
Personal Savings
Money Market Accounts
Regular Money Market Account- $1,000 minimum to open
- $5 if average daily balance <$1,000
- $2 if average daily balance between $1,000 - $2,499.99
- $0 fee if balance >$2,500
- Transaction Limitations = 6 per monthly statement cycle
- $2.00 fee for transfers totaling more than 6 per statement cycle
- $1,000 minimum to open
- $10 fee if average daily balance <$25,000
- Transaction Limitations = 6 per monthly statement cycle
- $2.00 fee for transfers totaling more than 6 per statement cycle
BUMP-UP CD – New! Click here for all the details
- 25-month Term or 35-month Term
- CD or IRA CD
- Bump-Up to a Higher Rate Once if Rates Rise!
- Get a preferred rate if you have a Burke & Herbert Bank Checking Account.
Statement Savings Accounts
- Unlimited deposits
- Earns interest!
- Minimum deposit to open: $50.00
- No monthly service charges with a balance of $200.00 or more.
- Transaction limitations apply
Kids' Savings Club Accounts
Click here for complete detailsReady, Set, Save! Kids' Savings Accounts for children ages 17-under.
- Unlimited deposits
- Minimum deposit to open: $10.00
- Earns interest! No monthly fees!
- Free Online Banking so they can watch their savings grow
- Fun Rewards (click here for more information)
Certificate of Deposit
A Certificate of Deposit (CD) is one of the most secure investments available and is FDIC insured. We offer competitive rates along with a number of maturity options that provide flexibility for your financial needs. Click here for rates or call 703-684-1655.CDARS® Program
Certificate of Deposit Account Registry ServiceThe CDARS ® Program is used for Certificate of Deposit investments over $100,000 to obtain multi-million-dollar FDIC protection on your CD investment with the convenience and security of doing business at Burke & Herbert Bank. One Bank. One Rate. Full FDIC insurance!
Individual Retirement Accounts
At Burke & Herbert Bank we offer a variety of IRA plans that provide you with affordable, tax-smart ways to save for your retirement. Tax law changes make IRAs more attractive than ever. Call us today at 703-684-1655 to learn more about our IRA plans.
Want independent management of your IRA or IRA Roll-Over Funds? Roll-over to Burke & Herbert! Click here.