Watch Your Nest Egg Grow
Enjoy compounded interest on your savings and low maintenance fees for your account, allowing your rainy-day funds to grow over time.
With Dearborn Federal Savings Bank, your hard-earned savings keep working towards your big dreams.
Click below for a breakdown of the savings account rate chart containing information about interest rates and annual percentage yields (APY).
Statement Savings
Start saving for your future or a specific goal you may have in mind. Our Statement Savings is tailored to provide maximum convenience, security, accessibility, and return. Additionally, the statement savings account offers the benefit of EFT activity (ATM and ACH transactions), and statements are available monthly or quarterly (based on account activity) and can be accessed online.
- $25.00 minimum opening deposit
- Maintain a $200.00 minimum daily balance to earn interest and avoid fees
- A flat $5.00 quarterly service fee if the average daily balance is not attained. Service charged waived for minors under age 18 and customers age 60 and over
- Interest compounded and paid to the account quarterly.
Click below for a breakdown of the Statement Savings rate chart containing information about interest rates and annual percentage yields (APY).
The Interest Rate and Annual Percentage Yield may change after account opening. Fees could reduce earnings on the account. All accounts are insured by the FDIC to the maximum amounts allowed by law based on account ownership.