A very
popular choice for individuals:
 Minimum
to open - $100.00
Benefits:
- Unlimited check
writing - no per check charges
- No Minimum Balance
Required
- 400 Special
Personalized Checks per year
- Safe Deposit Box
Rent discount of 25% each year ($5 max)
- ATM/Debit card
issued upon approval
- Member FDIC
Monthly maintenance
fee - $8.50
|
| Regular
Checking |
For
individuals:
Minimum to open - $100.00
- If the daily balance falls below
$100.00 during the statement cycle, the following fees will
be imposed
Monthly maintenance
fee.......................................$10.00
- Unlimited check
writing
- ATM/Debit card
issued upon approval
- Member FDIC
|
| Back
to Basics |
For
individuals who write only a few checks per month:
Minimum to open - $100.00
- If the daily
balance falls below $100.00 during the statement
cycle, a monthly
maintenance fee is imposed - $5.00
- Allows 10
checks/debits per statement cycle. Fee
for each debit over 10 - $0.50
- ATM/Debit card
issued upon approval
- Member FDIC
|
| Student
Account |
For
students up to age 22:
Minimum to open - $100.00
- If daily balance
falls below $100 during statement cycle, the
following monthly
maintenance fee is imposed - $5.00
- Allows 15
checks/debits per statement cycle. Fee
for every debit over 15 - $0.20
- ATM/Debit card
issued upon approval
- Member FDIC
|
| Organization
Account |
For
clubs, service groups, other organizations:
Minimum to open - $100.00
- If the daily
balance falls below $100.00 during the statement
cycle, a monthly
maintenance fee is charged - $10.00
- Member FDIC
|
| NOW
Account |
For
individuals, sole proprietorships, not-for-profit
corporations:
Minimum to open - $100.00
- