Statement Savings Account

Saving for the Future

A Statement Savings account from Bristol County Savings Bank allows you to earn interest while enjoying the convenience of unlimited in-person or ATM withdrawals. This type of savings account also offers a detailed monthly statement. This may be the right choice for those looking to save for an upcoming purchase, or to save for the longer term. Statement Savings accounts may be a good option for those in Massachusetts or Rhode Island who would like to:

• Avoid monthly maintenance fees by maintaining a minimum daily balance of $200
• Keep track of savings through monthly statements
• Save for a future purchase, such as a vehicle or a vacation
• Save money for a down payment on a home, or other large purchase

There are many reasons to consider a Statement Savings account, rather than other types of savings products. Maintaining a Statement Savings account can help your savings grow over time by earning interest, while allowing you access to your funds when you need them.