Personal Savings Accounts
Whether you’re opening your first savings account, or just looking for a better place than your mattress (or current bank) to keep your money, we have the right savings products and services to meet your needs.
Building a smart financial future starts with a Burke & Herbert Bank savings account
- Low minimum deposit to open
- Earn interest on all savings balances
- Automatic savings plan helps make saving easier
- Convenient Online Banking access to track your savings progress
Make Saving Easy with an Automatic Savings Plan
An easy way to save money is to select an amount to save each pay period and set up payroll direct deposit into a savings account. Or simply establish a recurring transfer from your checking account to your savings account in Online Banking. Once you set up your automatic savings plan, there’s nothing you need to do except watch your savings grow. Talk to us if you need help getting started.
Quarterly Rewards Drawing Rules: Quarterly Rewards Drawing is open to individuals 17 years old and younger. Rewards are presented to the winner’s adult custodian. Each time a single deposit of $25 or more is made into a Burke & Herbert Bank Kids’ Savings Account, one qualified entry is made into a quarterly drawing. One qualified entry permitted per week. In the month following the quarter, three winners are randomly selected. The first name selected receives a $25 Visa Gift Card. The second name selected receives a $50 Visa Gift Card. The third selected receives a reward valued at approximately $100. The entire submission pool is removed after that quarter’s drawing is held. With the new quarter, a new submission pool is started. Once a name is selected for a reward, that recipient is not eligible to win again for a two-year period. Need not be a customer to win. No purchase or transaction necessary to enter. A qualified entry may be obtained by sending your name, address, and phone number to Kids’ Savings Club, PO Box 268, Alexandria, VA 22313. Only one mail-in entry allowed per person per quarter. Recipient need not be present to win. Names and images of the winners may be used for promotional purposes, including but not limited to internet and social media.
Consumer Disclosure: Prizes are one (1) $25 Visa® gift card; one (1) $50 Visa® gift card; and one (1) prize with an estimated retail value of $100. Odds of winning are determined by the number of qualified entries received.