Personal Savings

We offer a variety of consumer savings accounts to fit the needs of our customers.

Clipper Ship Accounts

Clipper Ship accounts offer unlimited withdrawals and deposits, no monthly fees with a minimum balance of $1,000, and overdraft protection when you link to your Essex Savings Bank checking account. Also, take advantage of increased interest based on your account balance ($0-$9,999; $10,000-$24,999; $25,000-$49,999; $50,000 plus).

Holiday Club Accounts

Our Holiday Club Accounts are easy to open year round, allow you to set up automatic direct deposits, and are an ideal way to save for holiday expenses such as vacations or special occasions. You’ll be able to receive check plus interest in October when the account matures.¬†For specific fees, see Schedule of Consumer Account Charges.

See the Schedule of Account Charges


For specific conditions and charges on our accounts, consult our Consumer Deposit Account Contract, Schedule of Consumer Deposit Account Charges, Consumer Electronic Funds Transfer Agreement, and the Ability to Withdraw Funds, or speak with a Customer Service Representative at any of our offices.