Statement Savings Account

Make the most of your money while keeping it safe and secure.

Regular deposits plus interest payments add up to a financial cushion.

We all lead busy lives. Sometimes it's hard to plan beyond the next paycheck. But it's a good idea to have some cash in reserve in case life gets a little bumpy or you have a chance to buy a bit of happiness for you and your family. Paducah Bank makes it easy to prepare for the future with a savings account that has low fees, competitive interest rates and is easily manageable through digital banking tools.

• Minimum opening deposit of just $50
• Interest paid on balances of $300 or more
• Receive free e-statements as well as regular paper bank statements
• Free access to online and mobile banking tools
• No maintenance fee with balances of $300 or more (otherwise, $7 per quarter)
• Six free withdrawals from account each statement period (quarterly)

Our customers can give their savings efforts a jump-start with by authorizing Paducah Bank to transfer money from your checking account to savings account on a regular basis. You can arrange for regular transfers through online banking or by using our WOW! InfoLine at 270.575.6677.

Open a Statement Savings Account online or at one of our Paducah or Louisville, Kentucky branches by scheduling an appointment.

An interest-bearing account, the interest rate and annual percentage yield will depend upon the daily balance in your account. This account may be opened with as little as $50, and as many as six withdrawals can be made per statement period. No monthly maintenance fee will be assessed as long as you maintain a balance of at least $300 and the account does not become dormant. Dormant fee will apply if no activity occurs on account within one year.

Savings and Money Market Accounts are limited transaction accounts. Additional information can be found in the disclosures for deposit accounts.