Personal Savings
Effective April 1, 2010
| |
*Regular Savings Account |
*Youth Don't Spend
Savings Account |
Money Market |
Money Market Plus |
Christmas Club |
|
Minimum to Open |
$50.00 |
$10.00 |
$2,500.00 |
$10,000.00 |
$10.00 |
|
Monthly Service
Charge |
If the
account is dormant or has a balance below $10.00 there will be a
$2.00 per month or a $6.00 per calendar quarter fee imposed. |
If the
account is dormant and has a balance below $10.00 there will be
a $2.00 per month or a $6.00 per calendar quarter fee imposed. |
If the
account balance falls below $2,500.00 during the month, a $10.00 per
month service charge will be imposed |
A minimum
balance of $2,500.00 must be maintained to avoid a service
charge of $10 |
A minimum
balance of $10.00 and a minimum monthly deposit of $10.00 to avoid a
$2.00 monthly fee. |
|
Transfers and
Withdrawals |
** |
An
additional $2.00 transaction fee will be charged for withdrawals
in excess of three (3) per month |
** |
** |
Withdrawals are restricted to the
end of the Christmas Club period |
|
E-Statements |
Free |
Free |
Free |
Free |
Free |
|
Interest Bearing |
See Rate
Chart Below |
*A savings account is defined as dormant if there is no activity
for one year.
**You may make six transfers from your account during each four
week or similar period, if by pre-authorized or automatic transfer,
or telephone (including data transmission) agreement, order or
instruction, or by check,
draft, debit card or similar order (including POS transactions),
made by the depositor and payable to third parties. Transfers
and withdrawals made in person, by messenger, by mail or at an ATM
are unlimited.
|
Account Type |
Minimum Balance
to Open and Obtain APY |
Daily Balances Of |
Interest Rate |
Annual Percentage
Yield (APY) |
|
Regular
Savings Account |
$10.00 |
$10.00 |
.50% |
.50% |
|
Youth Don't
Spend Savings Account |
$10.00 |
$10.00 |
.50% |
.50% |
|
Money Market |
- |
$1.00-$2,499.99 |
.20% |
.20% |
|
$2,500.00-$9,999.99 |
.25% |
.25% |
|
$10,000.00-$49,999.99 |
.50% |
.50% |
|
$50,000.00
and up |
.75% |
.75% |
|
Money Market
Plus |
$10,000.00 |
$10,000.00-$24,999.99 |
.45% |
.45% |
|
$25,000.00-$49,000.00 |
.80% |
.80% |
|
$50,000.00
and up |
1.00% |
1.00% |
|
Christmas
Club |
$10.00 |
$10.00 |
.50% |
.50% |
|
MEMBER FDIC