Senior Partner Savings
When you reach a certain point in your life, you should expect certain privileges. That’s exactly what you get with Senior Partner Savings. You can open the account with as little as $50. Your monthly maintenance fee is waived, as long as you maintain the required minimum balance. You earn tiered interest, compounded daily, with the first tier being $0-$4,999. And you also get some nice benefits like a discounted safe deposit box, free notary service, and some benefits that even extend to your children and grandchildren under 18.
Talk with your local TowneBank banker about opening your Senior Partner Savings.
Benefits for You & Your Family
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As a Senior Partner account holder, you could be eligible to be a part of our Senior1 Partner Program which includes the following benefits:
- Free notary services
- Legacy Benefits Program
- Free safe deposit box rental for the first year, 50% discount thereafter with automatic debit when available
- $250 credit towards closing costs (mortgages and reverse mortgages) when financing a home mortgage with TowneBank Mortgage*
- No TowneBank fee for IRA transfers from other financial institutions
- CD and IRA statements available upon request
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The financial well-being of your family is important to you. The Legacy program extends these benefits to the children and grandchildren of our Senior1 Partners:
- Towne Classic Checking account with no monthly maintenance fee
- Free Online Banking and Bill Pay
- Free Mobile Banking** with Mobile Deposit**
- ¼% Discount on consumer loan* rates
- TowneBank Rewards® Credit Card with no annual fee*
- Students2 receive a Towne Classic Checking Account with no monthly maintenance fee
- Children under 18 receive a savings account with no monthly maintenance fee
- First order of custom TowneBank checks free
- Free cashier’s checks
- Free notary services
- $50 minimum opening balance
1 Seniors are age 62 or better
2 Full-time student with parent’s account at TowneBank
* Normal credit approval criteria apply.
** Your mobile carrier's web access and text messaging charges may apply. Mobile check deposit is subject to eligibility and further review. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply. Availability may be affected by your mobile carrier's coverage area.
Transaction limitations apply to savings and money market accounts. The first six (6) monthly external transactions are included and a $10.00 fee applies for each additional external transaction. External transactions are transfers from a savings or money market account to third parties by check, through point-of sale purchase transactions or similar debit card transactions, by pre-authorized or automatic agreements through an automated clearing house (ACH), wires, telephone, online or similar order payable to a third person, or ATM withdrawals. Exceptions apply for bank-initiated transactions and transactions required for legal reason.
NMLS# 512138