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Savings Accounts

Start to Save Your Way

There is no right way or wrong way to save money. The important thing is that you have an account that allows you to save your way. At Austin Bank, we do not believe in one-size-fits-all approach to saving. That is why we give you a variety of choices when it comes to savings accounts. From basic accounts for children to more advanced options that give you access to your savings, we are here to help you choose the right account. You can start the process of opening an account by completing our inquiry form.

Complete Inquiry Form

Compare Our Savings Account Options

Savings accounts offer the following features:

  • Transfer funds between Austin Bank accounts online via Online Banking, Mobile banking or 24-hour Bank-by-Phone
  • Free Online Banking
  • Free eStatements
  • Free Combined Statements
  • Free Bank-by-Phone at 888-758-BANK
  • Unlimited ATM withdrawals when linked to a debit card for your Austin Bank checking account
  • Money Market accounts are eligible for a Free Austin ATM and Debit Card
Savings AccountYoung Savers AccountMoney Market AccountHealth Savings Account
What kind of account would you like?Regular savings that is flexible and secureThe perfect account for minors under the age of 18 to start a savings planMarket rates, with interest paid on every dollar - plus convenient access to your fundsSet aside funds exclusively for the purpose of paying qualified medical expenses
Minimum opening balance$100$50 or $10 with family relationship$2,500$100
Monthly fee$5 quarterlyNone$10$5
Minimum monthly balance requirementsWith a minimum balance of $100 we will waive the quarterly service charge.NoneWith a minimum daily balance of $2,500 we will waive the monthly service charge.With a minimum monthly balance of $100 we will waive the monthly service charge
Interest PaidInterest accrues daily and is paid quarterlyInterest accrues daily and is paid quarterlyTiers:
< $2,499 no interest paid
$2,500 and above accrues on daily balances and pays monthly

*Interest rate determined by account balance
Interest accrues daily on the actual collected balance of $1,500 or above and is paid quarterly
ATM/Debit Card Access
Online and Mobile Banking Available
Custom Account BenefitsYou must be enrolled in a High Deductible Health Plan to be eligible for a Health Savings Account.

$15 one-time account set up fee.
  • Limits may apply to online banking transfers between accounts, Bank-by-Phone, or Overdraft Sweeps on savings and money market accounts.
  • Charges from Fee Schedule for Miscellaneous Services apply to all checking accounts.