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Savings Accounts
Savings Account
- $50 minimum deposit to open; $25 for minors (under age 18)
- $5 per quarter maintenance fee if average balance is less than $100; fee waived for minor
- Interest Rate – This is a variable rate account and the rate may change at the discretion of the bank
- Interest for your account is computed daily, compounded quarterly and credited quarterly
- Interest begins accruing on the business day you deposit
- Accrued interest is forfeited if the account is closed during the quarter
Christmas Clubs
- Minimum deposit of $5, $10 or $20. (Based on club type)
- Club must have all 50 payments made; the bank will then make the 51st payment
- Direct deposit or coupon book available
Vacation Clubs
- Minimum deposit of $5 or $10. (Based on club type)
- Club must have all 50 payments made; the bank will then make the 51st payment
- Direct deposit or coupon book available
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