Saving For What Matters
We all have different reasons that inspire us to save money. Whether you're saving for a new vehicle, a rainy day, or the unexpected, CorTrust offers a wide variety of savings accounts based on your unique situation. Simply choose an account option that fits your goals and we'll help you get there. And with competitive rates, mixed with our easy account opening process, you know you'll be set up for success. For more information about our savings account options, contact a banker.
Account Options
CorSavings Account
With a small minimum opening deposit requirement, CorSavings is one of our most popular savings accounts. Even better, this account earns interest so you can watch your savings grow! Interest rates change at CorTrust Bank's discretion and interest is compounded and paid quarterly. Check out some of the other features of our CorSavings account:
| Account Feature | Description |
|---|---|
| Minimum Deposit | South Dakota - $100 Minnesota - $50 |
| Interest Compounded & Paid | Quarterly |
| Frequency of Rate Change | At CorTrust Bank's discretion |
| Tiers and Interest Rates | View our current savings account interest rates |
| Fees | $2.00 each debit transaction (withdrawal, automatic transfer, or payment) in excess of six per month or if account falls below the minimum balance any day during the month |
Use our savings calculator to see how much you can save today!
Dino-Saver Account
Our Dino-Saver account is designed to help youth learn the value and benefits of saving from an early age. Intended for those 18 years of age or younger, this savings account gives first-time savers a head start in managing their money. Check out some of the features of our Dino-Saver account:
| Account Feature | Description |
|---|---|
| Minimum Deposit | $10 |
| Interest Compounded and Paid | Quarterly |
| Frequency of Rate Change | At CorTrust Bank's discretion |
| Tiers and Interest Rates | View our current savings account interest rates |
| Fees | $2.00 each debit transaction (withdrawal, automatic transfer, or payment) in excess of six per month, or if account falls below the minimum balance any day during the month |
Use our savings calculator to see how much you can save today!
IRA Savings Account
Choose from a Traditional IRA, Roth IRA, or Educational IRA to start earning more for your money. It's never too early to start planning for your future. Check out some of the features of our IRA Savings account:
| Account Feature | Description |
|---|---|
| Minimum Deposit | $25 |
| Interest Compounded and Paid | Quarterly |
| Frequency of Rate Change | At CorTrust Bank's discretion |
| Tiers and Interest Rates | View our current savings account interest rates |
Use our savings calculator to see how much you can save today!
Certificates of Deposit (CDs)
A CD is a special type of deposit account that typically offers a higher rate of interest than a regular savings account. Sounds good, right? We offer a variety of CDs suited to your needs. You can choose a short-term or long-term CD and get a fixed interest rate so you know exactly what you will get back once your term is complete. Check out some of the features of our CD products:
| Account Feature | Description |
|---|---|
| Interest Rates | View our current CD interest rates |
| Interest Compounded and Paid | 91 day and 182 day CDs are compounded and paid at maturity. All other CDs are compounded and paid quarterly. |
| Fees | CDs of one year or less - 30 day interest penalty CDs of more than one year - 180 day interest penalty |
Start Saving Simply with Ascent!
Whenever you make a purchase with your CorTrust Bank debit card, Ascent will round up or down to the nearest dollar - and put the difference into your CorTrust savings account!