Savings

Savings

A savings account is a bank account which earns interest and has various limitations on withdrawals and electronic transactions. We offer a range of savings accounts and additional products to help you grow your nest egg, plan a vacation, or save for a rainy day.

Regular Savings Account

A minimum deposit of $200 is required for opening. If the balance falls below $200, quarterly service charges will apply (please see fee schedule). A $0.50 charge will apply for each withdraw in excess of 12 per quarter.

Money Market Plus

This account features no limits on transactions. The minimum required opening deposit is $2,500. A minimum balance of $2,500 earns a competitive market rate of interest. Rates are paid on a five tier basis: from 0 to $10,000, $10,001 to $25,000, $25,001 to $50,000, $50,001 to $100,000, and over $100,000. Rates are variable and subject to change.

Young Banker Savings

This account is available for Young Bankers (Under the age of 18), who’s parent or guardian maintains an account in good standing with the bank. There are no monthly service charges and a minimum deposit of $10 is required for opening. We offer this account as a financial educational service for our youth, to educate them on the importance of saving their money and building wealth.