Which savings account is right for you?
That depends on what you are saving for, and whether your goals are short term or long term. A savings account is an important part of any financial planning for the future. Whether you are saving for a college education or planning on enjoying your Golden Years, putting a portion of your monthly income into a savings account is a smart habit to develop. Or maybe you just want to have a little extra cash for the Holidays. No matter what your savings needs, Park Avenue has a savings account for you. Ask a customer service representative to find out how you can open a savings account today!

Regular Savings Account

• $100 Minimum Opening Deposit • Tiered Simple Interest Paid
• $3 Monthly Service Charge • No Service Charge for Minors (under 18)
• Service Charge waived with minimum $100 balance • $2 Fee per withdrawal in excess of 2 per calendar month.

Transfers from a savings account to another account, or to third parties by preauthorized, automatic, or telephone transfers are limited to six per calendar month with no more than three by draft, debit card or similar order to third parties.


Holiday Savings Account   -   

• $5 Minimum Opening Deposit • $10 Penalty for Early Withdrawal
• Checks Disbursed Annually • Tiered Simple Interest Paid
• No Monthly Service Charge

Money Markets...

Personal Account
For customers desiring a higher rate of return on their investment and who need immediate access to funds.

  • $2,500 Minimum Opening Deposit
  • No Monthly Service Charge with minimum balance of $2,500
  • $5 Monthly Service Charge if min. balance falls below $2,500
  • Tiered Simple Interest Paid
  • Limit of 3 third-party withdrawals per statement cycle
  • $2 Fee per withdrawal for third-party withdrawals in excess of three per statement cycle. Transfers from a Money Market Deposit account to another account or to third parties by preauthorized, automatic, or telephone transfers are limited to six per statement cycle with no more than three by check, draft, debit card or similar order to third parties.

Consumer Loans...

Home Equity Loans
A home equity line of credit lets you use the equity in your home. In many cases, there are tax advantages with home equity loans (see your tax advisor).

Personal Loans - Our Loan Officers offer financing for a new boat, car, second mortgage, home improvement, construction loan, and stock/bond loan.

Mortgage Loans - Our Mortgage Loan Department offers competitive ratesand personal service which makes Park Avenue Bank’s Mortgage Loan team one of the best.

Banking has never been so easy...

Please check with your local Park Avenue Bank Branch for more information.

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