Father and Daughter putting money into a piggy bank

Personal Savings

Savings Options

We understand that everyone's savings journey is unique.  That is why we offer a diverse range of savings accounts tailored to suit your needs! Whether you're looking for simplicity with our Statement Savings, flexibility with our Free Savings, high returns with our Super Savings, or the best of both worlds with our Money Market account, we have the perfect solution to help you achieve your financial goals. Explore our offerings and embark on a brighter, more secure financial future. Your savings adventure starts here at Hebron Savings Bank.

Statement Savings

This account has a minimum balance requirement of $250; if the balance falls below the minimum, a $5 service fee will be assessed quarterly. Interest is compounded daily. Statements are mailed, and interest is credited quarterly on March 31, June 30, September 30, and December 31.

Free Savings

We offer free statement savings with no minimum balance requirement or quarterly service charge to Individuals with Direct Deposit, Senior Citizens aged 62 or older, Full-time Students, and Non-profit Organizations. 

Super Savings

This account has a minimum balance requirement of $500; if the balance falls below the minimum, a $10 service fee will be assessed quarterly. This account pays a premium interest rate based on tiered levels, which is compounded daily. Statements are mailed, and interest is credited quarterly on March 31, June 30, September 30, and December 31.

Money Market

This account is available to both individuals and businesses. It has a minimum balance requirement of $2,500; a $15 service fee is assessed monthly if it falls below the minimum.  This account pays a premium interest rate based on tiered levels. Interest is compounded daily and credited monthly. Statements with check images are mailed monthly.

Account Comparison

Statement Savings

Free Savings

Super Savings

Money Market
Opening Deposit $100 $100 $500 $2,500
Quarterly Service Charge $5* $0**
$10*
 $15*
Minimum Balance to Avoid a Service Charge $250 $0** $500 $2500
Interest Compounded Daily Daily Daily Daily
ATM Card Yes Yes Yes Yes

*If the minimum balance requirement is not met.
**Offered to customers who have a Direct Deposit,  or are Senior Citizens aged 62 or older, Full-time Students, or Non-profit Organizations. 

Holiday Savings Account

A holiday savings account is the perfect account to take the stress of saving out of the holidays. This account is set up to transfer the balance automatically each October, just in time to start shopping for that special time of year. The account can be opened with $1.00 and pays 0.5% interest. If the funds are withdrawn prior to the October disbursement, the account will automatically close and all interest is forfeited.

For more information on rates or to learn more about these accounts, please contact our Customer Care Center at 410-749-1185 or use the Contact us form.












Person reviewing financial statements

Personal Banking

All your essentials for daily spending and bill payments, in one place!