Personal Savings Accounts and CDs
This traditional savings account is a convenient way to save. Your account balance earns daily interest which is compounded and paid quarterly. You can open a regular savings account with an initial deposit of $100. An excessive transaction fee of $5.00 will be charged for each withdrawal over six per month.
- Minimum opening balance of $100.00
- Receive quarterly statement electronically
CERTIFICATES OF DEPOSIT
Minimum initial deposit is $1,000. The interest rate is fixed for the term of the deposit, and additional deposits are not permitted. Because you leave the funds on deposit for a certain time period, you receive a higher interest yield. If, however, you wish to withdraw the funds before maturity, there will be a penalty for early withdrawal.