Cullman Savings Bank in Cullman, Alabama is a member FDIC bank that offers savings accounts, checking accounts, mortgages, loans, and more. They offer a lot of features including online banking, and more.
Cullman Savings Bank – Banking Rates:
The following products require a $1,000 minimum, all rates are in APYs and their could be fees associated to the accounts below.
CD Rates:
- 3-month CD .50%
- 6-month CD .75%
- 1-year CD 1.00%
- 20-month Option CD 1.25%
- 48-month Option CD 1.75%
- 2-year CD 1.25%
- 3-year CD 1.50%
- 5-year CD 1.75%
- IRA (18-month term/$100 min.) 1.50%
Money Market Account Rates:
- Money Market over $25,000 .65%
- Money Market $10,000 – $25,000 .40%
- Money Market $1,000 – $10,000 .25%
Savings Rates:
- Passbook / Statement Savings
- ($100 min. to open) .40%
- Platinum Savings
- ($500 min. to earn interest) .65%
Checking Rates:
- Platinum Checking >$10,000 .65%
- Checking .25%
- Certificates of Deposit — Substantial penalty for early withdrawal
Cullman Savings Bank Products:
Passbook or Statement Savings
- Minimum balance is $100.00 to earn interest and avoid a $3.00 quarterly fee.
- Interest is compounded daily and posted to your passbook quarterly.
- Your money is available anytime with no penalty for withdrawal.
Platinum Savings
- Minimum balance is $500.00 to earn interest and avoid a $10.00 quarterly fee.
- Interest is compounded daily and posted to your account quarterly.
- Your money is available anytime with no penalty for withdrawal.
- Statement only – no passbook
- Standard Certificates of Deposit
- Maturities range from 91 days to 5 years.
- With a minimum balance of $1,000.00, interest earned may be reinvested or transferred to another account.
- With a minimum balance of $5,000.00, interest may be paid by check.
Cullman Savings Bank Locations:
- 316 Second Avenue SW Cullman, Alabama 35055 (256) 734-1740
- 101 Main Street SW Hanceville, Alabama 35077 (256)352-6411
- 3201 AL Highway 157 Cullman, Alabama 35058 (256)734-7449
