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 or passbook. 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 good option for those in Massachusetts or Rhode Island who would like to:

• Avoid monthly maintenance fees (by maintaining a balance of $200 or more)
• 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.