Premium Municipal Savings Account

Enhanced earnings can help build your financial reserves.

Bonus rates paid on new deposits.

A savings account designed for the public sector can provide extra funds for future projects, purchases and expenses.

  • Bonus rates paid for 180 days
  • Tiered rate structure
  • Links to Municipal Checking account

It's easier to operate with additional resources

For public officials everywhere, tight budgets are a fact of life. At Patriot Bank, we provide a way for you to gain financial flexibility moving forward. Our Premium Municipal Savings Account pays bonus rates for three months, and then offers a tiered rate structure that paves the way for bigger balances to earn larger returns. 

  • Minimum opening deposit of $500
  • Bonus rate paid on new money deposited from a non-Patriot Bank account into the Premium Municipal Savings account in the first 90 days after the account is opened
  • Maximum deposit of $500,000 for each municipality during the bonus rate period
  • Competitive, variable interest paid after bonus rate period
  • Tiered rate structure means bigger balances can earn interest at higher rates
  • Avoid $15 monthly maintenance fee with average daily collected balance of $5,000
  • Available exclusively to Municipal Checking customers
  • Will be converted into a Business Savings account if the linked Municipal Checking account is closed

    For complete details of all account terms and conditions, please review the disclosure information.

Patriot Bank is a full-service financial institution with branches in the Connecticut counties of Fairfield and New Haven, as well as in Scarsdale, New York.