PERSONAL BANKING
Personal Savings & Money Market Accounts at Partners Bank
Saving looks different for everyone. Whether you're building an emergency fund, setting aside extra cash, or looking for higher balances with easy access, Partners Bank offers personal savings account options designed to help you grow your money. Account holders across Southern Maine and New Hampshire benefit from personalized service from Partners Bank and the support they need to meet their savings goals.
WHY IT MATTERS
Savings Options Designed for Flexibility and Growth
A personal savings account or money market account helps you set money aside while still keeping it accessible. At Partners Bank, these accounts are built for savers who want a competitive interest and local support.
Build savings at your pace
Earn interest while setting money aside for short- or long-term goals.
Keep funds accessible
Access your money through digital banking, cards, or branches.
Choose the right balance
Select savings or money market options based on how much access and earning potential you want.
Get support when questions come up
Our bankers throughout Maine and New Hampshire are available to help you compare options.
ACCOUNT OPTIONS
Personal Savings and Money Market Account Options
Partners Savings
The Partners Savings account is specifically designed for the everyday saver who values a low-cost, low-barrier way to manage their money with a community-focused bank. Ideal for budget-conscious individuals or those starting off their savings journey but aren't sure where to start.
- No monthly service charges, $0 minimum balance requirement to keep the account active, ensuring that those starting with smaller amounts aren't penalized by maintenance fees.
Money Market Accounts
The Money Market accounts offered by Partners are hybrid "growth and access" accounts designed for customers who want to earn interest on higher balances while maintaining easier access to funds in case of an unexpected expense. All the benefits of a higher interest rate with the convenience of writing a check directly from that account.
- Earn higher tiered interest rates without the restrictions of a CD, with check and card access for occasional large expenses.
Bundle Savings
Bundle Savings accounts are available to customers who also maintain an eligible Partners Bank checking account. These accounts are part of Partners' bundled banking options.
- Savings benefits are tied to qualifying checking relationships. Best for customers who maintain both savings and checking accounts with Partners Bank.
Health Savings Account (HSA)
A Health Savings Account (HSA) is a tax-exempt trust or custodial account established exclusively for the purpose of paying or reimbursing qualified medical expenses for yourself, your spouse, and your dependents.
You are eligible to open an HSA with a regular contribution if, with respect to any month, you are covered under a high-deductible health plan (HDHP) on the first day of that month; are not also covered by any other health plan that is not an HDHP (with certain exceptions for plans providing preventive care and limited types of permitted insurance and permitted coverage); are not enrolled in Medicare; and cannot be claimed as a dependent on another individual's tax return.
IS THIS RIGHT FOR YOU
Built Around Real Financial Routines
Personal savings and money market accounts may be a good fit if you are:
Building an emergency or short-term savings fund
Setting money aside for upcoming expenses or goals
Looking for alternatives to everyday checking for stored funds
Interested in earning interest while keeping access to your money
If you're deciding between a personal savings account and one of our money market accounts, we can help you compare features and choose the right option.
FEATURES
Key Features That Support Everyday Saving
Interest-earning options
Savings and money market accounts earn interest, with rates varying by account type and balance level.
Digital access
Monitor balances, transfer funds, and review activity through online and mobile banking.
Account access and flexibility
Depending on the account, access may include debit or ATM cards and limited check-writing.
Security and peace of mind
Your funds are held securely with a trusted community bank and FDIC insured*.
Local, personal support
We're here for you, online and in person!
DIGITAL TOOLS
Manage Your Savings with Online and Mobile Banking
Partners Bank's online and mobile banking tools make it easy to stay connected to your savings and money market accounts.
RATES & TERMS
Rates, Terms, and Benefits for Personal Savings and Money Market Accounts
Partners Savings
| Monthly Service Charge | None |
|---|---|
| Minimum Balance | None |
| Minimum to Open* | None |
| Access by Check | No |
| Tiered Rates | Yes |
| Partners Bank Debit Visa® or ATM Card | Yes |
| Free Online & Mobile Banking | Yes |
| Electronic Statements | Yes |
WHY PARTNERS BANK
Why Choose Partners Bank?
At Partners Bank, personal savings isn't one-size-fits-all. We build it around how you actually save, whether that means a no-fee, no-minimum account for someone just getting started or a tiered money market account with check access for an established saver managing larger balances. As your needs change, our approach scales and adapts with you, backed by a team that knows your name.
QUESTIONS
FAQs about Personal Savings and Money Market Accounts