Whether you're saving for something in the near future, for periodic expenses, or the long term, we provide savings systems to help you achieve your goals.
- FDIC Insured Accounts
- Christmas Club Accounts
- Certificates of Deposit
- Individual Retirement Accounts
- Statement Savings Accounts
- Statement Money Fund Accounts
For more information about how the FDIC protects your deposits, visit the FDIC Electronic Deposit Insurance Estimator (EDIE).
Statement Savings
Statements show all deposit and withdrawal activity on a monthly basis. Minimum deposit to open is $100. Interest is paid from the date of deposit to the date of withdrawal, compounded daily and paid monthly. Statement savings funds can be accessed using our ATM For 24-hour a day banking convenience.
For more information, or to setup a Statement Savings account, please give us a call at 653-1600.
Savings accounts are considered activity accounts and will become dormant after 12 months of NO deposit or withdrawal activity. When an account becomes dormant there will be a fee of $5 assessed each month.
If the balance falls below the minimum, a $2/month service charge will be assessed.
Youth Savings
The best way to begin the savings habit requires a minimum deposit of $10 to open (for youths up to 19 years of age).
For more information, or to setup a Youth Savings account, please give us a call at 653-1600.
Savings accounts are considered activity accounts and will become dormant after 12 months of NO deposit or withdrawal activity. When an account becomes dormant there will be a fee of $5 assessed each month.
Statement Money Fund Accounts
High rate statement account requiring a minimum deposit of $2,500. Interest is compounded daily and paid monthly at a rate higher than our regular passbook account. Deposits and withdrawals can be made at any time.
For more information, or to setup a Statement Money Fund Account, please give us a call at 653-1600.
If the balance falls below the minimum, a $2/month service charge will be assessed.
Savings accounts are consdered activity accounts and will become dormant after 12 months of NO deposit or withdrawal activity. When an account becomes dormant there will be a fee of $5 assessed each month.
Certificates of Deposit
Certificates are available for various terms. Minimum deposit to open is $500. Interest is compounded daily and paid monthly. You may choose the term of the certificate to meet your needs.
For more information, or to setup a Certificate of Deposit, please give us a call at 653-1600.
Federal regulations require a substantial penalty for early withdrawal on all certificates of deposit. All accounts are insured by FDIC - a US government agency.
Certificates are considered non-activity accounts and will become dormant 24 months after the most recent maturity date. When an account becomes dormant, there will be a fee of $5 assessed each month. Dormant account status can be avoided on certificates by having the earnings updated at least annually.
