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Savings Accounts

  • Requirements:
    • Must deposit $50 to open
    • Must maintain a balance of $200 to avoid service charge fees. If daily balance falls below $200 a $9.00 per Quarter service charge will be assessed.
    • Must maintain a balance of $200 dollars to obtain the disclosed annual percentage yield
    • You may make six (6) transfers from your account each statement cycle. Transfer and withdrawals made in person, by messenger, or by mail are unlimited.
    • If the account is closed before interest is credited, you will not receive the accrued interest.
  • Benefits:
    • Interest if the minimum required balance is met each quarter.
  • Cost:
    • A $2.00 charge per item will be imposed for transactions over the maximum of six (6).