Personal Savings Brochure
PERSONAL
SAVINGS
Traditional, flexible savings account for ages 18 & over
| Minimum Opening Deposit: |
$200 |
| Service Charge: |
$5 per month or waived with an average daily ledger balance of $500 |
| Interest: * |
Yes |
| Features & Benefits |
- Allows unlimited deposits and in-person withdrawals
- Allows six pre-authorized withdrawals per 30 days or similar period
- Free Online Banking and Telephone Banking access
- Can provide overdraft protection for your checking account
- Free ATM card
|
Activity Based Service Charges:
(not waived by meeting balance requirement) |
$1 per non-exempt transfer and/or withdrawal over six |
YOUNG
SAVERS
The perfect account for starters ages 10-17
| Minimum Opening Deposit: |
$25 |
| Service Charge: |
None (Normal Personal Savings charges apply when Minor becomes 18 years old.) |
| Interest: * |
Yes |
| Features & Benefits |
- Allows unlimited deposits and in-person withdrawals
- Allows six pre-authorized withdrawals per 30 days or similar period
- Free Online Banking and Telephone Banking access
|
Activity Based Service Charges:
(not waived by meeting balance requirement) |
$1 per non-exempt transfer and/or withdrawal over six |
HEALTH SAVINGS ACCOUNT
To help manage your Health &
medical expenses for High Deductible Health Plans (HDHP)
| Minimum Opening Deposit: |
None |
| Service Charge: |
$25 per year |
| Interest: * |
Two tiers:
$0 - $14,999.99,
$15,000.00 and above |
| Features & Benefits |
- Unlimited deposits, withdrawals, and transfers
- Check writing capability
- Visa® Health Savings Check Card
- Free Online Banking and Telephone Banking Access
|
MONEY MARKET SAVINGS
Earns a higher rate of interest than checking and regular savings accounts, while providing you with easy access by check.
| Minimum Opening Deposit: |
$1,000 |
| Service Charge: |
$20 per month or waived with an average daily ledger balance of $2,500 |
| Interest: * |
Five tiers:
$0 - $9,999.99,
$10,000.00 - $24,999.99,
$25,000.00 - $249,999.99
$250,000.00 - $499,999.99
$500,000.00 and above |
| Features & Benefits |
- Allows unlimited deposits and in-person withdrawals
- Allows six pre-authorized withdrawals per statement cycle
- Free Online Banking and Telephone Banking access
|
Activity Based Service Charges:
(not waived by meeting balance requirement) |
$10 per non-exempt transfer and/or withdrawal over six |
CERTIFICATE
OF DEPOSIT
Enjoy higher rates plus peace
of mind with our FDIC-insured certificates. With
FDIC insurance, your deposits are covered up to $100,000
in the case of bank failure. Lock
in your rate for as few as seven days to as long
as five
years. Please call our
branch representatives for current rates.
| Minimum Opening Deposit: |
$2,500 for CDs**
$0 for IRAs |
| Service Charge: |
None |
| Interest: * |
Four tiers for CDs:
$0 - $9,999.99,
$10,000.00 - $24,999.99,
$25,000.00 - $99,999.99
$100,000.00 and above
Three tiers for IRAs:
12, 18, 24 months |
| Features & Benefits |
- Withdrawals prior to maturity are subject to a penalty
- See rate sheet for current rates and terms
- Traditional, Roth, SEP and CESA IRA account types available
- Contributions to IRAs not limited to maturity period
|
* Variable rate may change daily and interest is compounded daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Please contact us for current rates.
** $100,000 minimum opening deposit required for CDs with terms of 29 days or less
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