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Personal Savings

At Eastern Michigan Bank, we offer a variety of products to help you meet your short and long term personal savings goals.


Personal short term savings options include basic savings accounts, money market accounts and health savings accounts (HSAs). Personal long term savings options include individual retirement accounts (IRAs) and certificates of deposit(CDs). 

To open an account, stop in to an Eastern Michigan Bank branch near you.
  • Low $10 minimum deposit to open
  • $100 average daily balance to avoid $7 quarterly service fee
  • Earns interest
  • $2,500 minimum deposit to open
  • $2,500 average daily balance to avoid $10 monthly service fee
  • Earns tiered interest rate1
  • Check writing privileges
  • Low $10 minimum deposit to open
  • No minimum balance requirements or monthly service fee
  • Earns interest
  • Funds distributed each year in November -- just in time for holiday shopping or year end expenses.
Our Sunny Savers account can be a great tool for teaching your child the importance of saving at an early age!

  • Open with just $10.00
  • No minimum balance requirement or monthly service fee
  • Child receives a free piggy bank at account opening
  • Free use of our coin sorters²
¹Sunny Savers accounts automatically convert to a Statement Savings account when a child turns 16.
²Coin sorters available in Fort Gratiot, Marysville, Port Huron and Sandusky

Savings Accounts and Federal Regulation D

Federal regulation limits the number of withdrawals and/or transfers that may be made from any savings or money market account by check, debit card or other electronic means to a combined total of six per statement cycle. Any withdrawal or transfer over the limit, regardless of the method, will result in an excess transaction fee. Repeatedly exceeding the limit may result in your account type being changed or possibly even closed. 
 

Dormant Account Fees

Quarterly and monthly service charges are separate from dormant account fees. Any savings account that has no activity for 12 consecutive months will be subject to a $7 per month dormant account fee.

1Tiers for tiered rate accounts are:

  • $100,000 - $100,000+
  • $25,000 - $99,999
  • $2,500 - $24,999
  • $0 - $2,499