Savings

Passbook Savings

The perfect starting point. Whether it’s for your child, grandchild or for yourself – start putting money away now – here’s a great place to begin! Add to it steadily by automatic funds transfer. And, when you’re ready, pick up your pace with any of our high yield Certificate’s of Deposit.

 

  • Low opening deposit of $100
  • Interest is calculated daily and paid quarterly
  • If the daily balance falls below $100 any day in the month there will be a $1.00 service charge
  • No service charge for minors or students (23 or younger) or senior citizens (62 or older)
  • Restricted to six automatic, telephone or pre-authorized transfers per month*

 

* Excessive transfers may result in closure of account

 

Thrift Savings

Similar to our Passbook Savings account but with lower balance requirements.

 

  • Low opening deposit of $50
  • Interest is calculated daily and paid quarterly
  • If the daily balance falls below $50 any day in the month there will be a $1.00 service charge
  • No service charge for minors or students (23 or younger) or senior citizens (62 or older)
  • Six withdrawals or transfers per month

 

Christmas Club Account

Don’t let Christmas expenses sneak up on you. A great way to save for the holidays! This year, you’ll have the money to buy all those gifts with our Christmas Club account! The balance in your account is mailed to you after October 1st.

 

  • Low opening deposit of $100
  • Interest is calculated daily and paid quarterly
  • If the daily balance falls below $100 any day in the month there will be a $1.00 service charge
  • No service charge for minors or students (23 or younger) or senior citizens (62 or older)
  • Six withdrawals or transfers per month

 

Money Market Savings Account

A highly competitive option, enjoy the security of an insured investment, and you can maximize your cash position with potentially higher rates with our multiple interest tiers…the more you keep on deposit, the higher your interest rate. It’s a perfect way to keep your savings liquid, while keeping in step with an ever-changing economy.

 

  • Low opening deposit of $2,500
  • Interest is calculated daily and paid quarterly
  • No monthly fee or per check/debit charge if a minimum daily balance of $900 or an average balance of $1,500 is maintained
  • Low monthly fee of $4.00 plus $.20 per check/debit if balance falls below the minimum balance requirements
  • Limited to six withdrawals per month, of which no more than three can be by check