Children Savings Account Banner (no disclosure)

Only available for minors under age 18. This account requires an adult, age 18 or over, to open an account. $1 minimum opening deposit required. No minimum balance requirement until minor reaches 18. After age 18, a $2 monthly fee will be charged for balance under $200. Other fees may apply. Ask for details.

Children’s Savings Account

With every dollar my kids save, they learn the importance of helping their money grow.  It’s not just about the piggy bank anymore, it’s about building a bright future.  Teach your children why saving makes CENTS with a Wayne Bank Savings Account!

For more information on savings accounts, please stop by your local Community Office, or call (800) 598-5002 to speak with a Customer Service Representative regarding details.

Savings Account Rates

Type of Account Minimum Deposit To Open Account Daily Balance Required To Earn APY Interest Rate Annual Percentage Yield
Rewards Checking $25 $0 0.10% 0.10%
Investor Account $25,000 $1,000,000 1.00% 1.00%
Investor Account $25,000 $500,000 0.60% 0.60%
Investor Account $25,000 $250,000 0.50% 0.50%
Investor Account $25,000 $100,000 0.40% 0.40%
Investor Account $25,000 $50,000 0.30% 0.30%
Investor Account $25,000 $25,000 0.25% 0.25%
Investor Account $25,000 $5,000 0.10% 0.10%
Money Market Deposit Account $2,500 $2,500 0.10% 0.10%
Premium Money Market Deposit Account * $2,500 $2,500 1.50% 1.51%
High Yield Money Market Deposit Account $2,500 None – $25,000.00 3.92% 4.00%
High Yield Money Market Deposit Account $2,500 $25,000.01 1.49% 1.50%
Statement Savings Account $25 $50 0.05% 0.05%
Children’s Savings Account $1 $50 0.05% 0.05%
Holiday Club $2 $0 0.05% 0.05%
Simply Free $25 N/A N/A N/A

Interest Rates are accurate as of October 3rd, 2024.

Annual Percentage Yield assumes interest remains on deposit. Fees and other conditions may reduce earnings. Please contact any community office for additional information. Rates are subject to change daily. Regulatory limits may apply.

* Annual Percentage Yield (APY) assumes interest remains on deposit. APY is effective as of October 3rd, 2024 and is subject to change. To obtain advertised rate on money market account, account holder must have a separate transactional checking account with Wayne Bank with a paycheck direct deposit from employer, pension, or government benefits. $2,500 minimum deposit required to open account. If account balance falls below $2,500 at any point during the month, a $10 monthly service fee will be assessed for that month. Other fees may apply. Fees and other conditions may reduce earnings. Ask for details.

Holiday Savings Image

Save money all year long for holiday expenses with our Holiday Savings account.

Statement Savings

We designed this account as a vehicle to help you save for longer-term goals

Metal Dollar Sign

Wayne Bank provides a full range of options with high interest for Certificate of Deposit investors.