Personal Savings
Personal Savings Options

Planters offers several options for you to save. Money market accounts, savings accounts, CDs and IRAs are available for our customers. Visit any of our locations to let our customer service representatives find the best product for you.

  • Planters Bank Basic Savings Account

    Our Basic Savings Account is a great way to start a savings habit. Your Planters Bank Visa debit card can be linked to a savings account if you have a personal checking account. The interest rate for this account is determined at the bank’s discretion. The interest rate and corresponding annual percentage yield are subject to change at any time. Interest will be credited and compounded quarterly.


    • Withdrawal fee of $3.00 for withdrawals in excess of 9 per quarter
    • Minimum Opening Deposit: $100
    • Quarterly Service Charge:  $8.00 quarterly service charge
    • Minimum Balance to Avoid Service Charge: $250
    • Free online banking
    • Free Planters Bank Mobile App
    • Online bill pay (free with one payment per month)
    • Free EZ-Touch Telephone Banking
  • Planters Bank Money Market Account

    Our money market account provides a competitive interest rate while allowing immediate access to funds. Interest is accrued on a daily collected balance and is credited and compounded monthly.


    • Unlimited withdrawals if done in person, by mail, by messenger or at an ATM
    • Minimum Opening Deposit: $500
    • Monthly fee: $10*
    • Monthly Transfers: Limited to six per month
    • Free online banking
    • Free  Planters Bank Mobile App
    • Online bill pay (free with one payment per month)
    • Planters Bank Visa Debit Card
    • Check Images with statement
    • Free EZ-Touch Telephone Banking

    *Minimum monthly balance of $1000 to avoid fee. 

  • Certificates of Deposit (CD’s)

    Planters Bank offers a wide variety of Certificates of Deposit that can be arranged to suit the needs of all depositors. Investment terms start at 7 days and are available for up to 5 years.


    • Interest rate is established at the time of purchase.
    • Interest can be compounded back into the CD, transferred to another checking account or issued in the form of a check.
    • Minimum opening deposit: $500.00
  • Individual Retirement Account (IRA)

    Planters Bank offers Individual Retirement Accounts to serve the needs of our depositors. Once you decide which tax-savings advantage is right for you, our Customer Service Representatives can give you details on each plan, whether you invest in a Traditional IRA, Roth IRA, SEP-IRA or Simple IRA.

    In addition, our Customer Service Representatives can help move your assets from your employer-sponsored plans, designate your beneficiaries for your IRAs, and much more.

  • Planters Bank Youth Savings Account

    Our Youth Savings Account is a wonderful way to help children learn the importance of saving! Visit a local branch to open an account for your child. 


    • Minimum Opening Deposit: $25
    • Unlimited deposits
    • Account converts to personal Basic Savings Account when child reaches 18
    • No quarterly service charges
    • Limited to one account per child
    • Free online banking
    • Free EZ-Touch Telephone Banking