Statement Savings
A flexible savings account that earns interest, waives fees easily, and keeps your goals within reach.
Exploring Your Options?
We offer a variety of savings accounts to match your goals.
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SAVE SMART. START SIMPLY.
Our most popular savings account—great for building good habits.
With easy ways to waive the monthly fee, no steep minimums, and interest that grows with your balance, Statement Savings is made for everyday savers.
Statement Savings - we’ve made everyday banking easy.
$10 deposit required to open the account.
Tiered Interest Product
Interest rate you earn increases as your balance grows. $10 minimum balance to earn interest.
$3 Monthly Service Charge
Automatically waived when you meet one of the requirements detailed below.
Monthly service charge is waived if one of the following conditions are met:
- You own a CSB Checking or CD account
- You maintain a $100 minimum daily balance
- You receive a direct deposit
- You’re under age 19
- You’re attending college
An early closeout fee of $40 will apply to all savings and checking accounts closed within 90 days of opening. The Commercial and Savings Bank reserves the right to accept deposits from its local market area. No brokered deposits. Transactions limitations may apply to savings and money market accounts.
Your Questions, Answered.
How do I waive the $3 monthly service charge?
The fee is automatically waived each month when any one of the following is true:
- You own a CSB Checking or CD account
- You maintain a $100 minimum daily balance
- You receive a direct deposit
- You’re under age 19
- You’re attending college (must notify CSB)
Does this account earn interest?
Yes! You’ll earn tiered interest on balances of $10 or more. Interest is compounded and credited monthly.
Is there a minimum to open or keep the account?
A minimum deposit of $10 is required to open the account and $100 minimum daily balance is required to avoid the monthly fee.
What happens if I close my account early?
A $40 early closeout fee applies if the account is closed within 90 days of opening.
Where can I find your general fee schedule?
You can view our General Fee Schedule for more details on services like overdraft protection, stop payments, and more.
Are there limits on the number of times I can transfer or withdraw funds from a savings or money market account?
Yes, on certain types of withdrawals. You’re allowed up to six (6) per monthly statement cycle of the following:
- Checks
- Telephone transfers
- Online or mobile transfers
- Preauthorized or automatic payments (including point-of-sale transactions)
- Transfers to third parties or another account
If you exceed these limits, we may refuse to permit the transaction, convert or close your account, or charge a fee for each occurrence exceeding the limit.
Withdrawals made in person or at an ATM are not limited.
Let’s Get You Started
Start online or stop by a branch—it’s fast, easy, and backed by real people who care.