Savings Accounts

Savings Accounts

You know you should save money, but it’s often difficult. And, if you’re like most people, you need a variety of savings and investment products to build a sound financial future.

With Cheviot Savings Bank savings solutions, it’s all a lot easier than you might think. No matter what you’re saving for – a new car, a dream vacation, college tuition, retirement and more – we can assist you in selecting accessible, safe and easy ways to meet your goals.


Passbook Savings

A variable interest rate savings account where transactions are recorded in a passbook.

Benefits Include:
  • No Minimum Balance Required to Open Account
Minimum Balance:
May be required to avoid monthly fee

Statement Savings

A variable interest rate savings account with ATM access.

Benefits Include:
  • No Minimum Balance Required to Open Account
  • Statements Generated monthly if there are transactions; quarterly if there are no transactions
  • Online Banking and Teller24 Telephone Banking Capabilities
  • Electronic Transaction Availability
Minimum Balance:
May be required to avoid monthly fee

Mobile Banking: Free Downloadable App

There is no minimum balance required to open these accounts. However, in order to earn interest, you must maintain a minimum balance as indicated. If the balance drops below that amount, you will not earn interest on the account, and you will not obtain the annual percentage yield. These are variable rate accounts and are subject to change without notice.