How much do you have to save in your bank to get prizes from the town hall in animal crossing?

In Animal Crossing: New Horizons, you need to save at least 1,000,000 Bells in your bank account to unlock the ability to receive a special prize from the town hall. Once you reach this milestone, you can obtain the exclusive "Golden Fishing Rod" as a reward. Additionally, saving larger amounts can lead to more rewards, so it's beneficial to keep your savings high for further perks.