Contact Us Locations About Us Resources Rates Home
Privacy Services Bank Cards Savings Checking Loans PC Banking

Savings Accounts

Putting Away For The Future

  • Passbook Savings
  • Statement Savings
  • Certificates of Deposit (CD's)
  • Individual Retirement Accounts (IRA's)
  • Club Accounts
  • MMDA

Passbook Savings

  • $50.00 minimum deposit to open this account.
  • A $2.00 monthly maintenance fee is imposed on an account whose balance falls below $100.00 on any day of the cycle.
  • Passbook must be presented for withdrawals.
  • No limit on number of monthly in person withdrawals.
  • May be opened by individuals, organizations and corporations.
  • Please visit rates for current interest information.

Statement Savings

  • $100.00 minimum deposit to open this account.
  • A $2.00 monthly maintenance fee is imposed on an account whose balance falls below $100.00 on any day of the cycle.
  • No limit on number of monthly in person withdrawals.
  • May be opened by individuals, organizations and corporations.
  • Please visit rates for current interest information.

Certificates of Deposit (CD's)

  • $1,000.00 minimum to open these accounts.
  • May be opened by individuals, organizations and corporations.
  • Terms for certificates of deposits range from 91 days to 84 months.
  • Interest rates are set by the bank and are fixed for the term of the instrument.
  • Substantial interest penalty may apply to early withdrawals.
  • Please visit rates for current interest information.
  • Jumbo rates quoted upon request.

Individual Retirement Accounts (IRA's)

  • $500.00 minimum deposit to open these accounts.
  • May be opened by any individual under the age of 70 ½ years who has earned income.
  • IRA's are available for various terms.
  • Interest rates are set by the bank and are fixed for the term of the instrument.
  • Substantial interest penalty may apply to early withdrawals.
  • Please visit rates for current interest information.
  • We offer many types of IRA's and retirement savings plans please contact you local office for further assistance.

Club Accounts

  • 50-week account.
  • Available in many denominations of weekly payments.
  • Offered in Christmas and Vacation formats.
  • Please visit rates for current interest information.

MMDA

  • $2,500.00 minimum opening deposit.
  • A monthly service fee of $5.00 is charged if the balance falls below $2,500.00 any day of the cycle.
  • The account permits six (6) transfers per cycle of which three (3) may be third party checks.
  • Checks are not returned with periodic statement.
  • May be opened by individuals age 18 years or over, businesses and organizations.
  • Please visit rates for current interest information.

back to top

spacer


legal images Valid XHTML 1.0 Strict Valid CSS

The pages, screens, information and contents of this Web site are the property of Colonial Bank, FSB.  No part of this information may be reproduced, distributed, modified, published, transmitted, posted or otherwise used for public or commercial purpose without the prior written consent of Colonial Bank, FSB. Any unauthorized access, alteration, uploading or downloading of information is strictly prohibited and is subject to prosecution(18 USC 1030).