| Passbook Savings - Minimum balance to open is $25.00 |
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Balance required to earn the current APY is $50.00 |
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Daily compounding |
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Pays interest quarterly |
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Current Interest Rate : 1.50%, APY: 1.51% |
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No service fees |
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No early withdrawal penalties |
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No limitation on number of withdrawals |
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| Money Market Deposit Accounts - Minimum balance $1,000.00 |
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Variable rate |
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Daily compounding |
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Pays interest monthly |
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Monthly statement |
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Three personal checks allowed per month |
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Unlimited in-person access to your funds |
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No early withdrawal penalties |
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No service fees |
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| Certificiates of Deposit (CD's) - |
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Terms |
Minimum Balance |
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3 Months |
$1,000.00 |
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6 Months |
$1,000.00 |
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12 Months |
$500.00 |
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18 Months |
$500.00 |
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24 Months |
$500.00 |
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30 Months |
$500.00 |
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36 Months |
$500.00 |
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48 Months |
$500.00 |
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60 Months |
$500.00 |
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Call or email for our current rates. |
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All CD's feature daily compounding of interest.
All CD's are subject to early withdrawal penalties. |
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| NOW Accounts (Checking) |
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Minimum balance to open $200.00 |
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Interest earned on balances $200.00 or greater |
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Monthly statement |
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No service charge with a minimum daily balance of $200.00. Below $200 daily balance, a $10.00 per month service charge will apply. |
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| "Sixty-Plus" Free Checking Accounts (Senior Citizens) |
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Minimum balance to open $200.00 |
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Interest earned on any balance at 1.00%, APY 1.01% |
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Monthly statement |
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No service charge |
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Free "Sixty-Plus" checks |
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| Individual Retirement Accounts (IRA's) |
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Offer Passbook Saving and all Certificates of Deposits as Individual Retirement Accounts |
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| Christmas Club Savings |
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Passbook Savings - Minimum balance to open is $25.00 |
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Balance required to earn the current APY is $50.00 |
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Daily compounding |
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Pays interest quarterly |
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Current Interest Rate : 1.50%, APY: 1.51% |
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No service fees |
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Annual distribution of funds on Monday before Thanksgiving |
