Statement Savings Account
- Interest is compounded daily and credited quarterly
- Minimum opening deposit $100.00
- Minimum balance to avoid maintenance fee $100.00
- Six withdrawals per month; each additional withdrawal $1.00 fee
- Quarterly $10.00 service charge if balance goes below minimum
- If account is closed within 90 days of opening there will be a charge of
$10.00
Young Savers Account (for customers age 16 and under)
- Interest is compounded daily and credited quarterly
- Minimum opening deposit $10.00
- No service charge
- Six withdrawals per month; each additional withdrawal $1.00 fee
- If account is closed within 90 days of opening there will be a charge of $10.00
Money Market Deposit Account
- Interest is compounded daily and credited monthly
- Minimum opening deposit $2500.00
- Minimum balance to avoid maintenance fee $2500.00
- Minimum deposit
$100.00
- Minimum withdrawal $100.00
- Six withdrawals are permitted per statement month, three may be checks or debit to a third party, each
additional withdrawal or transfer $5.00 fee.
Certificates of Deposit
With a certificate of deposit , you can earn interest on as little as $1000.00.
Our CDs will earn you a competitive interest rate based on the current market conditions.
We offer flexible maturities from ninety days to five years with a $1000.00 minimum to open.
CDs are automatically renewable at maturity. No fee is involved. Substantial penalty for early withdrawal.
Individual Retirement Accounts
A variety of IRAs are available to allow qualified wage earners to build a substantial retirement fund or save for other future investments.
Qualified individuals will be allowed a tax deduction for their contributions.
ROTH and Educational IRAs are also available. Minimum to open is $100.00.
Substantial penalty required for early redemption of all IRAs
