We offer many ways to save at Redding Bank of Commerce, whether you're just starting to save or building on what you have!


Personal Savings:

The Basics:

  • $25.00 minimum to open
  • $100 average monthly balance OR linked to a Bank of Commerce (BOC) checking account for overdraft protection to avoid $5.00 monthly service charge
  • Limit 6 pre-authorized transactions each monthly statement cycle, $2.00 charge for additional transactions¹

The Features:

  • Tiered interest rates
  • Unlimited Bank of Commerce Automated Teller Machine (ATM) and in branch withdrawals
  • Link to your BOC checking account as overdraft protection
  • ATM card

Refer to the Schedule of Fees and Services for additional fees that may be assessed to your account. Fees can reduce the earnings on the account. 


Youth Savings:

The Basics:

  • For youth under 18 years of age 
  • $25.00 minimum balance to open
  • No monthly service charge
  • Limit 6 pre-authorized transactions per statement cycle, $2.00 charge for additional transactions¹

The Features:

  • FDIC insured in accordance with FDIC regulations

Refer to the Schedule of Fees and Services for additional fees that may be assessed to your account. Fees can reduce the earnings on the account.


Holiday Savings:

The Basics:

  • $10.00 minimum to open
  • No monthly service charge
  • Limit 1 withdrawal each calendar quarter, $2.00 charge for additional withdrawals

The Features:

  • Receive your funds on November 1st and annually thereafter
  • Set up automatic transfers from your BOC checking or savings account
  • Automatically deduct a specified amount from your payroll check each payday

    In the event the account is closed prior to November disbursement, account may be subject to a $7.00 early closure fee. Fees can reduce the earnings on the account. See account disclosure for full details.


    Personal Money Market:

    The Basics:

    • $100.00 minimum to open
    • $2,500 average monthly balance to avoid $15.00 monthly service charge
    • Earn more interest on higher balances
    • Limit 6 pre-authorized transactions each monthly statement cycle, $2.00 charge for additional transactions¹

    The Features:

    • Tiered interest rates
    • Unlimited Bank of Commerce in branch withdrawals
    • Link to your BOC checking account as overdraft protection


    Refer to the Schedule of Fees and Services for additional fees that may be assessed to your account. Fees can reduce the earnings on the account. 


    Certificates of Deposit (CDs):

    The Basics:

    • $500.00 minimum to open
    • 10 day grace period
    • Early withdrawal penalty will apply if CD is closed before the maturity date
    • FDIC insured in accordance with FDIC regulations

    The Features:

    • Competitive interest rates
    • Choose from fixed or variable rate options
    • Flexible terms from 91 days to 5 years
    • Receive interest payments monthly, quarterly, semi-annually, or at maturity

    Refer to the Schedule of Fees and Services for additional fees that may be assessed to your account. Fees can reduce the earnings on the account.

    1. Federal regulations limit certain types of withdrawals and transfer transactions you can make from a savings or money market account. Transfers from savings or money market accounts to another account or to third parties by overdraft protection, telephone, point of sale (POS) debit card transactions, bill payments, computer transfer or by a check, draft or similar order to third parties are limited to six (6) per calendar month or statement cycle. We will use the date a transaction is completed by us (as opposed to the day you initiate it) to apply the frequency limitation. If you exceed the transfer limits set by federal regulations, we will notify you in writing. If you continue to exceed transaction limits we are required by law to convert your account to one that is not subject to limits or transactions. If we plan to convert your account, we will notify you at least 30 days in advance. Excess withdrawals will be subject to $2.00 service fee, assessed at the statement cycle period.