Savings and Investments

Savings

  • $100.00 to open
  • 3 withdrawals allowed each quarter without a service charge
  • A service charge of $1.00 will be charged for each withdrawal in excess of 3 during a quarter
  • Contact bank for interest rates
  • Transfers from a Savings account to another account or to third parties by preauthorized automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per statement cycle.

Christmas Club

  • You must deposit $1.00 to open
  • The maximum weekly deposit is unlimited, the minimum weekly deposit is $1.00.
  • If you make 49 consecutive and timely weekly deposits of the same amount to this account, then we will make the 50th deposit of that amount for you. (You choose the amount of the deposit, within any limits we may set.)
  • If any withdrawal is made from this account, the penalty will be the greater of the balance in the account or $20.00 and the account will be closed.

Money Market Investment Account

  • Minimum deposit of $2500.00
  • Maintenance Fee of $5.00 plus .25 cents a chargeable debit fee if the balance drops below the minimum
  • Transfers from a Money Market Personal account to another account or to third parties by preauthorized automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per statement cycle.
  • Contact bank for interest rates