What is a savings account?

A savings account is a great way to reach your financial goals by saving money over time. Types of savings accounts include:

• Basic savings
• Money market
• Certificates of deposit

How does a savings account work?

A savings account provides a safe place to put cash that you don't need right away. It may accrue interest and can help you save money for a specific goal like a vacation or new vehicle, or provide funds for unexpected expenses.

All our savings accounts include:

• Branches in more than 25 states
• One of the largest ATM networks in America
• No surcharges at MoneyPass^® Network ATMs5

Find a branch or ATM near you, in the app or at locations.primeacebank.com

Disclosures

1. Variable rate account - Interest rates are determined at the bank's discretion and may change at any time. Speak to a banker for current deposit rates, disclosures on rates, compounding and crediting and other balance information.
2. This account requires an individual retirement account plan. Retirement Money Market accounts are only available at Prime Ace Bank branches.
3. If a non-Prime Ace Bank ATM Transaction fee applies, Prime Ace Bank will assess a fee for each ATM Transaction conducted at the Non-Prime Ace Bank ATM. Please refer to the disclosure for a summary of ATM Transaction fees. Additionally, Non-Prime Ace Bank ATM owners may apply a surcharge fee unless they participate in the MoneyPass^® Network. To find MoneyPass ATM locations, select "Show MoneyPass^® ATM Network locations" in the
4. The daily balance is the balance at the end of each business day, equal to the beginning balance for that day plus the current business day credits, minus the current business day debits. Business days are Monday through Friday; federal holidays are not included.
5. Average monthly collected balance - The average monthly collected balance is calculated by adding the principal in the account for each calendar day in the statement period and dividing that figure by the total number of calendar days in the statement period.
6. Account will be assessed the monthly maintenance fee when the youth reaches 18 years of age. In the event the youth is not currently a signer on the account, the youth must visit a branch with the custodian/guardian on the account to gain authority to access account funds.