Savings Account Disclosure

  • Minimum balance to open $50.00.
  • Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account.
  • Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
  • The interest rate on your account will be paid through the last day of the quarter.
  • Interest will be compounded quarterly and credited to your account on the last business day of each quarter. If you close your account before interest is credited, you will not receive the accrued interest.
  • We use the daily balance method to calculate interest on your account. This method applies a periodic daily rate to the principal in the account each day.
  • A $3.00 service charge will be assessed the last business day of each month if the balance drops below $50.00 any day of the month.
  • One free withdrawal per month. Each additional withdrawal will be assessed a $3.00 service charge.
  • Youth Savings Accounts are available to persons under the age of 18 or held for persons under the age of 18 by an adult. Monthly service charges are waived on Youth Savings Accounts.
  • Quarterly statements.
  • Free On-line Banking.
  • Free Bill Payment.
  • Free Telephone Banking.
  • See Other Services and Fee Schedule.