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Passbook Savings | Statement Savings | High Yield Money Market | Holiday Clubs | Vacation Clubs
Passbook Savings:This account offers convenience through a traditional savings method. By maintaining a minimum balance of $100.00, the account is free of service charges. If the account were to drop below the $100.00 balance requirement a $5.00 fee will be assessed for the month. Interest is paid quarterly on balances over $100.00. Other features and products that can be used with this account are:
Statement Savings:This account offers convenience through a statement account. By maintaining a minimum balance of $100.00, the account is free of service charges. If the balance were to drop below the $100.00 balance requirement the account will be assessed a $5.00 fee for the month. This charge will post when the monthly statement is produced. Interest is paid on balances over $100.00. Other features and products that can be used with this account are:
High Yield Money Market Statement Savings:This account offers convenience through a statement account. The initial deposit to open the account is $25,000.00. The product features a tiered interest rate. If the balance falls below $25,000.00 the interest rate will revert to the rate paid on passbook accounts. By maintaining a minimum balance of $1,000.00 the account is free of service charges. If the account were to drop below the $1000.00 balance requirement the account will be charged $7.50 for the month. This charge will incur when the monthly statement is produced. Interest is paid on balances over $.01. Other features and products that can be used with this account are:
Holiday Club Savings:This account offers the convenience of saving for holiday expenses through a passbook account. There is no minimum balance to maintain. Interest is paid annually on balances over $100.00 and credited at maturity. The holiday club account will produce a check that will automatically be mailed to you in October. Other features and products that can be used with this account are:
Vacation Club Savings:This account offers the convenience of saving for vacation expenses through a passbook account. There is no minimum balance to maintain. Interest is paid annually on balances over $100.00 and credited at maturity. The vacation club account will produce a check that will automatically be mailed to you in May. Other features and products that can be used with this account are:
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