Watch your money grow with Randolph savings

Whether “saving for the future” means setting aside some funds for the holidays or contributing towards a goal years from now, Randolph has the options you need to start planning, whatever your goals may be.

Savings Accounts

All you need is ten dollars to open up your Randolph Savings Bank savings account, and from there, you’re on your way to saving toward your next goal. And to make saving even easier, you can set up automatic transfers from your checking account.

Piggy Savings

You know there are better ways to save than tucking your money under your mattress. You’re already experiencing hassle free banking and excellent service with your Randolph Savings Bank checking account – so let us show you what else we can do. With a Piggy Savings account from Randolph Savings Bank, you’ll earn 0.95% APY1 on balances $10 - $15,000 - the more you save, the more you earn, the faster you’ll reach your goals. Great rates, great service, no lumpy mattress.

Savvy Savings

Saving money just got simpler. Savvy Savings from Randolph Savings Bank comes with a fantastic rate and no complicated fine print. To get started, simply deposit ten bucks to open your account online. From there, watch your savings grow as you earn that great Savvy rate on all balances $10+. No hooks, no strings, just smart, Savvy Savings.

Vacation Club

Planning ahead for your vacation by making weekly contributions to your Vacation Club throughout the year (and the accumulated interest on your deposits) will make going on vacation so much more fun. To make it even more convenient, you can arrange for direct deposit or automatic transfer to your Vacation Club account.

Holiday Club

Want to enjoy the fun of holiday shopping without the sting of the credit card? Making weekly contributions to your holiday club throughout the year (and the accumulated interest on your deposits!) will make holiday shopping so much easier. And to make it even more convenient, you can arrange for direct deposit or automatic transfer to your holiday club account.

Certificate of Deposit Products (CDs)

With a wide range of terms and interest rates, CDs from Randolph Savings Bank are flexible to satisfy your savings objectives, whatever they may be. Your interest rates are compounded monthly and you can leave your dividends to accumulate or you can transfer them, if you’d like, to your savings, checking or money market accounts.

1. Annual Percentage Yield as of 10/01/2017. Rates may change after account has opened. Minimum to earn APY is $10. Fees may reduce earnings. You may make unlimited withdrawals in our lobby. Withdrawals or transfers from a statement savings to another account or to third parties by preauthorized, automatic, telephone, or computer transfers are limited to six (6) per statement cycle. Each transaction in excess of these limits will be charged an Excessive Transfer Fee. For balances of $10 to $15,000, the rate is 0.95% APY if the account is linked to an active checking account. For balances in excess of $15,000 the blended APY could range from 0.95% to .19% depending on the balance in the account.

For Apex checking accounts, active is defined as the customer must enroll in e-statements and ALL of the following transactions must be posted to the account per statement cycle: 1) Direct deposits totaling $2,500 or more; 2) 10 POS Debit Card Transactions.  For all other checking accounts, active is defined as one of the following transactions must be posted to the account per statement cycle: 1) 1 Direct Deposit, 2) 1 Debit Card Transaction, and 3) 1 Bill Pay Transaction.

If the Piggy account is not linked to an active checking account, the APY for the entire balance in the account will be 0.10%.