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Sunday, March 26, 2017

Savings and Time Deposit Accounts

Find out more about our saving accounts by clicking the links below.

Personal Savings | Minor SavingsHigh Yield Savings 
Certificates of Deposit

 

PERSONAL SAVINGS
Maintenance fee $5.00
Min. to open $100.00
# of items-$ per additional 3 per month/$4.00 each additional
Balance Requirements $300 min./$600 avg.
MINOR SAVINGS
Maintenance fee None
Min. to open $25.00
# of items-$ per additional 3 per month/$2.00 each additional
Balance Requirements None
Additional Information

 

May be opened from birth through the age of 21. After 21 years of age the account must be converted to a regular Savings Account.

 

HIGH YIELD SAVINGS
Maintenance fee None
Min. to open $25,000
Misc. Tiered rates
# of items-$ per additional 3 per month/$3.00 each additional
Balance Requirements None
CERTIFICATES OF DEPOSIT
Opening deposit $500
Business, personal and IRA certificates of deposit are available with terms ranging from 30 days to 5 years. Simple Interest may be paid by check or transferred to another account. If funds are withdrawn prior to account maturity, a penalty will be imposed, reducing the annual percentage yield on the account.
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