Why Save Money? | What Is A Savings Account? | What Is A CD?
What Is A Checking Account? | How Do I Read A Bank Statement?

What Is A Savings Account?

A savings account at a bank is a much safer place for your cash than a container at home. At QNB, you would put your savings in a Youth Trek Statement Savings account which you can open with only $5 (or more)! This account allows you to make deposits whenever you want and QNB will pay you interest! (Interest is money the bank pays you for keeping your savings in the bank.) The more money you keep in your savings and the longer you leave the money in the account, the more money your money will make!