Savings Accounts
Regular Savings
- Minimum opening balance $100.00 (children 13 and under - $25 minimum)
- Interest paid quarterly
- Quarterly Statement
- Three withdrawals per quarter
- $3.00 fee per each additional withdrawal
- $3.00 per quarter if daily balance falls below $100.00
Children 17 and under are exempt from quarterly maintenance fee.
Elite
- Minimum opening balance $1,000.00
- Interest paid monthly
- Monthly Statement
- Interest tiers at $1,000, $20,000 and $50,000
- Three withdrawals per quarter
- $3.00 fee per each additional withdrawal
- $3.00 per quarter if daily balance falls below $300.00
Savings accounts with no activity for 18 months will be considered dormant.
After 18 months of no activity, the account will be charged a dormant fee of $10 per year.
Christmas Club
- Checks issued first week of November
- Maximum deposit of $500.00 per month
- Penalty for early withdrawal
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