Savings Accounts

Start saving today with Ambler Savings Bank. You don’t need a lot of money to open an account, and if you make regular deposits you’ll be amazed at how quickly your money grows.

Simply Savings Account

A great way to start saving.

  • Earns interest on account balances of $50 or more 
  • $2 monthly service fee if minimum daily balance of $50 per day is not met

Savings Accounts

Effective As of 4/24/2025

TypeMinimum Balance for APY*Minimum Deposit to OpenInterest RateAPY*
Simply Savings$50$500.30%0.30%
Business Savings$50$500.30%0.30%
Children Savings$50$500.30%0.30%

*APY means Annual Percentage Yield. Minimum daily balance is the amount of principal in the account each day. Fees could reduce earnings on your account. Rate subject to change. Speak to a Customer Service Representative for more information.

Children’s Savings Account

Ideal for children age 0 up to 13!

Help control your child’s savings and earn interest. Teach your kids good money habits as they grow with a Children’s Savings Account.   

  • Earn interest on account balances of $50 or more
  • No monthly service fee (for account holders less than 18 years of age)
  • No minimum balance
  • Parent or guardian must be the primary signer on the account

Ready to get started?

Visit one of our branches to open an account. 

To open a children’s savings account, please provide the following:

  • Child’s name, birth date, social security number and form of ID.
    • Acceptable forms of ID include, passport, social security card, state ID, driver’s license, birth certificate or school issued ID.
  • Parent/Guardian picture identification, such as a driver’s license or passport, social security number, address, phone number and email address.
  • An initial deposit (cash or check). $50 minimum to open account.

Savings Accounts

Effective As of 4/24/2025

TypeMinimum Balance for APY*Minimum Deposit to OpenInterest RateAPY*
Simply Savings$50$500.30%0.30%
Business Savings$50$500.30%0.30%
Children Savings$50$500.30%0.30%

*APY means Annual Percentage Yield. Minimum daily balance is the amount of principal in the account each day. Fees could reduce earnings on your account. Rate subject to change. Speak to a Customer Service Representative for more information.

Teen Honors Banking

Spending & Savings Accounts
For 9th-12th Graders

Teen Honors Banking will help students in high school manage their money – and get rewarded for good grades!  The program gives students a spending account (also known as a checking account) and savings account with all the latest technology to manage money on-the-go. 

$50 Good Grades Bonus* 

Students in the program with a cumulative end-of-year weighted GPA of 3.5 or better can receive a $50 bonus – each year they qualify. Simply bring in your report card or transcript at the end of the year (by July 31st) to be eligible.

Perks…

  • Free Debit Card
  • Apple Pay® & Google Pay™
  • Free Mobile App
  • Free Online Banking
  • Enroll in free monthly e-Statements or a monthly paper statement fee of $5.00 per month per account will be automatically withdrawn from your account.*

Ready to get started?

Visit one of our branches to open an account.  Both the student and parent/guardian must be present at the time of account opening. The student must be the primary account holder, with a parent/guardian as the joint account holder. 

To open the account, please provide the following:

  • Child’s name, birth date, social security number and form of ID.
    • Acceptable forms of ID include, passport, social security card, state ID, driver’s license, birth certificate or school issued ID.
  • Parent/Guardian picture identification, such as a driver’s license or passport, social security number, address, phone number and email address.
  • An initial deposit (cash or check). There is a $50 minimum deposit to open for the Spending Account and the Savings Account. 

Money Market Accounts

For long term savers who want to earn interest and watch their money grow.

  • Higher interest rate with balances of $2,500 or more
  • Additional tiers at $20,000 and more. 
  • $2 monthly service fee if daily balance of $50 is not met (waived for account holders under 18 years of age)

Money Market Account

Effective As of 4/24/2025

Minimum Balance for APY*Minimum Deposit to Open*Interest RateAPY*
$50$500.20%0.20%
$2,500$500.30%0.30%
$20,000$500.50%0.50%
$50,000$500.75%0.75%
$100,000$501.00%1.00%
$200,000$501.49%1.5%

*APY means Annual Percentage Yield. Minimum daily balance is the amount of principal in the account each day. Fees could reduce earnings on your account. Rate subject to change. Speak to a Customer Service Representative for more information.

Clarifi

If you are experiencing financial uncertainty or simply looking to get your finances in shape, check out CLARIFI, a non-profit organization that connects you with a Certified Financial Counselor. Services include credit counseling, debt management, financial wellness, budgeting, and much more.

There is no initial consultation fee and most ongoing services are of no charge to you.

Learn More

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