Piggy bank with change stacked next to it


Put yourself in position to take on the future

Everyone has their own reasons for saving. At Killbuck Savings Bank, we have a variety of accounts that can help you reach your goals. Whether you want to create a rainy day fund, set aside money for medical bills or begin preparing for retirement, we look forward to joining you on your rewarding journey to financial security.
  • View our competitive interest rates
  • Track savings progress through online and mobile banking
  • Choice of paper statements or eStatements
  • Contact our friendly banking professionals for assistance in opening an account

Passbook Savings Account

It's nice to have extra money to face life's challenges. But a smart savings plan can also help you take positive steps towards making a big purchase, taking a dream vacation or paying for college.
  • Minimum daily balance of $10 required to earn interest (Accounts with balances under $10 are subject to closure.)
  • Avoid $5 monthly maintenance charge by keeping a minimum daily balances of at least $100
  • No fees for account holders who are under age 24 or 50 years and older.

Money Market Accounts

When you're trying to save money, every dollar counts. With a Money Market, your funds earn a higher interest rate. And because there's no time commitment, you have immediate access to your deposits whenever you might need them.
  • If the balance falls below $5,000 on any day during the statement cycle, a $10 maintenance charge will be levied
  • Unlimited in-person transfers allowed each month
  • Access funds through online banking or at Killbuck Savings Bank branches
  • Tiered rate structure rewards higher balances
Money Market Interest Tiers:
Tier Amount
1st $100,000.00 and Over
2nd $50,000.00 – $99,999.99
3rd $25,000.00 – $49,999.99
4th $.01 – $24,999.99

Certificates of Deposit(CD)

These safe, high-yield investments generally outpace traditional savings accounts. With a CD, you put your savings on a schedule that fits your short-term and long-term financial need. You can save for a few months, several years or some period in between.
  • Minimum deposit of $500 to open
  • Lock in higher interest rates for periods up to 5 years
  • In general, longer term CDs feature higher rates
  • You may choose to have your interest reinvested or paid directly to you
  • No risk to your initial investment - all deposits insured up to FDIC limits
  • Substantial interest penalties for early withdrawal.

Individual Retirement Accounts (IRAs)

The next chapter of your life can be the most rewarding one yet. One way to make that happen is to plan ahead. With a Traditional or Roth IRA, you can make annual contributions, build up your savings and use tax advantages to stretch those retirement dollars even further.
  • Contribute up to $6,000 a year ($7,000 if over age 50)
  • Put funds into an IRA Savings Account or IRA Certificates of Deposit
  • Minimum initial deposit of $25
  • With Traditional IRAs, you can often take a tax deduction for any year you make a contribution
  • With a Roth IRA, all withdrawals are tax-free
  • With either IRA, your annual interest earnings are tax-free
  • Consult our financial advisor for more details on the tax advantages and on the differences between the two accounts

Health Savings Account (HSA)

Illness and injury can strike unexpectedly. When that happens, you want to be able to focus on getting the best care possible and not on the medical bills. With an HSA, you can set aside money in advance to cover a wide range of treatment costs - and take advantage of interest earnings and tax benefits.
  • Designed for individuals and families with high-deductible medical bills
  • Covers a wide range of medical, dental, vision care and prescription costs.
  • Contributions to HSA's are made with pre-tax dollars. All interest earnings and withdrawals are tax-free. (Consult your financial advisor for further details.)
  • $3 monthly maintenance charge
  • No minimum balance
  • Access funds through special checks or an HSA debit card (one-time $5 fee for each card issued)

Christmas Club Account

Make your holiday season a little merrier. By saving year-round, you'll have more money available for gifts, festive meals and family gatherings.
  • Deadline to open Christmas Club Account is January 31
  • A check will be mailed to you in the fall, in plenty of time to do your shopping and event planning

deck with the sun shining

A smart way to finance your big plans.

By tapping into the equity of your home, you can receive a lump sum of cash and pay it back in monthly installments.

Home Equity Loans