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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

Open Today

e-Statement Enrollment Form (print, complete and return)

Note: Signing up for e-Statements will automatically discontinue you from getting paper statements. While statements are available in online banking, you must fill out this form to receive notification, by email that statements are available, in order to discontinue your paper statement. Statement type is on an account by account basis, make sure you list every one of your accounts on the form when you sign up.

See current rates.

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