Savings Accounts
Explore Our Savings Accounts – Find the Right Fit to Align with Your Financial Goals
At Atlantic Bank, we understand that everyone’s savings goals are unique. That’s why we offer a variety of savings accounts designed to meet your specific needs, whether you're just starting to save, planning for a major life event, or looking to maximize your earnings. Explore our range of savings accounts and let us guide you in choosing the one that’s right for you. Take the next step towards achieving your goals and dreams.
SUPER JR. SAVERS|REGULAR SAVERS|NEST EGG|SENIOR SAVERS|TIME DEPOSITS
Super Junior Savers – Because Good Habits Start Early!
At Atlantic Bank, we believe it’s never too early to start saving. Our Super Junior Savers is designed to help young savers learn the value of money, set goals and watch their money grow. Whether it’s for educational purposes or personal goals, this account is the perfect choice to build a strong financial foundation!
Recommended for:
Children and teens up to 17 years old.
Parents who want to save for college expenses or simply give their child a head start on their financial
journey.
Product Features:
Easy online transfer of funds to your child's account
View Only access via Atlantic Online for parents/guardians
2 FREE withdrawals monthly at the Teller, after which there is a charge of $5.00 per transaction
2.50% interest per annum on balances of $500.00 to $2,499.99, which accrues daily and pays quarterly
2.75% interest per annum on balances from $2,500.00 to $4,999.99, which accrues daily and pays quarterly
3.00% interest per annum on balances of $5,000.00 and more, which accrues daily and pays quarterly
For example:If you open an account with $10.00 and save $150.00 per month, for 17 years you would have saved $39,707.66, of which $30,610.00 would be your contribution and $9,097.66 would be interest earned.
Interest Rates:Balance |
ANIR |
AEIR |
$500 to $2,499 |
2.50% |
2.524% |
$2,500 to $4,999 |
2.75% |
2.778% |
$5,000 and over |
3.00% |
3.034% |
ANIR- Annual Nominal Interest Rate (the stated interest rate, excluding any compounding of interest)
AEIR- Annual Effective Interest Rate (the actual annual interest rate, including the compounding of interest)
Requirements to Open an Account:
Child must be 17 years old or less
Valid ID of parent/guardian (Social Security Card or Passport)
Valid ID of child (Social Security Card or Passport)
Proof of Address of parent/guardian (e.g. utility bill)
A minimum deposit of $10.00
Additional Requirements for Non-residents:
Two banker's references from established financial institutions with at least 18 months banking relationship
for parent/guardian
Or, 3 months bank statements plus a character reference
Valid Passport
Regular Savings – Save today for a better tomorrow!
Established a savings habit with our Regular Savings Account. It offers a reliable way to grow your funds over time, with competitive interest rates and easy access to your money.
Recommended for:
Adults who want to save and establish a consistent savings pattern
Customers who want to save for unexpected expenses or for retirement
Product Features:
FREE Debit Card
FREE Atlantic Online and Mobile Banking
Access to GoMobile and AtlaXpress services
4 FREE ATM withdrawals monthly, after which there is a charge of $0.25 per transaction
1 FREE withdrawal monthly at the Teller, after which there is a charge of $5.00 per transaction
2.50% interest per annum on balances of $1,000.00 and more, which accrues daily and pays quarterly
For example:If you were to open an account with $20.00 and then save $150.00 per month, at the end of 10 years you would have saved $20,481.00, of which $18,020.00 would be your contribution and $2,461.00 would be interest earned.
Interest Rates:Balance |
ANIR |
AEIR |
$1,000.00 and over |
2.50% |
2.524% |
ANIR- Annual Nominal Interest Rate (the stated interest rate, excluding any compounding of interest)
AEIR- Annual Effective Interest Rate (the actual annual interest rate, including the compounding of interest)
Requirements to Open an Account:
Must be 18 years or older
Valid ID (either Social Security Card or Passport)
Proof of address (e.g. utility bill)
A minimum deposit of $20.00
Additional Requirements for Non-residents:
Two banker's references from established financial institutions with at least 18 months banking relationship
Or, 3 months bank statements plus a character reference
Valid Passport
Nest Egg Savings – Invest for the Long Term!
