Savings & Money Market Comparison Chart

We offer a variety of account to fit your needs!

Compare features and benefits to find the best account for you.

Account type opening deposit Minimum daily balance monthly service charge (if minimum balance not maintained) interest frequency checking & WITHDRAWALS*
Online Banking, Bill Pay & Mobile Banking
Providence Savings $300 $300 $3 Quarterly 6 Yellow check mark icon
Young Savers $0 $300
Waived for account holder under age 18.
Quarterly 6 Yellow check mark icon
Christmas Club**

$10 $0 $0 Annually 6 Yellow check mark icon
Providence Investment Savings $5,000 $5,000 $20 Quarterly  6 Yellow check mark icon
Money Market $1,000 $1,000 $10 Monthly 6 Yellow check mark icon
Health Savings Account*** $50 $3,000
$1.95 with eStatements.
$3.95 with Paper Statements.
Monthly Unlimited Yellow check mark icon
*Up to six preauthorized transfers are allowed per month. Each transfer or withdrawal over the limit of six will be charged $10 on all money market accounts and $5 per transfer/withdrawal over six on all savings accounts.  Each transfer or withdrawal will be charged $2 on all Christmas Club accounts.
**Funds deposited to your checking account annually on Christmas Club accounts.
***If contributions are made after income was taxed, the amount deposited is tax deductible. Withdrawals for non-qualified medical expenses are subject to income tax and a 20% IRS penalty. The 20% IRS penalty is waived for persons 65 and over or who have become disabled. Consult a tax advisor.