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Albion Banking Center

53 E State St
Albion, PA 16401
Phone: (814) 756-4138

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Albion Banking Center

Andover Banking Center

19 Public Square
PO Box 1300
Andover, OH 44003
Phone: (440) 293-7605

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Andover Banking Center

Ashtabula Harbor Banking Center

1630 West 19th Street
Ashtabula, OH 44004
Phone: (440) 964-8999

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Ashtabula Harbor Banking Center

Austinburg Banking Center

1853 Route 45
PO Box 273
Austinburg, OH 44010
Phone: (440) 275-3333

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Austinburg Banking Center

Conneaut Banking Center

339 State Street
Conneaut, OH 44030
Phone: (440) 593-6595

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Conneaut Banking Center

Andover Bank Corporate Headquarters

600 East Main Street
PO Box 1300
Andover, OH 44003
Phone: (440) 293-7256

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Andover Bank Corporate Headquarters

Edinboro Banking Center

212 Plum St
Edinboro, PA 16412
Phone: (814) 734-1655

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Edinboro Banking Center

Geneva Banking Center

665 South Broadway
Geneva, OH 44041
Phone: (440) 466-3040

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Geneva Banking Center

Jefferson Banking Center

150 North Chestnut Street
Jefferson, OH 44047
Phone: (440) 576-2265

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Jefferson Banking Center

Madison Banking Center

6611 North Ridge Road
Madison, OH 44057
Phone: (440) 417-0200

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Madison Banking Center

Millcreek Banking Center

2420 Zimmerly Rd
Erie, PA 16506
Phone: (814) 833-4550

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Millcreek Banking Center

Stow Loan Production Office

3924 Clock Pointe Trail, Ste. 101
Stow, OH 44224
Phone: (844) 259-5473

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Stow Loan Production Office

Savings

Personal Savings

Save smarter with us

Whatever your goals, Andover Bank has the tools to help you reach them. From a basic emergency fund to your long-term goals - and everything in between - we can make your money work for you.

Compare Statement Savings Smart Saver Companion Savings Preferred Money Market Money Market Plus

 

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Minimum to Open Account

$0

$0

$0

$0

$0

Monthly Maintenance Fee

$3

$10

$0

$10

$10

Required Balance to Avoid Monthly Fee

$100

$1,000

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$1,500

$5,000

Earns Interest

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Bonus Rate Eligible*

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Withdrawal Limit

6 per statement cycle

6 per statement cycle

6 per statement cycle

6 per statement cycle

6 per statement cycle

Other Features

No fee for account owners under age of 18 or over 60

Great introductory rate for balances of $10,000 or more, and tiered rate thereafter

Rewards Checking Account required to open. E-statements required

Tiered interest delivers higher interest for higher balances. Interest paid monthly

Premium tiered interest. Interest paid monthly

 

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Statement Savings

Open Now

Minimum to Open Account

$0

Monthly Maintenance Fee

$3

Required Balance to Avoid Monthly Fee

$100

Earns Interest

Checkmark
See Rate

Bonus Rate Eligible*

--

Withdrawal Limit

6 per statement cycle; $5.00 fee per withdrawal thereafter

Other Features

No fee for account owners under age of 18 or over 60

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Smart Saver

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Minimum to Open Account

$0

Monthly Maintenance Fee

$10

Required Balance to Avoid Monthly Fee

$1,000

Earns Interest

Checkmark
See Rate

Bonus Rate Eligible*

--

Withdrawal Limit

6 per statement cycle; $5.00 fee per withdrawal thereafter

Other Features

Great introductory rate for balances of $10,000 or more, and tiered rate thereafter

Learn more

Companion Savings

Minimum to Open Account

$0

Monthly Maintenance Fee

$0

Required Balance to Avoid Monthly Fee

--

Earns Interest

Checkmark
See Rate

Bonus Rate Eligible*

Checkmark

Withdrawal Limit

6 per statement cycle; $5.00 fee per withdrawal thereafter

Other Features

Rewards Checking Account required to open. E-statements required

Learn more

Preferred Money Market

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Minimum to Open Account

$0

Monthly Maintenance Fee

$10

Required Balance to Avoid Monthly Fee

$1,500

Earns Interest

Checkmark
See Rate

Bonus Rate Eligible*

--

Withdrawal Limit

6 per statement cycle; $15.00 fee per withdrawal thereafter

Other Features

Tiered interest delivers higher interest for higher balances. Interest paid monthly

Learn more

We also have other great savings tools, like our Christmas Club Account and Health Savings Account:

Christmas Club

A fun and easy way to save for holiday shopping. Save as much or as little as you want, and receive a deposit, plus interest, to your linked checking or savings account in time for holiday shopping.
Available to use year after year.

Health Savings Account (HSAs)***

HSAs are one of the best ways to offset healthcare costs, allowing you to earn interest on tax-free deposits. Distributions are tax free when used for qualified medical expenses. Best of all, unused funds roll over from year to year, affording you a cushion for medical expenses and peace of mind.

Account features:

  • Tiered interest compounded monthly
  • 5 free debits per statement cycle ($0.50 per debit thereafter)
  • $25 annual fee
  • Individual and family plans available

To qualify for an HSA, the owner must have a high deductible health plan (this is not a product for the uninsured), may not have other health insurance coverage, is not entitled to Medicare benefits and cannot be claimed as a dependent on someone else's tax return. Contribution limits apply.

Statement Savings Account

A simple, straightforward savings option that pays interest on daily balance.

  • Account compounds quarterly
  • $3 per month service fee for account balances below $100
  • No fee if account owner is under 18 or over age 60
  • Up to 6 withdrawals per month 

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Smart Saver Account

Earn a great introductory rate on balances of $10,000 or more for the first 90 days after account opening, and a great tiered rate thereafter.

  • Tiered interest
  • $10 per month service fee for account balances that fall below $1,000 at any time
  • Up to 6 withdrawals per month 
  • Limit 1 per customer

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Companion Savings

Maximize your savings when you link a Companion Savings account to your Rewards Checking account! Earn a special bonus rate* with interest paid monthly, plus no monthly service fee or minimum balance.

  • Interest paid monthly
  • Earn a bonus rate*
  • No monthly fee
  • No minimum balance
  • E-Statements required

*To earn bonus rate: must make 12 debit card (POS) transactions of $10 or more each statement cycle (must post and clear in cycle) on linked Rewards Checking Account, and receive e-statements.

Preferred Money Market

Our Money Market account is perfect for your larger balances. With tiered interest, the higher your balance, the more you earn.

  • Tiered interest compounded monthly
  • $10 per month service fee for account balances below $1,500
  • Limited check writing ability**

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**You may make six (6) withdrawals or transfers to another account of yours or to a third party by means of a pre-authorized or automatic transfer or telephone order or instruction, computer transfer or by check, draft debit card or similar order to a third party. 

Money Market Plus

Money Market Plus gives you CD like interest but you still maintain access to your funds whenever you need it. It's a win-win. 

  • Tiered interest compounded monthly
  • $10 per month service fee for account balances below $5,000
  • Limited check writing ability**

**You may make six (6) withdrawals or transfers to another account of yours or to a third party by means of a pre-authorized or automatic transfer or telephone order or instruction, computer transfer or by check, draft debit card or similar order to a third party. 

Ready to get started, or need help choosing the right account?

Andover Bank has your back. Give us a call at (844) 259-5473 or stop by one of our banking centers to meet with a personal banking specialist and find the account that best maximizes your savings.

HSA

HSA Video