Savings
Smart Savings Solutions for Every Life
Discover Savings Made Simple
Pilot Grove Savings Bank makes saving feel easy and rewarding. Our savings options are crafted to support every stage of life and every type of goal. Families, students, young adults, and seasoned savers all trust us for dependable accounts backed by friendly service and flexible access.
Statement Savings Account
A Statement Savings Account gives you a secure place to grow your money with total convenience. Customers value the flexibility and open access these accounts provide. Children learning to save, parents planning ahead, and retirees protecting their future find confidence in this dependable account.
Key features include:
- No minimum balance requirements
- Unlimited deposits
- Easy transfers through online banking
- No service charges
- Competitive savings interest rates
- Interest may change at any time
- Interest calculated using the daily balance method
- Quarterly compounding and crediting
While there are no recurring maintenance fees associated with the Statement Savings Account; they are subject to fees listed in the Common Features Disclosure (PDF). Please refer to the Truth-in-Savings Disclosure and/or Common Features Disclosure available at all Pilot Grove Savings Bank locations for more information.
Christmas Club Account
Holiday expenses can add up quickly. The Christmas Club Account helps you prepare throughout the year with small weekly deposits that lead to stress free holiday shopping.
This account rewards consistent saving with interest credited annually. If a withdrawal is made before maturity, the account will close, keeping your holiday savings on track.
More benefits include:
- Accounts open during the first week of November
- Daily balance interest calculation
- Unlimited deposits
- Maximum balance of 2,000 dollars per account
- Maximum of 6,000 dollars per immediate family
- Checks mailed the first week of November
- No service charges
Visit any branch to start your Christmas Club Account.
Elementary School Savings Program
Pilot Grove Savings Bank proudly supports financial education through the Elementary School Savings Program. Started in 2004, this program now works with seven elementary schools and serves more than 350 student savers.
Students learn how banking works by participating in real savings activities at school. They strengthen math and social skills while building strong habits for the future.
We are honored to help students experience the value of saving in a fun and meaningful way. This program brings the convenience of a true bank right into the classroom while nurturing confidence and financial understanding.
Banking on the Go
Mobile banking offers quick access to balances, transfers, and account details from home or while traveling. Move money easily between your checking and savings accounts, and stay connected to your financial goals.Start Saving with Confidence
If you want a personal savings account or a savings option for kids, Pilot Grove is ready to help! Explore additional deposit options, including checking accounts, IRAs, and CDs, to round out your financial plan.
Open Your Savings Account Today
Visit your nearest Pilot Grove Savings Bank location and begin building your brighter financial future. Our team is here to answer questions and help you open the account that fits your goals. Your savings journey starts now.