Personal Savings

LOCAL. MINOR ACCOUNT.

Get your children started on a savings plan that offers interest with our South Carolina Uniform Gifts to Minors Account.
  • Children must be younger than 21 years of age
  • No minimum to open
  • Limited transactions (Federal regulations limit the total number of transfers, withdrawals, checks, debit card transactions or similar orders payable to third parties to six (6) per month.)
  • Competitive interest rates
  • Quarterly statements
  • No minimum balance or monthly maintenance fee


LOCAL. SAVINGS.

Offers interest which is a great way to grow your savings.
  • $50 minimum to open
  • Limited transactions (Federal regulations limit the total number of transfers, withdrawals, checks, debit card transactions or similar orders payable to third parties to six (6) per month.)
  • Competitive interest rates
  • Free ATM/Debit Card with worldwide access ($50 minimum withdrawal required to avoid service charge from other financial institutions)
  • Quarterly statement
  • Free CSTelebanc®
  • Free CSOnline®
  • No monthly maintenance fee with $200 minimum daily balance; $5/quarter if you fall below the minimum


LOCAL. HEALTH SAVINGS ACCOUNT (HSA).

An HSA is a tax-sheltered savings account that allows individuals to pay for qualified medical expenses; such as prescriptions, co-pays, dental care, eye care and more.
Contributions made to the HSA may be tax deductible and interest earned is tax deferred.

HSA deposits earn interest, but the account acts like a checking account – allowing access to funds at any time with an HSA CheckCard or checks.

  • No minimum to open
  • Free Direct Deposit
  • Free Instant Issue HSA Visa® Card
  • Free first order of checks
  • Monthly Statements
  • Free CSTelebanc®
  • Free CSBillPay®
  • No monthly maintenance fee 


LOCAL. CATASTROPHE SAVINGS ACCOUNT (CSA)

Catastrophe Savings Accounts allow South Carolina residents to prepare for the financial impact of a catastrophic storm and save on South Carolina income taxes.

  • Catastrophe Savings Accounts allow you to set money aside in an interest bearing account, state income tax-free, to pay for qualified catastrophe expenses.
  • Qualified catastrophe expenses are expenses paid or incurred by reason of a major disaster that has been declared by the Governor to be an emergency by Executive Order. These expenses include payment of insurance deductibles and other uninsured risks of loss from hurricane, rising floodwaters or other catastrophic windstorm event damage.
  • South Carolina residents who own a single family residence (house, condo, townhouse, modular or mobile home) that qualifies as a legal residence for South Carolina property tax purposes can contribute to a Catastrophe Savings Account.
  • For further details and contribution limits, please contact a Customer Service Representative.