Personal Savings
Personal Savings Accounts
Money Market Investment Account
- $2,500.00 minimum opening deposit
- 6 withdrawals allowed per statement cycle
- A withdrawal fee of $1.00 will be charged for each subsequent withdrawal
- No monthly maintenance fee if you maintain a balance of $2,500.00
- $5.00 monthly maintenance fee if balance in the account drops below $2,500.00
- Interest bearing account
- Contact the bank for interest rates
Regular Savings
- $100.00 minimum opening deposit
- 6 withdrawals allowed per quarter
- A withdrawal fee of $1.00 will be charged for each subsequent withdrawal
- No quarterly maintenance fee if you maintain a balance of $100.00
- $5.00 maintenance fee if the balance in the account drops below $100.00
- Account owners under age 25 are exempt from the maintenance fee.
- Interest bearing account
- Contact the bank for interest rates
Christmas Clubs
- $1.00 minimum opening deposit
- No maintenance fees
- Unlimited number of deposits, not exceeding $5,000.00 in the account any day
- Interest will be credited annually on the first business day of November
- Once interest has been credited, the account balance will be mailed by check to the primary account holder or direct deposited into another Bank of Dawson checking or savings account no later than the next business day. Any other withdrawals from the account will be subject to a penalty of $20.00 or the balance in the account at the time of the withdrawal, whichever is greater, and the account will be closed
- Contact the bank for interest rate
Individual Retirement Accounts
- $25.00 minimum opening deposit
- Various Terms Available
- Interest Rates are determined based on the term of the account and amount
deposited - Early withdrawals subject to penalty
- Contact bank for interest rates and more details
Night Depositiory
Bank of Dawson offers a night depository on 6th Avenue alongside the main building. You can drop off your deposits any time of the day, and your account will be credited the next business day excluding holidays.