Personal Deposit Accounts

For almost a century, Quaint Oak Bank has been providing our customers with personal deposit accounts. It is essential that you feel confident in your finances long-term – that is why we offer deposit options to meet your financial future. Our unique relationship-based customer service, coupled with progressive banking solutions delivers our customers a trustworthy and forward-thinking banking experience. 

Woman opening a personal bank account online with Quaint Oak Bank on a laptop

Personal Checking Accounts

A personal checking account is ideal for everyday banking needs. It allows you to deposit and withdraw funds frequently, making it convenient for bill payments, shopping, and managing routine expenses. Learn more about personal checking accounts. 

Certificates of Deposit (CDs)

Certificates of deposit (CDs) offer higher interest rates compared to standard savings accounts in exchange for locking in your funds for a set period. With terms ranging from 6 months to 5 years, CDs are perfect for those who don’t need immediate access to their funds. Explore our CD options. 

Young family of three around kitchen table discussing savings accounts

Savings Accounts – Investing in Your Future

It is essential that you feel confident in your finances long-term – that is why we offer a personal savings account to strengthen your financial future. A traditional and dependable source of savings, a Quaint Oak Bank savings account can ensure you peace of mind. No matter your financial goals, we want to help you find a banking solution that works for today while saving for tomorrow.

Account TypeInterest RateAnnual Percentage Yield
Classic Savings0.20%0.20%
Minimum opening balance is $25.00. Rates are variable and subject to change.

Certificates of Deposit – CD Accounts

Certificates of deposit are a great way to earn interest on a lump sum over a specified period of time. CD accounts differ slightly from traditional savings accounts; they are based on specific, fixed rate terms and interest rates. With account types ranging from 6 months to 5 years, a CD provides a higher rate of interest than a traditional savings account.

Account TypeInterest RateAnnual Percentage Yield
6 Months4.29%4.45%
12 Months4.34%4.50%
18 Months4.11%4.25%
2 Years3.87%4.00%
3 Years3.87%4.00%
4 Years3.87%4.00%
5 Years3.87%4.00%
Minimum deposit for certificates of deposit is $500.00. Certificates of deposit accounts carry a substantial penalty for early withdrawal. All rates are subject to change.

Personal Money Market Account

Featuring a low minimum deposit and competitive rates, Quaint Oak’s personal money market accounts are one of our most popular account types. Our money market accounts allow our customers to earn interest on their savings, while still allowing them access to their funds. Ideal for the customer who is always on the run, transfers into and out of your account are easily made with our online banking tool, BillPay. 

Account TypeInterest RateAnnual Percentage Yield
Tier 1 ($0-$999)1.95%2.00%
Tier 2 ($1,000 – $2,499)1.95%2.00%
Tier 3 ($2,500 and higher)1.95%2.00%
Minimum opening balance is $25.00. Interest is paid and annual percentage yield is earned on entire balance in account. Rates are variable and subject to change.

Military Advantage Money Market Account

Quaint Oak wants to thank the people in our military for serving our country. Exclusively for military customers, a Military Advantage account provides select benefits for our Service Members and Veterans.

Learn more about our Military Advantage account options.

Account TypeInterest RateAnnual Percentage Yield
Tier 1 ($0-$999)1.95%2.00%
Tier 2 ($1,000 – $2,499)1.95%2.00%
Tier 3 ($2,500 and higher)2.00%2.05%
Minimum opening balance is $25.00. Interest is paid and annual percentage yield is earned on entire balance in account. Rates are variable and subject to change. Not to be combined with any other package or programs. Surviving spouses qualify with marriage license. Military ID or Form DD214 required.
Group of people discussing the Quaint Oak Bank's savings accounts

Why Choose Quaint Oak Bank for Your Deposit Products? 

Our personal checking accounts and collection of savings accounts provide customized solutions to fit your needs. We can help you select and apply for the account that meets your needs. Whether you’re looking for a reliable checking account, a high-yield savings option, or a flexible money market account, we offer a range of deposit products to help you meet your financial goals, contact us for more information.

All Rates are Effective 12/06/2024