Personal Savings Accounts at SSB
Simple. Secure. Tailored for You.
At State Savings Bank, we know that saving looks different for everyone. That’s why we offer a range of savings account options—whether you’re just getting started, building your emergency fund, or saving for something special.
With locations in Des Moines and Baxter, our team is here to help you choose the type of savings account that fits your goals and lifestyle. And no matter which option you choose, you can count on the safety, convenience, and service that State Savings Bank is known for.
| Account Type | Minimum to Open | Minimum Balance Requirement | Minimum Balance Fee* | Statement Delivery Method |
|---|---|---|---|---|
| Classic Savings | $100.00 | $100.00 | $5.00/quarter | e-Statements are recommended, paper statements are available at no charge. |
| Super Savings | $2,500.00 | $2,500.00 | $5.00/month | e-Statements are recommended, paper statements are available at no charge. |
| First-Time Homebuyer Savings | $100.00 | $100.00 | $5.00/quarter | e-Statements are provided at no charge, paper statements are available for $5.00 per statement cycle. |
* For accounts with a minimum balance requirement, no minimum balance fee will be charged unless the balance falls below the required minimum balance on any day of the statement cycle. Classic Savings minimum account balance requirements are waived for customers under 18 years of age and 65 years of age or older.
The following information applies to all interest-bearing checking accounts and savings accounts:
- Your interest rate and annual percentage yield may change at any time at our discretion. Click to see current interest rates or call (515) 457-9533 or (641) 758-2989 to discuss our interest-bearing savings accounts.
- Interest compounds and credits quarterly for Classic Savings accounts, Children's Savings, First-Time Homebuyer Savings and Super Savings compounds and credits monthly.
- Interest is calculated by the daily balance method, which applies a periodic rate to the balance in the account each day.
- Interest begins to accrue on the business day you deposit non-cash items to your account (i.e. checks).
- Fees may reduce earnings.
Here’s Why You Should Save With SSB
Earn Interest, Grow Your Savings
Our savings accounts offer competitive interest rates to help your money grow while keeping it safe and accessible.
Flexible Options
From standard savings accounts to holiday clubs and money market accounts, we have choices to match your needs—each with different features and balance requirements.
Convenient Banking
Manage your savings anytime, anywhere with mobile and online banking, including mobile deposits and eStatements.
No Hidden Fees
Maintain the minimum balance and enjoy no monthly service charges—so more of your money stays where it belongs.
Secure & Reliable
We use the latest banking technology to protect your financial information and give you peace of mind.
We're a Hometown Bank Committed to Your Financial Success
State Savings Bank’s mission is to help you build wealth. Whether you’re just starting to save or managing long-term financial goals, we are here to listen, guide, and offer the right tools that allow you to achieve your savings goals—because your success is our success.
Ready to Start Saving Smarter?
Open a savings account today at State Savings Bank in Des Moines or Baxter. Stop by either bank location, give us a call, or connect with a personal banker who’s ready to help you open an account and take the next step toward a stronger financial future.
