Personal Savings Accounts

All Savings Accounts come with the following:
- Free Online Banking
- Free Mobile App
- Notary Services Available
Compare Accounts
Statement Savings Account
Interest-Bearing
No Minimum Balance to Open
Minimum Balance $100
Interest Compounded Daily, Credited Quarterly
Quarterly Statements
ATM Card Available
First-Time Home Buyer Savings Account
Interest-Bearing
No Minimum to Open
No Minimum Balance
Simple Interest
Interest Credited Quarterly
Quarterly Statements
No ATM Card Available
Money Market
Interest-Bearing
$1,000 Minimum to Open
$1,000 Minimum Balance
Interest Compounded Daily, Credited Monthly
Monthly Statements
ATM Card Available
Kids Adventure Club Account
Interest-Bearing
No Minimum to Open
No Minimum Balanace
Interest Compounded Daily, Credited Quarterly
Quarterly Statements
No ATM Card
Health Savings Account
Interest-Bearing
No Minimum Account Balance
No Minimum to Open
See our Current Rates
Interest Compounded Daily, Credited Monthly
Monthly Statements
Debit Card Available
See new account representative for full disclosures that may apply
Statement Savings Account
Our essential savings account with just a $100 minimum account balance.


First-Time Home Buyer Savings Account
We now offer a better pathway to saving for your first home. Clay County Savings Bank is pleased to offer a First-Time Home Buyer Savings Account under the Missouri First-Time Home Buyer Savings Act. Key features to the account are:
- The First-Time Home Buyer Savings Account Act allows a taxpayer a deduction of 50% of a participating taxpayer’s contributions to a first-time home buyer savings account in the tax year of the contribution.*
- Simple interest is paid and credited quarterly. **
- There is no minimum daily account balance requirement to open or maintain.
- There are no monthly service charges.
- E-Statements are required.
- Others may be eligible to make deposits or even open and retain an account on behalf of a first-time home buyer.***
An eligible account holder must be a Missouri resident, or a married couple filing a combined income tax return and must self-designate the account as a First-Time Home Buyer Savings account to be used to pay or to reimburse eligible expenses for the purchase of his or her primary residence in Missouri. Since this is an account designed for saving towards a first-time home purchase, there will be a $1 service charge assessed for each withdrawal from the account; however, there is no charge to close the account for the purchase or down payment of the home.
*Missourians can apply the savings and any earned interest toward the purchase or construction of a first home in Missouri, including closing costs, taxes and fees. Annual Maximum Contribution Limits: $1,600 for an individual or $3,200 for account holders who file a married filing combined income tax return. The maximum amount of all contributions for all tax years to a First-Time Home Buyer Savings account is $20,000; the maximum total amount in an account is $30,000.
**Interest paid based on the account balance at the end of each quarter. Fees may reduce earnings.
***Account holder/beneficiary must be age 18 or older.
Money Market Account
This high yielding interest-bearing savings account also offers check writing ability. The account receives monthly statements, with the interest rate tiered based on the account balance. There is a minimum daily account balance of $1,000 required to avoid fees. A $7.50 service charge applies if the account balance falls below $1,000 at any time during the statement cycle for Money Market accounts. Fees may reduce earnings.


Kids Adventure Club
The Kids Adventure Club account is a no-cost savings plan for kids featuring activities throughout the year that help young people learn the value of saving money in a fun and interactive way.
There is a goodie bag upon opening an account and a special birthday gift each year.
Health Savings Account (HSA)
A Health Savings Account (HSA) is a tax-exempt account created for the purpose of paying or reimbursing qualified medical expenses for you, your spouse and your dependents. Contributions to an HSA are tax deductible, the earnings grow tax deferred and distributions to pay or reimburse qualified medical expenses are tax free.
Qualified account holders must be covered under a high-deductible insurance plan and not be covered by any other health plan, not be enrolled in Medicare and cannot be claimed as a dependent on someone else’s tax return.
Clay County Savings Bank offers HSA accounts for individuals and employers.


Individual Retirement Accounts (IRAs)
Preparing for retirement is among the most important financial decisions you will make. Opening an Individual Retirement Account (IRA) is a great way to plan for the future, and Clay County Savings Bank is here to help. We offer both Traditional and Roth IRAs with flexible terms and a minimum of just $500 to open an account.
Traditional IRA
With a Traditional IRA, you’re able to defer taxes on the earnings on your contributions until they are withdrawn. Depending on eligibility, contributions may be tax deductible in the year for which you make them.
Roth IRA
The Roth IRA gives retirement savers a different incentive — nontaxable distributions. Roth IRA contributions are not tax deductible, so owners will not pay federal taxes on distributions of these contributions. Under certain conditions, the earnings on Roth IRA contributions are also nontaxable when distributed. Therefore, if you expect to be in a higher tax bracket when you take distributions in retirement, for this and other reasons you may benefit more from a Roth IRA than a Traditional IRA.
Certificates of Deposit
You can lock in higher yielding returns with a certificate of deposit. We offer flexible terms. You may select any term between 3 months and 60 months and only $500 is needed to open an account. Penalties apply for early withdrawal. Check out our latest rates online.
