SAVINGS ACCOUNTS
Riverside offers many savings options depending on your objectives. Call us for more information at 1.800.741.3283.
REGULAR SAVINGS
Allows You to Save Money and Collect Interest:
- Earns interest at the rate established by the Bank and paid quarterly on the average daily balance
- Maintain a minimum average daily balance of $300 to obtain the disclosed APY
- Interest is compounded quarterly
- Two withdrawals a month at no cost. (Excess withdrawals may be service charged $2.00 each)
- Federal regulations permit no more than 6 preauthorized, automatic, Internet or telephone transfers to your other accounts or third parties (including checks, drafts, debit cards or similar orders) per month
- Minimum of $50 to open the account
- Avoid a $3.00 monthly maintenance fee by maintaining a $300 minimum balance
- Same Day Deposits (In branch and drive thru deposits made weekdays by 6pm go into your account the same day)
- Full details of this product are described within the Truth in Savings Disclosure
YOUTH SAVINGS
Encourages Customers Below the Age of 18 to Save:
- Earns interest at the rate established by the Bank and paid quarterly on the average daily balance
- Any balance accures interest
- Interest is compounded quarterly
- Minimum of $10 to open the account
- No monthly maintenance fee until owner becomes 18 years old. Riverside reserves the right to convert to a Regular Savings account at that time
- Same Day Deposits (In branch and drive thru deposits made weekdays by 6pm go into your account the same day)
- Federal regulations permit no more than 6 preauthorized, automatic, Internet or telephone transfers to your other accounts or third parties (including checks, drafts, debit cards or similar orders) per month
- Full details of this product are described within the Truth in Savings Disclosure
