Woodsfield Savings Bank has many products and services that are flexible and designed to meet the needs of you, wherever you might be in your financial journey. Some of the many perks of our accounts are the fact that most of our accounts have NO MONTHLY FEES with NO MINIMUM BALANCES. See information below about specific account details. We also offer specialty accounts to fit your needs, such as and not limited to:
-Trust Accounts
-Trustee Accounts
-Custodian Accounts
-Representative Payee Accounts
And many more.
*All accounts default to having paper statements mailed to you, which is a small fee of $2 (see Fee Schedule for more details), however you are able to opt into electronic statements which make your account completely paperless, and more importantly, NO MONTHLY FEES! As always, please do not hesitate to contact us with any further questions, we would love to hear from you!
Available Products
| Deposit to Open | Interest Bearing? | Interest Rate? | Minimum Balance | |
|---|---|---|---|---|
| Regular Savings | $10 | Yes | 0.25% | None |
| Business Savings | $50 | Yes | 0.15% | None |
| Christmas Club* | $10 | Yes | 0.50% | None |
*Christmas Club Savings Accounts are a way to save for Christmas! The account works by you depositing money throughout the year to save for Christmas (we can even set up automatic transfers!), then October 31st, the account will ‘disburse’ the funds that you have saved, back to you in the form of a check or transfer!
That way you have funds to use for the Christmas season. These accounts earn a higher interest rate as well and are great for that feeling of preparedness! For more information, contact a Personal Banker today!
