SecureMax Personal Deposit Services
Let's Make Your Savings Choices Less Overwhelming.
We've Got Your Back.
We know how important it is for you to keep your money safe and growing. That’s why we offer SecureMax Deposit Services – a reliable and secure way to give you peace of mind while maximizing returns based on your savings goals. Our friendly and knowledgeable Senior Personal Bankers are here to guide you every step of the way, making sure you get the best options available. With SecureMax Deposit Services, you can trust us to take care of your money so that you can focus on your financial dreams with confidence.
High Bridge Money Market
High-yield savings account with complete liquidity and insured security. Variable interest on your entire balance.
- Minimum Opening Deposit
$25,000 (New Money Only – funds not currently on deposit with BankCherokee) - Minimum Balance / Requirements
$25,000 daily ledger balance - Monthly Maintenance Charge
None, or $15 per month if balance falls below minimum - ATM Fees++ And Access
Not available - Check Access
Optional
Money Market Investment Account
Highest yielding savings with liquidity, insured security, and easy access. Variable interest on your entire balance.
- Minimum Balance / Requirements
$2,500 daily ledger balance - Monthly Maintenance Charge
None, or $15 per month if balance falls below minimum - ATM Fees++ And Access
Free on all ATMs - Check Access
Optional
Money Market Account
Competitive rate savings with complete liquidity and insured security. Variable interest on your entire balance.
- Minimum Balance / Requirements
$500 daily ledger balance - Monthly Maintenance Charge
None, or $5 per month if balance falls below minimum - ATM Fees++ And Access
Free on all ATMs - Check Access
Optional
Certificates of Deposit
A full range of certificates of deposit are available with a variety of yields and maturities.
- Minimum Balance / Requirements
$1,000 - Monthly Maintenance Charge
None, penalties will be imposed for early withdrawals
IRAs
An IRA is an excellent foundation for your retirement nest egg. The earlier you begin planning for your retirement, the more money you’ll have to fulfill your dreams. And your contributions may be tax-deductible. (Ask your tax advisor.)
BankCherokee offers Traditional, Roth, and Education IRAs with a variety of yields and maturities. Remember, you can still contribute to an IRA even if you participate in an employer or government-sponsored retirement plan, as long as you earn income.
With few exceptions, funds deposited in an IRA may not be withdrawn before retirement age without incurring penalties. Contact us today and we will work with you to find the best IRA to fit your needs.
Statement Savings
Flexible insured savings account with a low minimum balance, variable interest rate, and easy cash access.
- Minimum Balance / Requirements
$200 daily ledger balance - Monthly Maintenance Charge
None, or $2 per month if balance falls below minimum - ATM Fees++ And Access
ATM card available with checking relationship. $1 per ATM Savings Account withdrawal. - Check Access
Not available
Youth Savings
A flexible insured savings account with a low minimum balance designed to teach young people how to save.
- Minimum Balance /Requirements
$25 daily ledger balance+ - Monthly Maintenance Charge
None, or $2 per month if balance falls below minimum - ATM Fees++ And Access
Not available - Check Access
Not available
Health Savings Account
Set aside money tax-exempt for your medical expenses and earn interest on it.
- Minimum Balance / Requirements
$0.00 daily balance - Monthly Maintenance Charge
None, no minimum balance. - ATM Fees++ And Access
Not available - Check Access
Optional with HSA Check Card.
ICS/CDARS
With ICS and CDARS, you can enjoy the peace of mind that comes with access to multi-million-dollar FDIC insurance and can choose the service or combination of services that best meets your needs for returns and access to funds. Now that’s smart.
Have more questions?
SecureMax Deposit Services keeps your money safe and growing with a wide range of options. Our Senior Personal Bankers help you choose the best fit for your savings goals, so you can focus on your financial future with confidence.