Personal Savings

CERTIFICATES OF DEPOSIT

  • $500 minimum opening deposit
  • Available in a variety of maturities
  • Penalty for early withdrawal
  • Fixed rates

 

MONEY MARKET ACCOUNT

  • $1,000 minimum opening deposit
  • No monthly service charge
  • Transfers are limited to six (6) per statement cycle
  • $5 fee for each withdrawal over the limit
  • Tiered interest -
    • $0 - $999
    • $1,000 - $9,999
    • $10,000 - $24,999
    • $25,000 - $49,999
    • $50,000 - UP
*Interest rates subject to change without notice

INDIVIDUAL RETIREMENT ACCOUNT (IRA)


CD - based retirement products such as Traditional and Roth
  • $250 minimum opening deposit
  • Available in a variety of maturities
  • Fixed rates
  • Penalty for early withdrawal
  • No brokerage or commission fees

 

STATEMENT SAVINGS

  • $100 minimum opening deposit
  • You may only make 6 transfers from your account each month
  • $2 fee for each additional withdrawal
  • $5 quarterly maintenance charge if balance falls below $100 any day of the month
  • Interest paid quarterly
  • Statements mailed quarterly

 
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