Savings Accounts

Cheston Bank offers a range of savings products designed to help you grow your wealth responsibly and securely.

Cheston High-Yield Savings

Maximize your savings with competitive APY and flexible access.

Features:
  • High interest rate
  • No monthly fee with minimum balance
  • FDIC insured up to $250,000
Benefits:
  • Grow your savings faster
  • Online & mobile access
  • Automatic transfers available

Minimum Balance: $2,500 | Interest Rate: 4.25% APY | Monthly Fee: $0

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Standard Savings

A simple, secure savings account for everyday goals.

Features:
  • Daily interest compounding
  • Automatic deposits
  • Easy account management
Benefits:
  • Save for short-term goals
  • Accessible online and via app
  • Low minimum balance requirements

Minimum Balance: $100 | Interest Rate: 0.40% APY | Monthly Fee: $3 (waived with $100 minimum balance)

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Youth Savings

Encourage young savers to start early with no fees.

Features:
  • No monthly fees
  • FDIC insured
  • Educational resources for children
Benefits:
  • Build financial literacy
  • Parental oversight
  • Mobile banking for teens

Minimum Balance: $0 | Interest Rate: 1.00% APY | Monthly Fee: $0

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12-Month Certificate of Deposit (CD)

Lock in a guaranteed rate for 12 months with attractive APY.

Features:
  • Fixed interest rate
  • Minimum deposit $1,000
  • Automatic renewal option
Benefits:
  • Predictable growth
  • Safe investment
  • Penalty-free withdrawal options after 7 days

Minimum Balance: $1,000 | Interest Rate: 5.15% APY | Monthly Fee: $0

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24-Month Certificate of Deposit (CD)

Secure longer-term growth with a higher APY for 2 years.

Features:
  • Fixed rate
  • Automatic renewal
  • Early withdrawal penalty applies
Benefits:
  • Higher returns for longer-term savings
  • FDIC insured
  • Easy account management online

Minimum Balance: $2,500 | Interest Rate: 5.50% APY | Monthly Fee: $0

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