Savings

Statement Savings


Burke & Herbert Bank Statement Savings Account

We are firm believers that building a smart financial life starts with savings. That's why we offer Statement Savings Accounts that make it easy for anyone to start saving and earn interest right away. In fact, all it takes is a low minimum deposit of $50 to start saving right now. And, when you maintain an average daily balance of just $100 per month, you will avoid the $2 monthly fee. We also will waive the monthly fee when you create an automatic savings plan by having a monthly direct deposit, such as a payroll or Social Security direct deposit, into your savings account.

With freedom to make unlimited deposits, you can add as much as you like, when you like. And with Burke & Herbert Bank Online Banking, you can check your savings account balance and make transfers 24 hours a day.

Open a Statement Savings Account today by visiting a local Burke & Herbert Bank branch, or call us at 703-684-1655 to learn more.

Open a savings account with just $50. A $2.00 monthly fee is waived when you meet either of the following requirements: Maintain a $100 average daily balance for the month, or receive a monthly direct deposit, such as a payroll or Social Security direct deposit, into your savings account.