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Savings Accounts
MMDA Accounts
Interest rate and annual percentage yield are at the bank’s discretion and can be changed at any time
The interest rate will never exceed 6.00%
$2500 minimum to open
$5.00 fee if balance falls below $2500
No interest paid if account closes before statement
Limited to 6 withdrawals per statement cycle. No more than three by check, draft or similar order to third parties
Fees could reduce earnings
Individual Savings Account
Interest rate and annual percentage yield are at the bank’s discretion and can be changed at any time
Interest is compounded daily on the average daily balance
Interest is paid quarterly
Statements will be sent annually at year end
$200 average balance must be maintained to obtain the annual percentage rate (except youth age 18 and under)
Limited to 3 withdrawals per quarter
$1.00 item fee for withdrawals over 3 per quarter
No interest paid if account closes before statement
Fees could reduce earnings.
Certificates of Deposit
Interest rate and annual percentage yield are at the bank’s discretion and can be changed at any time
Ranging term lengths available
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