The basis for any long-term financial security is making a habit of saving money. Volunteer State Bank has a variety of savings accounts that can help.

Regular Savings

With an opening deposit of $100, you can start earning interest on your money. Interest is compounded quarterly. Withdrawals are limited to six per month and are subject to an excessive withdrawal fee of $3 per withdrawal over six. Maintain a $100 balance and we’ll waive the monthly service charge of $3. The monthly service charge may be waived for minors until the age of 18.

Certificates of Deposit

For those who want higher rates of return on their money, consider purchasing a Certificate of Deposit. Volunteer State Bank CDs offer competitive rates and the flexibility of either automatically renewing at the end of the term or single maturity. We have terms starting at 90 days and extending to up to five years. For current rates, contact your local office.

Individual Retirement Account

Volunteer State Bank has a wide range of IRA options to meet your financial planning needs. Saving for school? An Educational IRA can be the security you need to ensure your education. Roth IRAs can offer tax benefits for those saving for retirement. We have IRAs with fixed and variable rates with terms ranging from 180 days to five years. Find out all you need to know about Volunteer State Bank IRAs by contacting your local office. It is recommended that you consult your tax advisor prior to opening an IRA.