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Savings Accounts

A penny saved is a penny earned. A penny saved at Malvern Bank…well, that’s a fine step forward on the road to financial planning. Our passbook savings account is a convenient way to save money, and it can also be linked to your Malvern Bank debit card.

Whether you’re saving up for a new ride for the Wabash Trace bike trail or setting aside money for a rainy day, we can help!

Passbook Savings

  • Minimum opening balance: $100.00
  • No monthly service fees*
  • Free online banking
  • Monthly statements (if there are automatic transactions in a month)
  • Interest is paid on the last business day in March and September.

To open a savings account click on the link below, call 712-624-8686 or fill out our contact form and we’ll get the paperwork started.

*Dormant account fee may apply

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See current rates.

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