Commonwealth Bank and Trust Company

Savings Accounts

Statement Savings

Whether you want to save a little or a lot, you will earn interest plus have easy access to your account.

Minor Statement Savings

This is a great starter savings account and is designed specifically for children under the age of 18. Once the customer reaches 18 years of age, the Minor Statement Savings Account will be transferred to a Statement Savings Account. Interest is earned on all balances.

Prime Savings

This account is ideal for customers wanting to save money but still have easy access to it. Opening deposit requirement is $5,000 not currently deposited at CBandT, along with a primary checking account (Personal or Business).

To view our current Savings Accounts rates, click here.

IRA Savings

IRA Savings can be used when your IRA has matured, but you do not yet have plans for the money. There is also an option to put money into an IRA without specifying any particular term. Consult a tax adviser for guidance.

To view our current IRA Savings rates, click here.

U.S. Savings Bonds
We are pleased to offer our customers the opportunity to open U.S. Savings Bonds via the Treasury Department's online system. By clicking on the link below, you will be taken directly to their site in order to open a U.S. Savings Bond.

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