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Platinum Plus Savings

Take advantage of Pioneer Bank’s Platinum Plus Savings account that works on the principle that more money gets you higher rates. This account also pays a higher interest rate* and still allows you the flexibility to access your funds when you need them. Enjoy free Online Banking and eStatements and earn a better rate by reaching higher balance tiers**.

  • $5,000.00 minimum deposit to open
  • Compounded and credited monthly
  • $5.00 minimum balance fee if balance drops below $5,000.00 any day of the month
  • Three free withdrawals per month; $1.00 fee per withdrawal thereafter
  • Monthly statements
  • $1.00 monthly paper statement fee
  • Free Telephone Banking

 

*Rate may change at Pioneer Bank’s discretion.

**The interest rate will change on the first day of any month following a change in the Wall Street Journal Prime rate.

Tier Minimum Opening Deposit Interest Rate APY
$0 - $50,000
6.00% Under Prime
$5,000.00 0.10%
Minimum Interest Rate and APY = 0.10%
0.10%
Minimum Interest Rate and APY = 0.10%
$50,000.01 - $100,000
4.00% Under Prime
$5,000.00 0.10%
Minimum Interest Rate and APY = 0.10%
0.10%
Minimum Interest Rate and APY = 0.10%
$100,000.01 - $250,000
3.50% Under Prime
$5,000.00 0.25%
Minimum Interest Rate and APY = 0.25%
0.25%
Minimum Interest Rate and APY = 0.25%
$250,000.01+
3.00% Under Prime
$5,000.00 0.50%
Minimum Interest Rate and APY = 0.25%
0.50%
Minimum Interest Rate and APY = 0.25%

Rates may change at our discretion. The interest rate will change on the first day of any month following a change in the Wall Street Journal Prime rate.

Checking and Savings Features

  • The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
  • Interest on non-cash deposits begins to accrue on the business day of deposit—for example, checks.
  • The interest rate and annual percentage yield may change at Pioneer Bank’s discretion as often as daily. Rates may change after account is opened.
  • Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
  • Overdraft and return check charges may apply to negative balances created by check, in-person withdrawal, automatic payment or other electronic means.
  • A continuous overdraft fee will be charged to your account on the beginning of the third business day after your account goes negative.
  • No account service charge fees will be assessed to individuals under age 18. Service charges will begin automatically on the statement cycle following an individual’s 18th birthday.*
  • No account service charge fees will be assessed to legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts.
  • Free debit card available for minors until age 18. Automatic annual fee begins July 1st following 18th birthday if applies to account type.*
  • The $1.00 per statement Paper Statement Fee will not be assessed to Kasasa® accounts, Thrift Savings accounts, HSAs or IRAs. The Paper Statement Fee will also not be assessed to individuals under the age of 18 or legally formed non-profit entities who elect to hold Simple Checking and/or Regular Savings accounts. The Paper Statement Fee will begin automatically on the statement cycle following an individual’s 18th birthday.*
  • Fee for closing an account during the first six months does not apply to Thrift Savings and Kasasa® accounts.
  • Accounts closed between statement cycles will not receive accrued interest.
  • Minor must be primary account holder.

Click here for all rate information

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