Personal Savings

Whether saving for a new car or just a rainy day, Colonial Personal Savings is perfect for individuals who want a basic savings plan.

Account Features

  • Interest accrued on 100 percent of daily collected balance and paid at the end of the quarterly statement cycle
  • Two withdrawals per month at no cost*
  • No quarterly service charge if a minimum balance is maintained
  • Ability to link to a Colonial checking account for overdraft funding
  • Access savings account at ATMs with your Colonial Check Card**

 

Rates and Fees

You can waive monthly service charge

Maintain balance of:
$100 — Alabama, Georgia, Texas;
$300 — Nevada, Florida

Monthly service charge if minimum balance is not maintained

$5 — Alabama, Georgia, Central Florida, Florida West Coast, Texas;
$4 — Nevada, South Florida

Fee for more than two withdrawals per month

$2 — Texas
$3 — Alabama, Georgia and Florida 
$5 — Nevada

Dormant fee*** if no activity within the past two years and:
Balance less than $100 in Alabama or Georgia;
Balance less than $300 in Nevada;
Any balance in Florida

$5 — Alabama, Georgia, Nevada;
$10 — Florida;
$10 — South Florida;

 

 

*Federal Regulations limit the number of transactions in this account during any statement cycle (of at least four weeks) to a total of six transfers and withdrawals to another account of yours at Colonial or to a third party by means of a preauthorized or automatic transfer, or telephonic (including data transmission) agreement, order of instruction, draft, debit card, or similar order. Transactions at an ATM, in person, via mail, messenger or night depository are unlimited. Excessive transactions during two consecutive statement cycles will result in a change in account type to an account with unlimited transactions.
**No annual fee. Transactions at non-Colonial ATMs subject to activity fees.
***Account becomes dormant if no activity within past 12 months, regardless of account balance.

 

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