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Home > Personal > Savings & CDs > Savings Comparison

Choose the Savings Account that’s right for you.

Whether you want to save for a new car, vacation, a college education or a comfortable retirement, we have the savings account that’s right for you.

Account	Statement Savings Account [Apply Now]	Certificate of Deposit [Apply Now]	Individual Retirement Account [Apply Now]	Money Market Account [Apply Now]
Best for you if…	You want a basic savings account to set aside money for large purchases and unexpected expenses	You want to earn a high interest rate and don’t need access to your funds during the term you choose	You want a long-term, tax-advantaged way to save for your retirement	You want to earn a competitive interest rate that increases with your balance
How Interest is Calculated	Compounded and credited monthly	91-Day and 6 Month CD interest is compounded monthly and credited monthly 1, 2, and 3 Year CD interest is compounded daily and credited monthly	1, 2, and 3 Year IRA interest is compounded daily and credited monthly	Compounded and credited monthly
Free ATM Card
Free Online Banking		(View Only)	(View Only)
Free Telephone Banking
Check Writing				Up to 6 per statement cycle free of charge; $5 fee per excess check
Full Deposit Insurance
Minimum to open	$10	$2,500 for 91-Day and 6 Month CDs $1,000 for 1, 2, and 3 Year CDs	$500	$2,500
Monthly Maintenance Fee	$0	$0	$0	$0
Transaction Limitations	Limited to 6 transfers from Money Market Account to a Bank of Canton account or to third parties by preauthorized automatic payments, telephone transfer or check, draft, debit card or similar order to third parties.	Funds cannot be added to certificates of deposit during the term.  Funds may be added at maturity. Penalty will be imposed for early withdrawal.	Funds cannot be added to IRAs during the term.  Funds may be added at maturity. Penalty will be imposed for early withdrawal.	Limited to 6 transfers from Money Market Account to a Bank of Canton account or to third parties by preauthorized automatic payments, telephone transfer or check, draft, debit card or similar order to third parties.

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Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. B.O.C. Financial Services is a trade name of Bank of Canton. Infinex is not affiliated with the bank. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.

B.O.C. Life Solutions, LLC is a wholly-owned subsidiary of The Bank of Canton. The information provided on this website page is not legal advice, but general information on financial matters that involve commonly encountered legal issues. The Bank of Canton is not a law firm and its employees are not lawyers and cannot be a substitute for an attorney or law firm. The Bank of Canton cannot provide legal advice and can only provide informational services at your specific direction and request. The Bank of Canton and B.O. C. Life Solutions are not tax advisors. Please consult your tax advisor.