Accumulator Savings

Young woman counting money in her wallet

Accumulator Savings Account

The CNB Accumulator Savings account makes it easy to build your balance over time. With regular contributions, you can work toward your financial goals at your own pace while keeping your funds secure. 

Contact your local branch to get started.

Branch Locator

Small Steps, Big Rewards

Saving doesn’t have to be complicated. The Accumulator Savings account helps you grow your money little by little, making it a great option for those looking to develop consistent saving habits.

Account Requirements

  • Minimum opening deposit $10.00
  • $40.00 minimum balance to earn interest
  • No monthly minimum balance service charge
  • Interest compounded daily
  • You pick maturity date as well as deposit amount and frequency *Must be at least 6 months from date of opening 
  • No withdrawals allowed before maturity. Penalty for early withdrawals.
  • FREE Digital Banking and eStatements

To open a new savings account, please visit your nearest CNB branch and one of our Universal Bankers would be happy to assist.

Rates

View our current rates!

View Accumulator Savings Rates


ACCUMULATOR SAVINGS

Daily Balance required to obtain advertised APY Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
40.00 and above 0.65% 0.65% $10.00
ACCUMULATOR SAVINGS Requirements
• Advertised APY is fixed until account matures. Minimum maturity is 6 months from opening date.
• Requires an automatic transfer of at least $5.00 from another CNB account at least monthly.
• If account balance is $40.00 or more at maturity, interest will be credited and paid at maturity with full balance paid by check or direct deposit to another CNB account.
• A penalty may be imposed for early withdrawal and the entire balance must be withdrawn.

 

Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 1 branches of CNB Bank & Trust, N.A. only. Region 1 includes: Carlinville, Hillsboro, Litchfield, Taylorville, and Virden. Member of the Federal Deposit Insurance Corporation and the Community.


ACCUMULATOR SAVINGS

Daily Balance required to obtain advertised APY Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
40.00 and above 0.65% 0.65% $10.00
ACCUMULATOR SAVINGS Requirements
• Advertised APY is fixed until account matures. Minimum maturity is 6 months from opening date.
• Requires an automatic transfer of at least $5.00 from another CNB account at least monthly.
• If account balance is $40.00 or more at maturity, interest will be credited and paid at maturity with full balance paid by check or direct deposit to another CNB account.
• A penalty may be imposed for early withdrawal and the entire balance must be withdrawn.

 

Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 2 branches of CNB Bank & Trust, N.A. only. Region 2 includes: Brighton, Carrollton, Chapin, Jacksonville, Jerseyville, and Pittsfield. Member of the Federal Deposit Insurance Corporation and the Community.


ACCUMULATOR SAVINGS

Daily Balance required to obtain advertised APY Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
40.00 and above 0.65% 0.65% $10.00
ACCUMULATOR SAVINGS Requirements
• Advertised APY is fixed until account matures. Minimum maturity is 6 months from opening date.
• Requires an automatic transfer of at least $5.00 from another CNB account at least monthly.
• If account balance is $40.00 or more at maturity, interest will be credited and paid at maturity with full balance paid by check or direct deposit to another CNB account.
• A penalty may be imposed for early withdrawal and the entire balance must be withdrawn.

 

Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 3 branches of CNB Bank & Trust, N.A. only. Region 3 includes: Oak Forest, Palos Heights, and Tinley Park. Member of the Federal Deposit Insurance Corporation and the Community.


ACCUMULATOR SAVINGS

Daily Balance required to obtain advertised APY Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
40.00 and above 0.65% 0.65% $10.00
ACCUMULATOR SAVINGS Requirements
• Advertised APY is fixed until account matures. Minimum maturity is 6 months from opening date.
• Requires an automatic transfer of at least $5.00 from another CNB account at least monthly.
• If account balance is $40.00 or more at maturity, interest will be credited and paid at maturity with full balance paid by check or direct deposit to another CNB account.
• A penalty may be imposed for early withdrawal and the entire balance must be withdrawn.

Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 4 branches of CNB Bank & Trust, N.A. only. Region 4 includes: Alton, Clayton, and Edwardsville/Glen Carbon. Member of the Federal Deposit Insurance Corporation and the Community.

Savings Calculator

Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.

Estimated Total Savings:
 

Ready to open an account?

Contact your local branch today to get started!

Branch Locator

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Digital Banking

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Personal Banking Savings Services

 

Please Select Your Local Branch

Branches
  • Alton
  • Brighton
  • Carlinville
  • Carrollton
  • Chapin
  • Clayton, MO
  • Edwardsville / Glen Carbon
  • Hillsboro
  • Jacksonville
  • Jerseyville
  • Litchfield
  • Oak Forest
  • Palos Heights
  • Pittsfield
  • Taylorville
  • Tinley Park
  • Virden
Please select a branch.
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