Search
At a Glance
About Us | Checking | Savings |
Loans | Online Banking | Calculators
Common Questions
Let our online Customer Service help you get your questions answered. Browse questions other customers have asked or submit one of your own.
Personal Banking Services
Savings Accounts & Time Deposit Solutions:
Preparing for your future.
Both small and large investors can take advantage of Trustmark's savings plans. Depositors are insured for up to the legal limit by the FDIC. Our customer service representatives can provide details on any fees or service charges that apply.
| Daily Interest Savings | Froogle Savings (<age 18) | Christmas Club | Money Market | HighYield Money Market | |
| Minimum to Open | $100 | $50 | $0 | $1,000 | $10,000 |
| Monthly Requirements | $300 | $5 | $0 | $1,000 | $10,000 |
| Monthly Service Charge (requirements not met) |
$5 | $4 | $0 | $10 | $15 |
| Unlimited Check Writing | n/a | n/a | n/a | limited | limited |
| Interest Earned | YES | YES | YES | YES | YES |
| Deposit/Withdrawl Limitations | $2 >2 withdrawals per month (includes ATM); Regulatory limit of 6 trans/month | $2 >5 withdrawals per month (includes ATM); Regulatory limit of 6 trans/month | Min $10 trans deposit required; no withdrawals | Regulatory limit of 6 trans/month | Regulatory limit of 6 trans/month |
| Free Checks | n/a | n/a | n/a | n/a | n/a |
| Debit Card | ATM Card only | ATM Card only | n/a | ATM Card only | ATM Card only |
| Internet Banking & Bill Pay | Free account access | Free account access | Free account access | Free account access | Free account access |
| Mobile Banking | FREE | FREE | FREE | FREE | FREE |
| Imaged Statement | FREE | FREE | FREE | FREE | FREE |
| Additional Benefits | Can be used as overdraft option to checking account | Can be used as overdraft option to checking account | Can be used as overdraft option to checking account |
Other Account Information
Time Deposits – Yielding a better interest rate than other savings plans, these accounts are recommended for those who have longer-term goals and little need for immediate accessibility. They include:
- Certificates of Deposit – Offer guaranteed interest rates that vary according to length of maturity.
- Minimum investment: $1000
- Maturities range from thirty days to five years.
- Interest is calculated on a 365-day basis at a rate determined by the term. Interest may be paid to the customer or added back to the certificate using varying methods according to the size of the CD and maturity.
- CDs can be used as loan collateral, and penalties for early withdrawal vary according to time remaining to maturity.
- Individual Retirement Account (IRA) – A way to save for retirement and enjoy tax benefits. Trustmark offers several IRAs, including self-directed, with different funding arrangements. Our service representatives can provide advice on which is best for your particular circumstances, needs and expectations.
