Savings Accounts

Savings Account

• $50 minimum deposit to open; $25 for minors (under age 18)
• $5 per quarter maintenance fee if average balance is less than $100; fee waived for minor
• Interest Rate – This is a variable rate account and the rate may change at the discretion of the bank
• Interest for your account is computed daily, compounded quarterly and credited quarterly
• Interest begins accruing on the business day you deposit
• Accrued interest is forfeited if the account is closed during the quarter

Christmas Clubs

• Minimum deposit of $5, $10 or $20. (Based on club type)
• Club must have all 50 payments made; the bank will then make the 51st payment
• Direct deposit or coupon book available

Vacation Clubs

• Minimum deposit of $5 or $10. (Based on club type)
• Club must have all 50 payments made; the bank will then make the 51st payment
• Direct deposit or coupon book available