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Personal Savings Accounts

A personal savings account is the simplest way to start investing and an easy way to earn interest.

If you already have an account and want to explore more of Triad Bank’s options, consider optimizing your savings with a money market, CD, or personal treasury index account.

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Types of Personal Savings Accounts

Personal Savings

  • Minimum to Open: $100
  • Maintenance fees range from $0 to $2 a quarter*
  • Withdrawal fees may apply
  • Savings statements are mailed quarterly*
  • E-statements are FREE. Mailed quarterly statements incur a $2 fee.

Personal Money Market

  • Minimum to Open: $500
  • Fees range from $0 to $7.50
  • Interest is compounded and paid monthly to this account on an average daily balance of $500.00 or more.

Certificates of Deposit (CDs)

  • Minimum to Open: $1,000
  • Interest begins to accrue on the business day the deposit is made
  • All CDs are automatically renewed
  • Early withdrawal penalties may apply

Personal Treasury Index

  • Minimum to Open: $10,000
  • Maintenance fees range from $0 to $15
  • Withdrawal fees may apply
  • Interest rate is adjusted weekly and based on the 90-day T-Bill rate, as quoted in the Wall Street Journal

Personal Savings Account Details

  • Minimum to open: $100.
  • Interest is compounded and paid quarterly. The interest rate on this account is a variable rate.  The interest rate and annual percentage yield (APY) for this account may change at Triad Bank's discretion.
  • Interest will only accrue on accounts with an average daily balance of $100.00 or more. View Current Rates.
  • If the account is closed prior to the accrued interest being paid, the customer will forfeit the accrued interest.
  • Triad Bank uses an average daily balance method to calculate interest on this account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing the figure by the number of days in the period. The period used is the actual number of days in the quarter.
  • Savings statements are mailed quarterly (or more frequently if you have electronic transfers).
  • Triad Bank reserves the right to require at least a seven (7) day notice of intent to withdraw funds.
  • For additional fees that are possible on this account, see our Schedule of Fees and Services.

Service Charges

  • Minimum Daily Balance
    Maintenance Fee
  • $500 or above
    No Charge
  • $499.99 and below
    $2.00*
  • *This fee will be waived for senior citizens and minor children of our customers
  • Withdrawals
    Fee
  • Six (6) withdrawals per quarter
    No Charge
  • Over six (6) withdrawals per quarter
    $2.00 each

Personal Money Market Account Details

  • Minimum to open: $500.
  • No checks are permitted with this account.
  • Interest is based on an average daily balance according to the following tiers: $500 – $2,499.99; $2,500 – $24,999.99; $25,000 – $99,999.99; $100,000 and above. View Current Rates.
  • The interest rate on this account is a variable rate.  The interest rate and annual percentage yield for this account depend upon the applicable rate tier.  The interest rate and annual percentage yield (APY) for these tiers may change at Triad Bank’s discretion
  • Interest begins to accrue on the business day the deposit is made.
  • Triad Bank uses an average daily balance method to calculate interest on this account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period used is the actual number of days in the month.
  • Interest is compounded and paid monthly to this account on an average daily balance of $500.00 or more.  If the account is closed prior to the accrued interest being credited, the accrued interest will be forfeited.
  • Triad Bank reserves the right to require at least a seven (7) day notice of intent to withdraw funds.
  • For additional fees that are possible on this account, see our Schedule of Fees and Services.

Monthly Service Charges

  • Average Daily Balance
    Maintenance Fee
  • $2,500 and above
    No Charge
  • $2,499.99 and below
    $7.50
  • Withdrawals
    Fee
  • Each debit over 10 per statement cycle
    $2.00
  • Each transit item over 10 per statement cycle
    $0.08

Certificates of Deposit Account Details

  • Minimum to open: $1,000.

Interest Information

The quoted interest rate and annual percentage yield on this account assumes interest remains on deposit until maturity. Any interest withdrawal will reduce earnings.

Compounding & Crediting

Interest is accrued on this account daily and will be paid as follows:

  • Certificates of deposit with three (3) months or less maturity will not compound and interest will be paid at maturity.
  • Certificates of deposit with maturity greater than three (3) months will compound no more frequently than quarterly. Upon request, interest will be paid monthly, quarterly or at maturity by check.

Balance Computation Method

  • Triad Bank uses the daily balance method to calculate the interest on this account. The method applies a daily periodic rate to the principal of the account each day. View current rates.
  • Interest begins to accrue on the business day the deposit is made.

Transaction Limitations

  • Deposits may not be made to this account during the CD term (with the exception of credited interest).
  • Withdrawals from principal may not be made from this account without Triad Bank's consent, except on or after maturity.
  • For accounts that automatically renew, there is a ten (10) day grace period after each renewal date. During this time, deposits and withdrawals are permitted without penalty.

Early Withdrawal Penalty

If Triad Bank consents to a request for withdrawal that is otherwise not permitted, the customer may have to pay a penalty. The penalty will be an amount equal to:

  • One (1) month’s interest penalty with maturities of less than 180 days.
  • Three (3) months interest penalty with maturities 180 days to less than three (3) years.
  • Twelve (12) months interest penalty with maturities three (3) years and greater.

