Personal Savings Accounts

 

Money Market


  • Tiered interest rates based on account balance
  • Online Banking at no charge
  • $1,000 opening deposit
  • $1,000 minimum balance (to avoid a $15 monthly maintenance fee)
  • $3 fee for withdrawals in excess of six per month**

 

Basic Savings

 

  • Earn interest on all balances
  • $100 opening deposit
  • $100 minimum balance (to avoid a $10 quarterly maintenance fee)
  • $3 fee for withdrawals in excess of six per quarter**

 

Certificates of Deposit (CDs)


  • Competitive interest rates based on amount of deposit and term of certificate
  • Different terms provide flexibility
  • Automatic renewal at maturity with a 10-day grace period
  • $500 minimum deposit
    (Early withdrawals may incur a penalty.)

Individual Retirement Accounts (IRAs)


  • Traditional, Roth, and SEP
  • Possible tax savings (Consult your tax advisor about the right retirement savings plan for you.)
  • $500 opening deposit

 

Holiday Club Account

 

  • Earn interest on all balances
  • Make unlimited deposits
  • Take withdrawals twice a year, if needed, without penalty or loss of interest**
  • Receive a check with the full balance of the funds in your account in mid-to late October
  • Enjoy shopping!

 

 

** Under Federal Regulation D, savings and money market accounts are restricted to six third-party withdrawals or pre-authorized transfers per statement cycle. All check withdrawals, as well as transfer withdrawals by telephone, online banking, wires or ACH, or other pre-authorized withdrawals are included when counting the number of restricted withdrawals. Your account is monitored over a 12-month period. Exceeding these withdrawal limits could cause you to have to move your account to a checking account, which allows unlimited withdrawals.

 

For additional information on fees and other account terms, please review our Truth in Savings disclosure and Schedule of Fees.