Savings & Money Market Accounts

At Centric Bank, we'll help you achieve your goals with a variety of savings solutions. Whether you're planning for retirement, dreaming of a new car or vacation, or you've got teenagers that will soon be headed off to college. Contact us today, visit your nearest Financial Center, or Connect with a Banker to discuss how these interest-bearing accounts can fit into your savings plan. All of these money market and savings account solutions come with the security of FDIC insurance up to $250,000.*

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Indexed Money Market Account

Created for those looking for a high-performing money market account with a rate that changes with the market and easy access to their money.
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Money Market Account

Designed for individuals looking to access their money at any time and earn more as their money grows.
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Statement Savings

Designed for individuals who are just getting started with their savings and want to watch their balance grow.

Savings FAQs

A personal savings account or money market deposit account is an important part of your financial strategy. No matter who you are and regardless of your lifestyle and goals, savings are an important way to protect yourself financially. A savings account can hold and grow money for you, for any purpose:

  • The down payment for a home
  • Future investments
  • Emergencies
  • Deductibles for your insurance plans
  • Special trips
  • Holiday spending
  • Education
  • A car purchase
  • Home renovations
  • A recreational vehicle purchase

Financial experts agree that robust savings can help protect many families and individuals from financial distress. Knowing you have a nice nest egg in the bank means you have cash when life’s unexpected situations happen. Savings can also mean you require less financing for major purchases, allowing you to save on interest and making qualification for loans much simpler.

If you already have a checking account, you may wonder whether you need a separate account for savings. There are a few reasons why a personal savings account makes a lot of sense:

  • With your money in a separate account for saving, you're less likely to spend.
  • The money in your savings account will not be affected by automatic bill withdrawals and other financial responsibilities.
  • You can see your savings grow rather than trying to determine what percentage of your balance is for bills and how much amounts to savings.
  • A savings or money market account earns interest, allowing you to meet your savings goals sooner.
  • It may be easier to stay motivated as a saver if you can see your account growing.

At Centric Bank, we make our savings accounts convenient, so you can always access your money and watch your savings grow. If you don't have a savings account, contact Centric Bank today.

The Centric Bank Statement Savings account is a traditional savings account. It provides maximum flexibility while allowing you to save money and earn interest. If you would like to save money but want the flexibility you've come to expect from your checking account, this type of savings account might be right for you. This type of account may also be an option if you're just starting to save and will not be keeping a large balance in your account just yet.

Our Statement Savings Account allows you to earn interest, and you only need a $25 minimum deposit to open the account and start earning interest. You’ll have access to your account through any ATM with a free ATM card, and you’ll be able to review your account at any time with our free online banking service.

A money market account is a great option if you will be able to maintain a larger balance and are maybe saving for a larger purchase or an emergency fund. In other words, if you don't need to withdraw your money fast and often and want your money to grow with a higher interest rate, a money market deposit account may be an option to explore.
To combine the interest-earning power of a Savings Account with the convenience of a Checking Account, Centric Bank’s Money Market Account is the solution for you. This tiered account provides a higher yield for larger balances. A $2,500 balance is required to earn interest and avoid monthly service fees. You can also look into our Personal Indexed Money Market for accounts with rates that track the Fed Funds rates.

Centric Bank Wants to See You Grow Your Savings


At Centric Bank, we believe in communities and in Pennsylvania residents. We want to help you achieve financial success, and that means helping you save money for life’s big purchases and your big moments. We want to make the numbers work for you.

If you're just new to savings or would like to maximize your money, visit one of our financial centers to open a savings account or to talk to one of our team members about savings accounts and other financial services to help you meet your goals.

Connect with a Banker


*FDIC insurance covers deposits up to $250,000 per depositor, per institution, per ownership category.