Personal Savings Accounts

Passbook Savings

To open a Passbook Savings Account you must deposit $25.

Your interest rate and annual percentage yield may change. We may change the interest rate on your account daily.
Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be accrued on a daily basis and credited and compounded to your account on the last day of each calendar quarter unless the account has an ATM card or ACH activity, then it will be at the end of each monthly statement period.
We use the daily balance method to calculate interest and fees on your account. This method applies a periodic rate to the daily balance in the account for the period.
If your balance is negative no interest will be paid on the account on that day. If you close your account before interest is credited, you will receive the accrued interest (if over $1.00).
Each preauthorized transfer to checking to cover overdraft fee is $2.00.You may make six (6) preauthorized, automatic, or telephone transfers monthly from your account. Transfers included within the six transfers allowed for savings accounts are as follows:
1. Telephone Transfers (including transfers initiated by a Telebank service).
2. Debit Card/Point of Sale
3. Checks (limited to checks payable to Third Parties).
4. ACH
5. Sweeps (debits to cover an overdraft or low balance in a different account).
6. PC Banking (Bank services obtainable through home or business computers).

To open a Money Market Account you must deposit $1000

$5 monthly fee charged if the daily balance falls below $750.
Your interest rate and annual percentage yield may change. We may change the interest rate on your account daily.
You may make six (6) preauthorized, automatic, or telephone transfers monthly from your account. Interest begins to accrue on the business day you deposit noncash items (for example, checks).
1. Telephone Transfers (including transfers initiated by a Telebank service).
2. Debit Card/Point of Sale
3. Checks (limited to checks payable to Third Parties).
4. ACH
5. Sweeps (debits to cover an overdraft or low balance in a different account).
6. PC Banking (Bank services obtainable through home or business computers).
Interest is accrued daily and credited and compounded monthly at the end of your statement period. If you close your account before interest is credited, you will receive the accrued interest. We use the daily balance method to calculate interest and fees on your account. This method applies a periodic rate to the daily balance in the account for the period.
Interest Rate Tiers
- 0 - $24,999
- $25,000 - $49,999
- $50,000 - $99,999
- $100,000 - and up

To open a Christmas Club Account you must deposit at least $2.00

Your interest rate and annual percentage yield may change. We may change the interest rate on your account daily.
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items. (for example checks)
Interest will be compounded every day. Interest will be credited to your account annually. If you close your account before interest is credited, you will not receive the accrued interest.
We use the daily balance method to calculate interest on your account. This method applies a periodic rate to the principal in the account each day.
If your balance is negative no interest will be paid on the account on that day.
You may not make any withdrawals from your account before maturity.
Your account will mature the week of October 15, Christmas Club checks will be mailed out that week.
There are no fees with respect to this account.
This account will not automatically renew at maturity. Interest will not be paid after the maturity date.
The annual percentage yield assumes that interest remains on deposit until maturity.