Savings Accounts

Passbook Savings Accounts

• No minimum balance
• Interest earned on accounts with balances of $100 or greater*
• Interest is compounded and paid quarterly *
• $.50 service charge for each debit transaction in excess of 6 per month.
• Free Online Banking

Christmas Club and Vacation Club Accounts

• Weekly savings plan, $100 per week maximum
• The bank pays accrued interest on the account when checks are issued*
• Christmas Club checks are issued in October
• Vacation Club checks are issued in April
• If you close your account before interest is credited, you will not receive the accrued interest.

Certificates of Deposit

• Competitive Interest Rates
• Terms from 91 days to 5 years
• Current rates and terms are posted in our lobby
• Interest penalty for early withdrawal

Individual Retirement Accounts (IRAs)

• Traditional IRAs and Roth IRAs
• These savings plans offer special tax benefits
• Increase your financial security for retirement
• Current rates and terms are posted in our lobby*
• Limitations on contribution amounts and penalties for early withdrawal are determined by law

* The interest rate on these accounts is determined by bank policy and is subject to change periodically