Savings Accounts

Rockford Bank & Trust offers multiple savings account options to make it easier to save for your future.

 

Rockford Savings

  • $100 Minimum Opening Deposit
  • $200 Average Daily Balance Minimum Balance Requirement
  • $2 Monthly Service Charge (if below minimum)
  • Unlimited Withdrawals on site, Withdrawals not conducted in person are limited to 6 per month
  • Variable Interest
  • Interest Calculated - Simple
  • Interest Paid Quarterly
  • No ATM Card Annual Fee
  • Free Non-RB&T ATM Transaction Fee*


Rockford Money Market

  • $1,000 Minimum Opening Deposit
  • $1,000 Average Daily Balance Minimum Balance Requirement
  • $10 Monthly Service Charge (if below minimum)
  • Unlimited Withdrawals On Site, Withdrawals not conducted in person are limited to 6 per month
  • Variable Interest
  • Interest Calculated - Simple
  • Interest Paid Monthly
  • No ATM Card Annual Fee
  • Free Non-RB&T ATM Transaction Fee*


Holiday Savings

Savings account designed to encourage saving for the holidays.

  • $10 Minimum Opening Deposit
  • No Minimum Balance Requirement
  • No Monthly Service Charge (if below minimum)
  • Annual Withdrawal at Renewal Date
  • Variable Interest
  • Interest Calculated - Simple
  • Interest Paid Annually 


Student Savings

Savings account for full time students 25 years of age and under.

  • $10 Minimum Opening Deposit
  • No Minimum Balance Requirement
  • No Monthly Service Charge
  • Unlimited Withdrawals On Site, Withdrawals not conducted in person are limited to 6 per month
  • Variable Interest
  • Interest Calculated - Simple
  • Interest Paid Quarterly
  • No ATM Card Annual Fee
  • Free Non-RB&T ATM Transaction Fee*


KidsROCK Savings Plan

Rockford Bank & Trust knows the importance of saving at any age. That's why we've introduced our new KidsROCK Savings Program for students ages 18 and under. It's a great way for students to watch their money grow while earning the following rewards:

  • First Deposit Reward: The first KidsROCK deposit will be matched by Rockford Bank & Trust up to a maximum of $10.00
  • Report Card Reward: At the end of each school year, student presents final official report card and will receive $1.00 for each A (highest equivalent score) up to $5.00.
  • Savings Goal and Birthday Reward: When a student reaches $100.00 savings account balance for the first time, or they make a $10.00 minimum deposit to their savings account during the month of their birthday, they will receive a non-monetary gift such as a piggy bank, tote/backpack, etc.
  • Graduation Reward: When a student graduates from High School, he or she will receive $25 if their funds are transferred to another checking or savings account at Rockford Bank and Trust.

Opening a KidsROCK Saving Plan is easy, just stop to either Rockford Bank & Trust location to speak with a bank representative.

*Rockford Bank and Trust does not charge fees, however non-RB&T ATM owners may assess fees.