Personal Accounts

Regular Savings

Our savings account is a good way to earn interest on your money.

Requirements:

• Initial deposit required to open account - $50.00

Benefits:

• No monthly maintenance fee unless more than 3 withdrawals are made during the month
• ATM cards are available
• Free online and telephone banking
• Interest will be compounded semiannually and will be credited to your account semiannually
• Interest begins to accrue on the business day of deposit

Cost:

• A per item fee of $1.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment out of this account) in excess of three during a statement cycle.

Certificate of Deposit

We offer 30-day to 3-year fixed-rate certificates of deposit.

Requirements:

• Initial deposit required to open a CD - $1,000.00

Benefits:

• No monthly maintenance fee imposed
• Interest will be compounded monthly unless you elect to receive the interest periodically
• Interest will be credited to your account monthly
• If you close your account before interest is credited you will receive the accrued interest
• The interest rate is fixed until the first maturity of the Certificate of Deposit
• You have 10 calendar days after the maturity to withdraw funds without penalty
• This account will automatically renew at maturity

Cost:

• We may impose a penalty if you withdraw any of the principal before the maturity date. The fee imposed will equal 1 month’s interest.

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