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Savings Accounts

 

Savings Accounts
Account NameEligibilityMinimum Opening DepositInterestClick for more information
Business Savings Business $1,000.00 Compounded Daily and Credited Monthly

Terms

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Personal Savings Personal $1,000.00 Compounded Daily and Credited Monthly

Terms

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Flex Savings Personal, Business,
Sole Proprietor,
Non-Profit Organization
$5,000.00 Tiered

Terms

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Certificate of Deposit Personal, Business,
Sole Proprietor,
Non-Profit Organization,
IRA Retirement Account
$5,000.00 Fixed Rate for Fixed Terms of 1 to 60 months

Terms

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Terms

Business Savings

If the average daily balance falls below $1,000, the account is subject to a $10 service charge. There is an excessive withdrawal fee of $10 for each item in excess of the limitation.

Personal Savings

If the average daily balance falls below $500, the account is subject to a $10 service charge. There is an excessive withdrawal fee of $10 for each transaction in excess of the limitation.

Flex Savings

If the average daily balance falls below $500, the account is subject to a $10 service charge. There is an excessive withdrawal fee of $10 for each transaction in excess of the limitation.

Certificate of Deposit

A penalty may be imposed for early withdrawal.

    • 1-12 month term = 1 month simple interest
    • Over 12 month term = 3 months simple interest