At Colonial Bank, there are certain advantages to being 50 and better — like our Classic Savings.*

Account Features

• Interest accrued on 100 percent of the daily collected balance and credited to the account quarterly**
• Unlimited deposits
• Two FREE withdrawals per month***
• No minimum balance to maintain
• $25 minimum opening deposit

Rates and Fees

Monthly service charge	None
Fee for more than six withdrawals per month	Alabama, Georgia, Nevada, Texas — $1; Florida — $2

 

 

*Open to individuals with a Colonial checking account. **No interest is paid if the account is closed before the end of the quarter statement cycle or if the account balance is zero on statement day. *** Fee for each withdrawal over two per month is $1 in Alabama, Georgia, Nevada and Texas and $2 in Florida. Federal regulations limit the total number of withdrawals or transfers from this account to six per month (or four-week statement cycle). No more than three of the six may be by check, draft or similar instruction to a third party.