Bank Services
Fox Bank offers an array of account types and protection to serve the needs of our clients. We exist to provide all the needs of our clients from savings accounts, checking accounts, to money market accounts, to custodial accounts and safe keeping receipts. Fox Bank has what it takes to service the working customer as well as the sophisticated investor.
Savings
Fox Bank offers a variety of savings plans. We have developed many ways for you to save. Simply choose the plan that fits your needs. All accounts at Fox Bank are insured up to $1,000,000.00 by Fox Bank Private Insurance. That means safety and security for your accounts.
Traditional Savings Plan
These accounts earn a competitive dividend and you can make deposits or withdrawals at any time. With this account, you earn daily interest that is paid each month. Any number of savings accounts can be opened by a customer. These all feature:
- Unlimited access
- Competitive yields
- Insured by Fox Bank Private Insurance to $1,000,000.00 per account
- Current Yields
Money Market
If you are looking for an account that earns market rates, try Fox Bank's Money Market Account. There is no monthly fee. And it features:
- High yields with flexibility
- Six free withdrawals per month ($5.00 thereafter)
- Insured by Fox Bank Private Insurance to $1,000,000.00 per account
Youth Saver
A Youth Saver account is a great way to teach your child the value of money. Youth Saver accounts offer:
- The same high yields as the Money Market Account
- The opportunity for parents, grandparent, other relatives and friends to deposit into the account for birthdays and other milestones as you child grows.
- Allows only one withdrawal per year in case a special need arises (additional withdrawals in a calendar year are subject to a $5.00 penalty per withdrawal)
- Automatically converts to a regular Savings Account on the youth's twenty first birthday allowing complete access to the funds
Savings Certificates
Fox Bank offers a variety of high yield savings certificates with terms ranging from 1 month to 60 Months, or longer, should our Customer desire a longer term. Certificates can be purchased with minimum deposits of $500, $1,000 and $10,000, and $100,000, each with a different annual yield. Dividends are paid each month and at maturity; you have the option of compounding your dividends back into the certificate or transferring them to your savings or checking account at each monthly payment.
Checking
A checking account at Fox Bank charges no monthly fee and requires no minimum balance. It also has a host of benefits and services that make it one of the best things you can do for your personal finances.
- Free Internet Banking
- Unlimited Check Writing
- Overdraft Line of Credit
Overdraft Protection
On approved credit, you can get an overdraft line of credit. The credit line is accessed when there are insufficient funds in your checking account to cover a written check or the use of your credit/debit card when there are not sufficient funds in the account to cover your purchase. There is no overdraft activation fee, nor any recurring overdraft transfer fees.