If you have a substantial disposable income and a strong saving habit, our Nest Egg Account is designed for you. This account rewards your strong saving habit with the benefit of higher interest rates, helping you grow your wealth over time. Invest for the long term to make your dreams come true – whatever they may be!
Recommended for:
Customers who want to save for the long term, e.g. vacation home, retirement, etc.
Customers who want to save a substantial amount of money and earn an attractive interest rate while
maintaining access to their funds.
Product Features:
FREE Debit Card
FREE Atlantic Online and Mobile Banking
Access to GoMobile and AtlaXpress services
2 FREE ATM withdrawals monthly, after which there is a charge of $0.25 per transaction
1 FREE withdrawal monthly at the Teller, after which there is a charge of $5.00 per transaction
2.50% interest per annum on balances from $5,000.00 to $249,999.99, which accrues daily and pays
quarterly
2.75% interest per annum on balances of $250,000.00 and more, which accrues daily and pays quarterly
For example: If you were to open an account with $5,000.00 and then save $500.00 per month, at the end of 10 years you would have saved $74,301.73 of which $65,000.00 would be your contribution and $9,301.76 would be interest earned.
Intererst Rate:Balance |
ANIR |
AEIR |
$5,000 - $249,999.99 |
2.50% |
2.527% |
$250,000 and over |
2.75% |
2.778% |
ANIR- Annual Nominal Interest Rate (the stated interest rate, excluding any compounding of interest)
AEIR- Annual Effective Interest Rate (the actual annual interest rate, including the compounding of interest)
Requirements to Open an Account:
Valid ID, either Social Security card or Passport
Proof of address (e.g. utility bill)
A minimum deposit of $5,000.00.
Some conditions apply.
Additional Requirements for Non-residents:
Two banker's references from established financial institutions with at least 18 months banking relationship
Or, 3 months bank statements plus a character reference
Valid Passport
Senior Savers – Retire with ease of mind!
This account is designed for retirees who want easy and secure access to their pension and life savings while earning interest with the benefit of minimal service fees.
Recommended for:
Customers who are 60 years or older; typically, retirees or individual nearing retirement.
Customers who want a secure and convenient way to manage their finances to ensure a comfortable and
financially independent retirement.
Product Features:
FREE Debit Card
FREE Atlantic Online and Mobile Banking
Access to GoMobile and AtlaXpress services
FREE ATM and Teller withdrawals
2.65% interest per annum on balances of $500 or more, which accrues daily and pays quarterly
For example: If you were to open an account with $5,000.00 and then save $500.00 per month, at the end of 10 years you would have saved $74,912.15 of which $65,000.00 would be your contribution and $9,912.15 would be interest earned.
Intererst Rate:Balance |
ANIR |
AEIR |
$500 and over |
2.65% |
2.676% |
ANIR- Annual Nominal Interest Rate (the stated interest rate, excluding any compounding of interest)
AEIR- Annual Effective Interest Rate (the actual annual interest rate, including the compounding of interest)
Requirements to Open an Account:
Must be 60 years or older
Valid ID, either Social Security card or Passport
Proof of address (e.g. utility bill)
A minimum deposit of $20
Additional Requirements for Non-residents:
Two banker's references from established financial institutions with at least 18 months banking relationship
Or, 3 months bank statements plus a character reference
Valid Passport
Certificates of Deposits - Long-term savings with added growth potential!
Time Deposits:
Invest your savings at exceptionally competitive rates and flexible maturity dates. Choose the time period that best fits your financial goal.
Product Features:
Different interest rates per period apply
Minimum time period is 12 months. Longer periods are strongly recommended
Binding commitments that place restrictions on withdrawals.
Option to renew on expiration date.
Flexible means of interest payment. Interest paid as agreed upon and deposited to assigned account.
Some conditions apply.
Requirements to Open an Account:
Valid ID (Social Security Card or Passport)
Proof of address (e.g. utility bill)
Minimum deposit of $50,000.00
Additional Requirements for Non-residents:
Two banker's references from established financial institutions with at least 18 months banking relationship
Or, 3 months bank statements plus a character reference
Valid Passport