Savings

  • Personal Savings

    • $50 minimum opening deposit.
    • Junior Savings $25 (18 years & younger)
    • Standard interest rate paid on all balances
    • Interest earned daily, paid quarterly
    • Limit of 6 transfers/withdrawals per month per Federal Regulation – see Reg D information sheet – after 3 withdrawals of any kind in a quarter, a $1 charge per withdrawal will be imposed
    • $50 minimum balance to avoid $1 monthly service charge

  • Christmas Clubs

    • 50 week club
    • Deposits can be made weekly, monthly or as often as you like
    • Club plans are offered with coupon payments of $5, or any other amount you choose
    • Interest is earned on all funds deposited if the club is kept open until maturity
    • Checks for all deposits plus interest are mailed around the 1st of November
    • $5 early close out penalty and forfeiture of all interest