Personal Savings Accounts
Planning for your future starts with smart saving. At Provident Bank, our personal savings account options help you grow your money with competitive interest rates, flexible access,
and digital tools that make saving simple. Whether you're just getting started or want to maximize your earnings with a money market savings account, we have the right solution for you.
Explore our options below:
Explore our options below:
Basic
- $100 Minimum Opening Deposit
- $4 Monthly Service Charge
- $6 Monthly Service Charge w/Paper Statement
- $300 Minimum Daily Balance to Waive Charge
- Earns Interest
Additional Benefits
- Direct Deposit
- MyProvident® Online Banking
- MyProvident Mobile® Banking(1)
- Link to checking for Overdraft Protection
Savings Plus
- $1,000 Minimum Opening Deposit
- $12 Monthly Service Charge
- $14 Monthly Service Charge w/Paper Statement
- $1,000 Minimum Daily Balance to Waive Charge
- Earns Interest
Additional Benefits
- Direct Deposit
- MyProvident® Online Banking
- MyProvident Mobile® Banking(1)
- Link to checking for Overdraft Protection
Young Investors (0-17)
- $25 Minimum Opening Deposit
- Earns Interest
Additional Benefits
- Direct Deposit
- MyProvident® Online Banking
- MyProvident Mobile® Banking(1)
- No Linking to checking for Overdraft Protection
Money Market Plus
- $2,500 Minimum Opening Deposit
- $15 Monthly Service Charge
- $17 Monthly Service Charge w/Paper Statement
- $5,000 Minimum Daily Balance to Waive Charge
- Earns Interest
Additional Benefits
- Direct Deposit
- MyProvident® Online Banking
- MyProvident Mobile® Banking(1)
- Link to checking for Overdraft Protection
Asset Management
- $2,500 Minimum Opening Deposit
- $15 Monthly Service Charge
- $17 Monthly Service Charge w/Paper Statement
- $5,000 Minimum Daily Balance to Waive Charge
- Earns Interest
Additional Benefits
- Direct Deposit
- MyProvident® Online Banking
- MyProvident Mobile® Banking(1)
- No linking to checking for Overdraft Protection
Certificate of Deposit
- $1,000 Minimum Opening Deposit
- Earns Interest
Additional Benefits
- No Direct Deposit
- MyProvident® Online Banking
- MyProvident Mobile® Banking(1)
- No Linking to checking for Overdraft Protection
NOTES:
(All Savings Products) Excess Activity Fee of $15 per transaction after six (6) withdrawals and/or transfers each monthly statement cycle by ACH withdrawal, preauthorized transaction, online banking withdrawal, sweep withdrawal, overdraft protection withdrawal, check, draft and point-of-sale transactions (if allowed on the account). Withdrawals and/or transfers in excess of these limits will subject the account to loss of transfer capabilities, excess activity fee or closure.
(1) Carrier's message and data rates apply. Additional terms and conditions apply as provided in the mobile agreement/addendum.
For specific and additional product details, please refer to Provident's Personal Account Disclosures, and Schedule of Fees. All rates, products, and programs are subject to change without notice except as required by law.
(All Savings Products) Excess Activity Fee of $15 per transaction after six (6) withdrawals and/or transfers each monthly statement cycle by ACH withdrawal, preauthorized transaction, online banking withdrawal, sweep withdrawal, overdraft protection withdrawal, check, draft and point-of-sale transactions (if allowed on the account). Withdrawals and/or transfers in excess of these limits will subject the account to loss of transfer capabilities, excess activity fee or closure.
(1) Carrier's message and data rates apply. Additional terms and conditions apply as provided in the mobile agreement/addendum.
For specific and additional product details, please refer to Provident's Personal Account Disclosures, and Schedule of Fees. All rates, products, and programs are subject to change without notice except as required by law.
FDIC Information
For more information regarding your FDIC Insurance coverage, please click to access the What is a Savings Account?
A personal savings account is a secure place to deposit money you don’t need to spend immediately. It earns interest over time, helping your balance grow while you keep your funds easily accessible.
It’s a foundational part of smart personal banking services, whether building an emergency fund, saving for a big purchase, or teaching your child the value of saving.
Savings vs. Checking Accounts
While both are essential personal banking services, savings and checking accounts serve different purposes.Savings Accounts are designed to help you grow your money. They earn interest and limit the number of monthly withdrawals to encourage you to keep your money set aside. They're perfect for long-term financial goals, such as saving for a vacation, an emergency fund, or future investment.
Checking Accounts, on the other hand, are intended for everyday transactions. They offer unlimited access to your money through checks, debit cards, and online payments. While some checking accounts earn interest, they typically offer lower rates than savings accounts.
Many of our customers choose to open both—using a checking account for daily spending and a personal savings account to build financial security.
Explore Our Checking Accounts
FAQ
Q: What’s the difference between savings and money market accounts?
A: Both accounts earn interest, but money market accounts typically offer higher interest rates and require higher minimum balances.
A: Both accounts earn interest, but money market accounts typically offer higher interest rates and require higher minimum balances.
Q: Can I link my savings account to my checking account for overdraft protection?
A: Yes, this is available on most of our savings products (excluding Young Investors and CDs).
A: Yes, this is available on most of our savings products (excluding Young Investors and CDs).
Q: Are there withdrawal limits on savings accounts?
A: Yes, you can make up to six withdrawals or transfers per monthly statement cycle. Additional transactions may incur a $15 fee.
A: Yes, you can make up to six withdrawals or transfers per monthly statement cycle. Additional transactions may incur a $15 fee.
Q: Is mobile banking included?
A: Yes, all savings accounts include access to MyProvident Mobile® Banking. Carrier data rates may apply. .
A: Yes, all savings accounts include access to MyProvident Mobile® Banking. Carrier data rates may apply. .
Q: Are my deposits insured?
A: Yes, all Provident Bank savings accounts are FDIC insured up to the applicable limits.
A: Yes, all Provident Bank savings accounts are FDIC insured up to the applicable limits.
Ready to Start Saving?
Open a personal savings account today and take the first step toward financial confidence. Have questions? Contact us or visit any of our bank branches in Riverside or San Bernardino County—we’re here to help.