Save for Your Future
View our savings accounts below and apply today!
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Savings Account Comparison
Thank you for your interest in a Rio Bank savings account. The account comparison table is an easy reference guide to help you find the best savings account to meet your personal needs.
| Product | Young Generation Savings Details | Prestige Savings Details |
|---|---|---|
| New Account Opening Options | In-Branch | APPLY NOW |
| Minimum Opening Deposit | $50 | $50 |
| Electronic Statement (E-Statement) | Available | Available |
| Monthly Service Charge | None | $5.76 |
| Minimum Balance to Avoid Imposition of Fees | None | $50 & over |
| Interest Paid Quarterly1 | 1 | 1 |
At this time you can only open an individual account online. To open a joint owners account, visit a Rio Banking Center.
1 Interest is accrued daily and paid quarterly on collected balances of $0.01 or over.
Young Generation Savings
Available to youngsters under 18 years of age.
- $50.00 minimum to open
- Quarterly mailed statement. Electronic Statement (E-Statement) enrollment available.
- Interest bearing account
- Interest is accrued daily and paid quarterly on collected balances of $0.01 or over
- You may make three (3) withdrawals per monthly statement cycle at no charge. Each additional withdrawal will result in a service charge fee of $4.76.
- This account is for customers up to 23 years of age
After the customer turns 24, the account will automatically switch to a Prestige Savings.
Prestige Savings
The perfect account for those who want to save for the future.
- $50.00 minimum to open
- If minimum daily balance is:
- $50.00 and over–NO CHARGE
- Under $50–$5.76
- Quarterly mailed statement. Electronic Statement (E-Statement) enrollment available.
- Interest bearing account
- Interest is accrued daily and paid quarterly on balances of $0.01 or over.
- You may make three (3) withdrawals per monthly statement cycle at no charge. Each additional withdrawal will result in a service charge fee of $4.76.