Century Online Banking


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Savings

Whether you are just getting started or would like to consider new savings options, Century Bank offers a variety of savings accounts that can suit your needs.

The rate of interest will vary depending on the minimum balance maintained during the month.

Want to know how much your initial deposit will be worth in 5 years? How much will you have to save each month to reach your savings goal? Use our online savings calculator to assist you with these and other financial questions.

KASASA SAVER

Build savings automatically while earning a high rate of return.

Kasasa Saver® makes saving simple — it links to your free Kasasa Cash® or Kasasa Cash Back® checking to help you build your savings every month.

When you earn cash rewards in your Kasasa® checking, those earnings transfer into Kasasa Saver. Plus, Kasasa Saver pays up to 0.75% APY!* That’s Kasasa at Century Bank & Trust —accounts that reward you for keeping your money local with us.

DETAILS
  • Links to free Kasasa Cash or Kasasa Cash Back checking
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
  • 0.75% APY* on balances up to $24,999.99
  • 0.75% to 0.35% APY on balances over $24,999.99 depending on balance in account*
  • 0.05% APY* if qualifications are not met on Kasasa Cash or Kasasa Cash Back
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online banking
  • Free mobile banking
  • Free eStatements
  • $50 minimum deposit to open
  • In person transfers from this account to another account in the bank or cash withdrawals are limited to six per month. There is a $5 excessive withdrawal (w/d) service charge exceeding this limit.
  • Federal banking regulation limits transfers to another account or to third parties by preauthorized, automatic, telephone, computer, or check to six transactions per month. There will be a $5 Excess MMD transaction charge for each debit exceeding this limit.

EARNING YOUR REWARDS IS EASY!

Qualifying for your Kasasa Cash or Kasasa Cash Back account automatically qualifies you for the highest Kasasa Saver rate too. To earn your rewards, just do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking

That’s it! And even if you don’t meet your qualifications during the month, your Kasasa® accounts are still free — and you’ll still earn our base rate of interest on Kasasa Saver. Plus, you can get right back to earning your full rewards the very next month.

Kasasa Cash (Stand Alone): When your Kasasa Cash account qualifications are met during a monthly qualification cycle, (1) balances up to $24,999.99 receive APY of 2.00%; (2) balances over $24,999.99 earn 0.249% interest rate on the portion of balance over $24,999.99, resulting in a range from 2.00% to 0.60% APY depending on the account’s balance (Assuming an average balance of $125,000); (3) you will receive reimbursements for nationwide ATM fees incurred during the qualification cycle. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle. When Kasasa Cash qualifications are not met, all balances in the account earn 0.05% and ATM refunds are not made. Minimum to open is $50.00. APYs accurate as of 01/16/2018. Rates and rewards are variable and may change after account is opened. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more business days from the date transaction was made to post to and settle to the account. “Monthly Qualification Cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. ATM processed transactions do not count towards qualifying debit card transactions. An ATM receipt must be presented within sixty (60) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher. Fees may reduce earnings. APY = Annual Percentage Yield. Limit one account per Social Security Number.
Kasasa Cash Linked To Kasasa Saver: When your Kasasa Cash account qualifications are met during a monthly qualification cycle, (1) balances up to $24,999.99 receive an non-compounding APY* of 2.00%; (2) balances over $24,999.99 earn 0.25% interest rate on the portion of balance over $24,999.99, resulting in a non-compounding range from 2.00% to 0.60% APY* depending on the account’s balance (Assuming an average balance of $125,000) (3) you will receive reimbursements for nationwide ATM fees incurred during the qualification cycle. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of the current monthly statement cycle and are automatically transferred to the linked Kasasa Saver account within one day. When Kasasa Cash qualifications are not met, all balances in Kasasa Cash earn a non-compounding APY* of 0.05% and ATM fee refunds are not made. Minimum to open is $50.00. APYs accurate as of 01/16/2018. Rates and rewards are variable and may change at our discretion after account is opened without notice to you. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more business days from the date transaction was made to post to and settle account. “Monthly Qualification Cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. ATM processed transactions, transfers between accounts, debit card purchases processed by merchants and received at our bank as ATM transactions, and purchases made with debit cards not issued by our bank, do not count towards qualifying debit card transactions. An ATM receipt must be presented within sixty (60) calendar days of transaction for reimbursements of individual ATM fees of $5.00 or higher. Fees may reduce earnings. APY = Annual Percentage Yield. Limit one account per Social Security Number. *The interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account. Automatic transfer may cause an overdraft to your Kasasa Cash account. Account approval, qualifications and rules apply. Contact institution for details. Member FDIC.

 

 

Regular Savings Account

Features and benefits:

  • Minimum to open is $50.
  • No minimum balance to earn interest
  • A $5 balance fee (in the service charge) will be imposed each month if the balance falls below $200 any day of the month.
  • In person transfers from this account to another account in the bank or cash withdrawals are limited to six per month. There is a $5 excessive withdrawal (w/d) service charge exceeding this limit.
  • Federal banking regulation limits transfers to another account or to third parties by preauthorized, automatic, telephone, computer, or check to six transactions per month. There will be a $5 Excess MMD transaction charge for each debit exceeding this limit.
  • A $10 account service fee may be charged for accounts closed within 6 months of the opening date.

Current Rates as of 2/20/2018

Account Interest Rate *APY
Savings less than $200 0.05% 0.05%
Savings $200 and over 0.25% 0.25%

Each tier described above reflects the minimum daily balance required to obtain the applicable *Annual Percentage Yield (APY). We use the daily balance method to calculate the interest on your account. We may change the interest rate on your account at anytime. Fees may reduce earnings.


Minor Savings Account

Features and benefits:

  • Available for children under the age of 18
  • Minimum to open is $50.
  • No minimum balance to maintain
  • No minimum balance to earn interest
  • In person transfers from this account to another account in the bank or cash withdrawals are limited to two per month. There is a $5 excessive withdrawal (w/d) service charge exceeding this limit.
  • Federal banking regulation limits transfers to another account or to third parties by preauthorized, automatic, telephone, computer, or check to six transactions per month. There will be a $5 Excess MMD transaction charge for each debit exceeding this limit.
  • A $10 account service fee may be charged for accounts closed within 6 months of the opening date.

Each tier described above reflects the minimum daily balance required to obtain the applicable *Annual Percentage Yield (APY). We use the daily balance method to calculate the interest on your account. We may change the interest rate on your account at anytime. Fees may reduce earnings.


Christmas Savings Account

Features and benefits:

  • Automated Savings Plan – Deposits are transferred from an existing account with Century Bank & Trust
  • Partial withdrawals or ATM transactions are not permitted.
  • A check will be mailed for the balance of the account on the first Friday of November
  • A $10 service charge will be imposed if the account is closed prior to maturity.

Current Rates as of 2/20/2018

Account Interest Rate *APY
Christmas Savings 0.25% 0.25%

*Annual Percentage Yield (APY). We use the daily balance method to calculate the interest on your account. We may change the interest rate on your account at anytime. Fees may reduce earnings.


1For additional information see our Fee Schedule or contact us.