Personal Savings & Money Market Accounts

Money Market Account

• Initial deposit required to open: $1,000.00
• Interest is credited to you monthly
• A minimum balance fee of $10.00 will be imposed if the daily balance in the account falls below $1,000.00 on any day of the statement cycle.
• You may make six (6) debits from your account each statement cycle (month). A fee of $15.00 will be imposed for each subsequent debit.
• Transaction limitations: With the exceptions of loan payments to us, no more than six (6) debits (including preauthorized, automatic, telephone and internet transfers, bill pay payments, drafts or any item of similar order) can be made each month.
• If you exceed the transaction limitations, your account may be closed or converted to a non-interest bearing transaction account. 

Statement Savings Account

• Initial deposit required to open: $100.00
• Daily balance required to earn interest: $10.00
• Interest is credited to your account quarterly
• You may make six (6) debits from your account each statement cycle (quarter). A fee of $1.00 will be imposed for each subsequent debit
• Transaction limitations: With the exceptions of loan payments to us, no more than six (6) debits (including preauthorized, automatic, telephone and internet transfers, bill pay payments, drafts or any item of similar order) can be made each month
• If you exceed the transaction limitations, your account may be closed or converted to a non-interest bearing transaction account. 

Christmas Club Account

The Christmas Club has a limited enrollment period, call your local branch for more information.  The account balance will be disbursed annually in October.

• Initial deposit required to open: $10.00
• Minimum balance required to earn interest: $10.00
• Maximum one (1) account per customer
• After an account is opened, the only withdrawal permitted is a check by the bank for the balance in the account at maturity or closure.
• We may impose a penalty if you withdraw any of the principal balance before the maturity date; the fee imposed will be $10.00 and your account may be closed.
• This account will automatically renew at maturity. However, if you do not make a deposit into your account by the last business day in January of the following year, your account will be closed

All savings accounts have the following features:

• E-statements (upon request)
• Free telephone banking
• Free online banking
• Free mobile banking with mobile deposit