Savings Accounts
NOW Accounts
Requirements:
- Minimum balance to open–$1,500.
- Minimum balance to earn interest–$1,500.
Benefits:
- Interest accrued daily and paid monthly to account.
- Interest rate tiered.
- First tier–$1,500 to $2,499.99, interest paid at base rate.
- Second tier–$2,500 to $4,999.99, interest paid at base rate plus .25%.
- Third tier–$5,000 and above, interest paid at base rate plus .50%.
- ATM/Debit Card available ($1 per card per month).
First Money Fund
Requirements:
- Minimum balance to open $2,500.
- Minimum balance to earn interest–$2,500.
Benefits:
- Interest accrued daily and paid monthly to account.
- Check images returned with statement.
Savings Account
Requirements:
- Minimum balance to open–$100.
- No minimum balance for minors under age 18.
Benefits:
- Interest accrued daily and paid quarterly to account.
- No service charge for minors under age 18.
Certificates of Deposit
Requirements:
- Minimum balance to open–$500.
Benefits:
- Insured by the F.D.I.C.
- Interest bearing time deposit which can be tailored to meet your needs.
- Interest can be paid monthly, quarterly, or yearly and paid to you by check, compounded to certificate of deposit, or paid to another account.
- Term of deposit can be from three (3) months to five (5) years.
- Contact our new accounts department to inquire about current rates.
Please visit www.fdic.gov for information concerning FDIC insurance coverage.