Edgartown National Bank
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Savings Products

Island Market Demand Account

  • Stepped interest rate
  • $25,000 minimum opening deposit
  • $1,000 average collected balance required to obtain interest rate, and avoid monthly service charge
  • Limited to six transfers or withdrawals per month (3 by check)

Money Market Demand Account

  • Stepped interest that may change weekly
  • $1000 average collected balance required to obtain interest rate, and avoid monthly service charge.
  • Limited to six transfers or withdrawals per month (3 by check)

Statement Savings

  • $10 Minimum Opening Deposit
  • Interest bearing – variable rate
  • $100 daily balance to obtain interest rate and to avoid monthly service charge

Super Savings

$25,000 Minimum Opening Deposit

  • Interest bearing – stepped interest rate
    • 1st step - $100 - $24,999.99 – regular statement savings rate
    • 2nd step - $25,000 or more – Super Savings rate
  • $100 average daily balance to avoid monthly service charge
  • $1.00 monthly fee if minimum balance not met

Island Passbook Savings

  • $10 Minimum opening deposit
  • Interest bearing – variable rate
  • $100 daily balance to obtain interest rate and to avoid monthly service charge

Holiday Club Savings

  • Use this account to save for holiday gifts or a special vacation
  • Fixed interest rate for life of the account.
  • deposit $1.00 to $25.00 each week for 50 weeks to open
  • No service charges
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