Renewal Policy

  • Certificates of Deposit are all automatically renewed.
  • Each renewal term will be the same as the preceding term, beginning on the maturity date.
  • The customer must notify Triad Bank within the ten (10) day grace period of any changes to the certificate or if the customer chooses not to renew the certificate.
  • The rate for each renewal term will be determined by Triad Bank on or just before the renewal date and will be paid until the next maturity date.

Personal Treasury Index Account Details

  • Minimum to open: $10,000.
  • No checks are permitted with this account.
  • The Interest rate on this account is a variable rate. The interest rate and annual percentage yield for this account is based on the 90 day T-Bill rate. The interest rate and annual percentage yield (APY) will be adjusted weekly.
  • Interest begins to accrue on the business day the deposit is made.
  • Triad Bank uses a daily ledger balance method to calculate interest on this account. This method applies a periodic rate to the daily ledger balance in the account for the period.
  • Interest is accrued on a daily ledger balance and paid monthly to this account at the end of the statement cycle. If the account is closed before the accrued interest is credited, the accrued interest will be forfeited.
  • Due to the high interest rate earned on this account, no service charges will be waived.
  • The 90 day Treasury Bill bid rate is as quoted in the Wall Street Journal. The rate will change every Tuesday or on Wednesday if Monday is a holiday. If no 90 day rate is quoted then the rate for the closest number of days below the 90 days will be used.
  • For additional fees that are possible on this account, see our Schedule of Fees and Services.

Monthly Service Charges

  • Minimum Daily Balance
    Maintenance Fee
  • $10,000 and above
    No Charge
  • $9,999.99 and below
    $15.00
  • Withdrawals
    Fee
  • Each debit over six (6) per statement cycle
    $15.00

Interest Rates

Interest is based on the minimum daily ledger balance according to the following tiers:
  • Minimum Daily Balance
    Interest Rate
    APY
  • $10,000 or above
    90 Day T-Bill rate
    -
  • $9,999.99 and below
    Rate will be 2.50% below current 90 day T-Bill rate
    -
View Current Rates

Funds Availability Policy

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Our general policy is to allow you to withdraw funds deposited in your account on the first business day after the day we receive your deposit. Funds from electronic direct deposits will be available on the day we receive the deposit. In some cases, we may delay your ability to withdraw funds beyond the first business day. Then, the funds will generally be available by the second business day after the day of the deposit.

USA Patriot Act

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Help Us Prevent Identity Fraud

According to the Federal Trade Commission, identity theft is the fastest-growing crime in the country. Our ability to feel safe is becoming more difficult with terrorism and crime on a steady increase.

The USA PATRIOT Act has paved the way for financial institutions to help prevent fraud, identity theft, and the spread of terrorism. It requires financial institutions to obtain more information from an individual or legal entity to help establish identity.

Your cooperation is needed when you open a new account or request a loan. You may be asked more questions to establish and confirm your identity.  It may also be required for you to provide one or more forms of identification.

Identity Theft Education

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Identity theft is when someone has access to your personal information, such as your name, date of birth, and Social Security number, and uses it to commit fraud.

Identity thieves can cost you both time and money. Recognize the signs of ID theft and take immediate action.

  • Unauthorized activity is detected on your bank account or on new accounts that you have on your credit report.
  • Unexpected calls and letters from debt collectors arrive about loans or other debts that you do not owe.
  • The IRS has notified you that there is a possibility that your tax return may be incorrect or that your tax return was filed under your name previously.
  • You are notified that your account was accessed using a device you don’t recognize.
  • You are charged for medical services that you did not receive.
  • Bank statements and bills are no longer sent by mail.
  • Credit is suddenly denied to you.

Anyone can become a victim of identity (ID) theft. These steps can help reduce the risk of ID theft.

1) Secure your personal data.

  • Don't give out personal information to anyone via email, text, or phone call.
  • Switch to paperless statements.
  • Don't put anything with your Social Security Number on it in your wallet. Only give it out when absolutely necessary.
  • Do not overshare on social media. Use privacy controls to ensure that your personal information isn't made public.
  • Talk to your children about internet safety and make sure they don't share any information online without permission.

2) Protect all of your devices.

  • Make sure you keep your devices up-to-date with the most recent security patches and software.
  • Use a password that is at least 8 characters to secure your home Wi-Fi network and devices.
  • When possible, enable biometrics like fingerprint sign-on, retina/facial identification.

3) You can control who can access your accounts.

  • For each account, create a strong password and don't reuse it on any other website.
  • Multifactor authentication is a great way to provide extra security when signing in to accounts.
  • To help you keep your accounts safe and monitor your finances, activate account alerts.
  • Confirm that your email address and phone number are correct in your financial accounts.

If you are a victim of ID theft, act quickly. Report identity theft and get a recovery plan at IdentityTheft.gov.

United, we have the power to combat fraud. We believe that knowledge is the best defense against fraud. Learn more by visiting AARP Identity Theft or the Identity Theft Resource Center.