SAVINGS ACCOUNTS

Money Market Investment Account

  • Minimum deposit of $2,500.00 to open account
  • Monthly service charge with a minimum daily balance of:
    • $2,500.00 or more ………………………..NONE
    • Below $2,500.00..…………………………$10.00
  • Minimum daily balance of $2500.00 must be maintained to receive interest
  • Monthly statement
  • Interest compounded and credited monthly
  • Interest can be withdrawn when credited
  • If you close your account before interest is credited, you will not receive the accrued interest.
  • The interest rate and annual percentage yield may change daily
  • With the exception of loan payments to us, you may not make more than six (6) preauthorized, automatic, or telephone transfers (including telephone banking, and bill pay, internet banking and bill pay, and PC banking payments and transfers) each month. Of these six (6) allowable transfers, no more than three(3) may be made by check, draft, debit card, check card, or similar order made by the depositor and payable to a third party (provided such transactions are allowed by us for your particular type of account.
  • A fee of $10.00 will be imposed for each subsequent debit/withdrawal.

Tiered Money Market Account

  • Minimum deposit of $2,500.00 to open account
  • Monthly service charge with a minimum daily balance of:
    • $2,500.00 or more ………………………..NONE
    • Below $2,500.00..…………………………$10.00
  • Minimum daily balance of $2,500.00 must be maintained to receive interest
  • The interest rate tiers are as follows:
    • Balances between $2,500.00 and $9,999.99
    • Balances between $10,000.00 and $49,999.99
    • Balances between $50,000.00 and $99,999.99
    • Balances $100,000.00 and above
  • Monthly statement
  • Interest compounded and credited monthly
  • Interest can be withdrawn when credited
  • If you close your account before interest is credited, you will not receive the accrued interest.
  • The interest rate and annual percentage yield may change daily
  • With the exception of loan payments to us, you may not make more than six (6) preauthorized, automatic, or telephone transfers (including telephone banking, and bill pay, internet banking and bill pay, and PC banking payments and transfers) each month. Of these six (6) allowable transfers, no more than three(3) may be made by check, draft, debit card, check card, or similar order made by the depositor and payable to a third party (provided such transactions are allowed by us for your particular type of account.
  • A fee of $10.00 will be imposed for each subsequent debit/withdrawal.

Platinum Tiered Money Market Account

  • Minimum deposit of $10,000.00 to open account
  • Monthly service charge with a minimum daily balance of:
    • $10,000.00 or more ………………………..NONE
    • Below $10,000.00..…………………………$10.00
  • Minimum daily balance of $10,000.00 must be maintained to receive interest
  • The interest rate tiers are as follows:
    • Balances between $10,000.00 and $49,999.99
    • Balances between $50,000.00 and $99,999.99
    • Balances between $100,000.00 and $249,999.99
    • Balances $250,000.00 and above
  • Monthly statement
  • Interest compounded and credited monthly
  • Interest can be withdrawn when credited
  • If you close your account before interest is credited, you will not receive the accrued interest
  • The interest rate and annual percentage yield may change daily
  • With the exception of loan payments to us, you may not make more than six (6) preauthorized, automatic, or telephone transfers (including telephone banking, and bill pay, internet banking and bill pay, and PC banking payments and transfers) each month. Of these six (6) allowable transfers, no more than three(3) may be made by check, draft, debit card, check card, or similar order made by the depositor and payable to a third party (provided such transactions are allowed by us for your particular type of account.
  • A fee of $10.00 will be imposed for each subsequent debit/withdrawal.

Home Savings

  • Minimum deposit of $100.00 to open account
  • Semi-Annual statement
  • If your balance remains below $25.00 for 180 consecutive days with no activity in the account, there will be a $7.50 maintenance charge
  • Interest compounded and credited quarterly
  • Interest can be withdrawn when credited
  • If you close your account before interest is credited, you will not receive the accrued interest.
  • The interest rate and annual percentage yield may change daily
  • With the exception of loan payments to us, you may not make more than six (6) preauthorized, automatic, or telephone transfers (including telephone banking, and bill pay, internet banking and bill pay, and PC banking payments and transfers) each month. Of these six (6) allowable transfers, no more than three(3) may be made by check, draft, debit card, check card, or similar order made by the depositor and payable to a third party (provided such transactions are allowed by us for your particular type of account.
  • A fee of $2.00 will be imposed for each subsequent debit.

Christmas Club

  • No statement issued on this account
  • Interest compounded at maturity
  • If you close your account you will not receive the accrued interest
  • Only (1) withdrawal is permitted from a Christmas Club account, and we will close the account following this one withdrawal of funds
  • The interest rate and annual percentage yield may change daily.