Savings

We offer a variety of savings products to meet your saving needs which include but are not limited to the following:

 

Savings Account

Interest bearing savings account, with a minimum opening deposit requirement of $200.00. Interest compounds quarterly. An incremental service charge will be assessed as follows:

  • $1.00 if the balance falls below $300.00 any time during the statement cycle (quarterly).
  • $2.00 if the balance falls below $200.00 any time during the statement cycle
  • $3.00 if the balance falls below $100.00 any time during the statement cycle.

You are allowed six withdrawals during a statement cycle (quarterly). A $1.00 per item charge will be assessed for each item over the six item limit. Image statement received quarterly. This is an interest earning account compounded quarterly. For current interest rate please contact one of our customer service representatives.

YES Savings Account

Savings account geared toward minors. No minimum opening deposit requirement and no service charge. This is an interest bearing savings account, with interest compounded quarterly. This account is only available to those customers under the age of 18. You are allowed six withdrawals during a statement cycle (quarterly). A $1.00 per item charge will be assessed for each item over the six item limit. Image statement received quarterly. This is an interest earning account compounded quarterly. For current interest rate please contact one of our customer service representatives.

Money Market Account (MMDA)

Interest bearing savings account, with a minimum opening deposit requirement of $2,500.00. This account earns interest and is compounded monthly. This account is limited to six withdrawals per month, with no more than three withdrawals being made to third parties. If the balance falls below $2,500.00 during the monthly statement cycle a service charge of $10.00 will be assessed. Image statement received monthly. This is an interest earning account compounded monthly. For current interest rate please contact one of our customer service representatives.

Certificates of Deposits (CD's)

The bank offers many different CD's with varying maturities and rates. The bank can customize a CD to meet your needs. For more information on our CD products visit with or call one of our Customer Service Representatives today.

Individual Retirement Accounts (IRA)

IRA Statement Savings

This account is for the purpose of allowing account holders to save for retirement. This account requires a minimum deposit of $100.00 at account opening. Account maintenance charge does not apply to this account. Withdrawals made before the age of 59 and 1/2 are subject to bank and IRS penalties. Image statement received quarterly.

IRA Certificates of Deposit

The bank offers a variety of CD’s to meet your investment needs. You can open a CD with a term as short as seven days or as long as three years. For more information on our CD products visit with or call one of our Customer Service Representatives today.

Christmas Savings

Christmas Club

This is a “BONUS” club account. If all required weekly deposits are made the account will pay a bonus of $10.00 in October of each year. The deposit period for this account runs from November to October. The funds from these accounts are dispersed to account holders by check in November of each year. Customers can open $5.00, $10.00 or $20.00 clubs, which pay out $250.00, $500.00 and $1,000.00 respectively plus bonus to all customers who made their required deposits.

* Please contact us for any quotes on current rates and term structures for any and all interest bearing accounts listed above.

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