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Saving Accounts

Personal Savings Accounts

You have big plans and Kensington Bank is here to help.

Whether it’s a down payment on a new home, that big vacation, or just a rainy day, Kensington Bank has your future covered.

Which Savings Account is Right for You?

Rewards SavingsMoney Market SavingsBasic Savings


Account Requirements

Rewards Savings


Active Rewards Checking Account

Money Market Savings


None

Basic Savings


None


Minimum Opening Deposit

Rewards Savings


$25,000

Money Market Savings


$2,500

Basic Savings


$25


Minimum Daily Balance

Rewards Savings


$25,000

Money Market Savings


$2,500

Basic Savings


$25


Interest Rate

Rewards Savings


Tiered:
  • $0 - $24,999
  • $25,000 - $99,999
  • $100,000+

Money Market Savings


Tiered:
  • $0 - $24,999
  • $25,000 - $99,999
  • $100,000+

Basic Savings


Variable Annual Percentage Yield


Fall Below Fee

Rewards Savings


None
$10/monthly if minimum daily balance not met (plus interest rate reduction to the Basic Savings rate for that cycle)

Money Market Savings


$5 Monthly Fee if minimum daily balance not met

Basic Savings


$5 Quarterly Fee if minimum daily balance not met


Additional Benefits

Rewards Savings


Free Digital Banking

Money Market Savings


Free Digital Banking

Basic Savings


Free Digital Banking

Special Perks for Youth Ages 0-18

Open a Basic Savings Account and enjoy these benefits:

$5 minimum to open
Gift when you open your account
No minimum balance required & No fees
Other fun benefits!


Stop by any of our offices, give us a call at (866) 965-2419, or contact us.

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