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

