Investment Savings

Enjoy the high yield of a brokerage account, without risk or a long-term obligation, with Investment Savings.

Account Features

  • Interest accrued on 100 percent of the daily collected balance and credited to the account monthly*
  • Unlimited deposits
  • Six FREE withdrawals per month**
  • Access savings account through ATMs with your Colonial Check Card***
  • $3,000 minimum opening balance

Interest Rates

Balance

Rate

Less than $25,000

Tier 1

$25,000 to $99,999

Tier 2

$100,000 or more

Tier 3

 

Rates and Fees

You can waive the service charge

Simply keep a $3,000 balance

Monthly service charge

$12 if account balance falls below $3,000 for monthly statement period

Fee for more than six withdrawals per month

$1

 

 

*The interest rate and annual percentage yield may change. No interest is paid if the account is closed before the end of the statement cycle or if the daily balance is zero on statement day. **A $1 fee is charged for each withdrawal over six per month. Federal Regulations limit the number of transactions in this account during any statement cycle (of at least four weeks) to a total of six transfers and withdrawals to another account of yours at Colonial or to a third party by means of a preauthorized or automatic transfer, or telephonic (including data transmission) agreement, order of instruction, draft, debit card, or similar order. Transactions at an ATM, in person, via mail, messenger or night depository are unlimited. Excessive transactions during two consecutive statement cycles will result in a change in account type to an account with unlimited transactions. ***No annual fee. Transactions at non-Colonial ATMs subject to activity fees. Check and debit card transactions are not allowed on this account. Not available to financial institutions.

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