Grow Your Money at Your Pace
Ballston Spa National Bank Money Market Accounts and Certificates of Deposit give you more ways to put your money to work, with local support every step of the way.
Money Market Accounts
Platinum Money Market
| Minimum Deposit to Open | $10,000 |
| Minimum Balance to Avoid Maintenance Fee | No monthly maintenance fee with an average daily balance of $10,000 or more |
| Maintenance Fee | Monthly maintenance fee of $10 if average daily balance falls below $10,000 |
| Interest Earned1 | Earn higher interest rates with higher balances |
| ATM Access | Yes |
| Online Banking Eligibility | Yes |
| Check Writing | Yes3 |
Premier Money Market
| Minimum Deposit to Open Account | $10,000 |
| Minimum Balance to Avoid Maintenance Fee | No monthly maintenance fee with an average daily balance of $25,000 or more |
| Maintenance Fee | Monthly maintenance fee of $10 if average daily balance falls below $25,000 |
| Interest Earned1 | Earn higher interest rates with higher balances |
| ATM Access | Yes |
| Online Banking Eligibility | Yes |
| Check Writing | Yes |
Certificates of Deposit
Guaranteed Growth, Zero Guesswork
A BSNB Certificate of Deposit gives you one of the safest, most predictable ways to grow your savings, with a locked-in rate. Choose your term, set it, and let your money do the work.
- A variety of terms ranging from 3 to 60 months.
- FDIC insured up to $250,000 for peace of mind.
- Automatic renewal at maturity or cash out on your terms.
- Earn preferred rates when you join the Premier Plan.
MOney market accounts
More Than a Savings Account
A BSNB Money Market Account works harder than a basic savings account – without the commitment of a CD. Gain competitive interest, easy access to your funds, and the peace of mind that comes with a local bank.
- Earn higher rates with higher balances.
- Enjoy easy access to your funds.
- Minimum $10,000 to open.
- Includes check writing.
We Are Here to Help.
Have a question about accounts, loans, digital banking, or the right next step?
Our team is ready to help you get where you need to go.
Everyday Banking Made Easy
Digital Banking
Accomplish a variety of your everyday banking tasks using your mobile device or tablet.
Refer a Friend
Refer a friend and earn $50 when they open a personal checking account.
Gift & Travel Cards
The gift that works for everyone, every occasion. Purchase at your local branch.
Frequently Asked Questions
A Certificate of Deposit is an account that earns a fixed interest rate over a set term – typically three months to five years. You deposit a set amount, agree not to withdraw it for the term, and in return, BSNB guarantees your rate. At the end of the term (maturity), you receive your original deposit plus the interest earned.
The minimum to open a CD depends on the terms you select. See our current rates and contact your local branch for more information or to open an account.
Early withdrawals from a CD are subject to a penalty that varies by term. We recommend choosing a term that aligns with your financial timeline – and if you need more flexibility, a Money Market Account may be a better fit. Talk to a BSNB Relationship Banker, and we’ll help you decide.
At maturity, you can withdraw your funds, roll them into a new CD, or discuss other savings options with your banker. If no action is taken, your CD will automatically renew with a term and rate disclosed to you prior to maturity.
Monthly fees on BSNB Money Market accounts vary by account type and are typically based on maintaining a minimum balance. See our money market accounts and contact your local branch for more information.
Yes. Your BSNB Money Market Account is fully accessible through online and mobile banking. Transfer funds, check balances, and view statements anytime at bsnb.com or through the BSNB mobile app. Apply online today.
Individual Retirement Accounts
BSNB Individual Retirement Accounts make it easy to save for retirement on your terms, with local guidance every step of the way. Whether you’re just starting out or maximizing contributions, we’re here to help.
- Traditional and Roth IRA options.
- Convenient digital access with online and mobile banking.
- Backed by local service and support when you need it.
- FDIC-insured deposits ensure your funds are secure.
Go Further With BSNB
Explore products and services that support you in every stage of life.
1Fees may reduce earnings.
2Premier Checking account required. The minimum to open Premier Checking is $50. Combined CD/savings/money market and checking balances must be at least $20,000 to waive the Premier Checking maintenance fee of $15.
