Personal Banking Savings

Proudly serving individuals and area businesses since 1892

Independent and locally owned, Cortland Banks is here to fully service your savings needs. In addition to the products listed here, we also offer automated teller services, time deposit accounts and safe deposit boxes. If you have any questions, our friendly staff would be happy to assist you. At Cortland Banks, all savings products are interest-bearing accounts. We encourage you to use our FREE Internet Banking, where you can check your balance, transfer funds between accounts and download transaction information from the convenience of your home or any computer with Internet access. Most savings accounts also offer an ATM card, allowing you to access your account funds 24 hours a day, 7 days a week. Cortland Banks also provides Free Notary Services with all savings accounts. Also, ask about our most recent rates for time deposit accounts.

 

To view your Savings Account history, balance, alerts and more, sign up for Mobile Banking.

For our youngest savers, please also see our Strong Saver Reward Program..


FEATURES PASSBOOK SAVINGS STATEMENT SAVINGS SUPER PASSBOOK SAVINGS & PLATINUM STATEMENT SAVINGS CHRISTMAS SAVINGS MMDA FEATURES
Earns Interest Yes Yes Yes Yes Yes Earns Interest
Interest Rate Tiers N/A N/A $1,000-$9,999
$10,000-$24,999
$25,000-$74,999
$75,000 and up
N/A $2,500-$9,999
$10,00-$49,999
$50,000-$99,999
$100,000-$499,999 $500,000 and up
Interest Rate Tiers
Minimum Deposit to Open Account $50.00 $50.00 $1,000.00 N/A $2,500.00 Minimum Deposit to Open Account
Required Average Collected Balance to Waive Fees -Average collected balance of $200.00 required;
-$4.00 quarterly fee if average collected balance falls below minimum.
-Average collected balance of $200.00 required;
-$4.00 quarterly fee if average collected balance falls below minimum (waived for age 50 and over and minors).
-Average collected balance of $1,000.00 required;
-$5.00 monthly fee if average collected balance falls below minimum.
No minimum -Average collected balance of $2,500.00 required;
-$10.00 monthly fee if average collected balance falls below minimum.
Required Average Collected Balance to Waive Fees
ATM No PULSEĀ® only No No PULSEĀ® only ATM
NetTeller (Internet) / Telephone Banking Inquiry only Yes Inquiry only NetTeller - Yes
Telephone Banking - No
Yes NetTeller (Internet) / Telephone Banking
Excess Debit Charges Debits for this account will be limited to 12 debits per quarter;
$1.00 per debit over maximum (12).
"Preauthorized", "automatic", and "telephone" transfers are restricted (6 per month).Withdrawals or transfers made in person, by mail or ATM are not restricted.
"Preauthorized", "automatic", and "telephone" transfers are restricted (6 per month). Withdrawals or transfers made in person, by mail or ATM are not restricted. "Preauthorized", "automatic", and "telephone" transfers are restricted (6 per month). Withdrawals or transfers made in person, by mail or ATM are not restricted. Withdrawals are not allowed. "Preauthorized", "automatic", and " telephone" transfers are restricted (6 per month). Withdrawals or transfers made in person, by mail or ATM are not restricted.
$5.00 per debit over maximum (6).
Excess Debit Charges
Additional Disclosures -$5.00 quarterly fee is assessed to dormant and/or inactive accounts;
-$20.00 fee if account closes during the first 90 days;
-Online and telephone banking are limited to inquiries only.
-$5.00 quarterly fee is assessed to dormant and/or inactive accounts;
-$20.00 fee if account closes during the first 90 days;
-Online and telephone banking cannot be used for bill pay.
-$5.00 quarterly fee is assessed to dormant and/or inactive accounts;
-$20.00 fee if account closes during the first 90 days;
-Online and telephone banking are limited to inquiries only.
-$5.00 quarterly fee is assessed to dormant and/or inactive accounts;
-No interest if the account closes prior to scheduled payout;
-Online banking limited to transfers in and inquiry only.
$5.00 quarterly fee is assessed to dormant and/or inactive accounts. Additional Disclosures
Other Benefits Free telephone banking;
Free internet banking;
Free notary service;
Direct deposit.

See also Strong Saver.
Free internet banking;
Free notary service.
No fee at Cortland Banks ATMs;
Free notary service;
Direct deposit;
Free telephone banking;
Free internet banking.
Other Benefits
Member FDIC
Equal Housing Lender
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