card Online Banking Statements BillPay Access Mobile Banking Debit Withdrawal Fee Mobility Mobile Deposit Minimum Balance to Avoid Maintenance Fee Monthly Maintenance Fee
Statement Savings None ATM Quarterly ✔¹ $200.00 Daily Balance $1.00²
Christmas Club None None Quarterly None None None
Insured Money Market $2,500.00 Debit Monthly None $1,000.00 Average Daily Balance $7.00
Advantage Money Market $10,00.00 ✔³ Debit Monthly None $2,500.00 Daily Balance OR Average Daily Balance of $5,000.00 $10.00
Statement Savings IRA $250.00 None Quarterly None None None None None
Statement Savings IRA None ✔³ None Quarterly None None None None None
  Statement Savings Christmas Club Insured Money Market Advantage Money Market Statement Savings IRA Health Savings Account
Minimum Balance to Open None None $2,500.00 $10,00.00 $250.00 None
Interest Bearing ✔³ ✔³ ✔³
ATM/Debit Card ATM None Debit Debit None None
Online Banking
Statements Quarterly Quarterly Monthly Monthly Quarterly Quarterly
BillPay Access None None
Mobile Banking None None
Debit Withdrawal Fee ✔¹ None None None None None
Mobility
Mobile Deposit
Minimum Balance to Avoid Maintenance Fee $200.00 Daily Balance None $1,000.00 Average Daily Balance $2,500.00 Daily Balance OR Average Daily Balance of $5,000.00 None None
Monthly Maintenance Fee $1.00² None $7.00 $10.00 None None

¹ If the minimum balance to avoid the maintenance fee is not maintained, a $0.50 per atm ATM or debit withdrawal in excess of the three.

² No maintenance fee on account if account holder is under 18 years old and/or the minimum balance is maintained.   

³ Tiered Rate Accounts. Pay interest on the full balance of your account at the disclosed interest rate for the deposit tier which lists your account balance.