Savings Accounts

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Money Market Savings
  • This is an interest-bearing account

  • Tiered Money Market Savings interest rates can change at any time. Interest rate is compounded monthly on daily collected balance and credited to the account monthly.

    The balance levels are:

    • $0.00 - $9,999.99

    • $10,000 – and over

  • Monthly statement

  • $2,000 balance required to open

  • $2,000 minimum balance required to avoid $12.00 monthly maintenance fee

  • $2.00 for each withdrawal in excess of 6 per monthly statement cycle

Investment Money Market
  • This is an interest-bearing account

  • Investment Money Market interest rates can change at any time. Interest is compounded monthly on daily collected balance and credited to the account monthly.

    The balance levels are:

    • $0.00 - $9,999.99

    • $10,000 - $24,999.99

    • $25,000 - $49,999.99

    • $50,000 – and above

  • Monthly statement

  • $10,000 balance required to open

  • $10,000 minimum balance required to avoid $12.00 monthly maintenance fee

  • $2.00 for each withdrawal in excess of 6 per monthly statement cycle

Regular Savings
  • This is an interest-bearing account

  • Regular Savings interest rates can change at any time

  • Interest is compounded monthly on daily collected balance and credited to the account monthly

  • Quarterly statements, or monthly statements if there is an automatic withdrawal/deposit or statement is combined with a checking account

  • $200 minimum balance to open

  • $200 minimum balance required to avoid $4.00 monthly maintenance fee

  • $2.00 for each withdrawal in excess of 6 per monthly statement cycle (or per month for Regular Savings with a quarterly statement cycle)

Minor Savings
  • This is an interest-bearing account

  • Interest rates can change at any time. Interest is compounded monthly and credited monthly

  • Quarterly statements

  • No minimum balance to open

  • No minimum balance requirements

  • No monthly maintenance fees

 

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