Savings/Money Market Accounts
A Burling Bank money market or savings account can offer you the best of both worlds—security and flexibility.
Silver Savings
A secure way to save. Requires a low minimum balance, pays quarterly interest and permits 12 withdrawals per quarter.
Corporate Money Market Accounts
- With a minimum balance of $2,500, you earn greater interest at competitive weekly rates. Your interest earnings are paid monthly based on daily collected funds in your account.
- For convenient and efficient money management, you can make six withdrawals each month, three of which can be made by check, free of charge. Each withdrawal must be at least $500.
- Wire/Electronic transfers services when you need to move money quickly.
Golden Certificate of Deposit
- Requires initial deposit of $1000.
- Interest will be compounded and credited to your account on a quarterly basis.
- The account will automatically renew at maturity. You will have 10 calendar days from the maturity date to withdraw your funds without being charged a penalty.
- If any of the deposit is withdrawn before the maturity date, a penalty of 90 days interest may be assessed.
Jumbo Certificate of Deposit
- Requires initial deposit of $100,000.
- Simple interest will be credited to the account at maturity.
- The account will automatically renew at maturity. You will have 10 calendar days from the maturity date to withdraw your funds without being charged a penalty.
- If any of the deposit is withdrawn before the maturity date, a penalty of 90 days interest may be assessed.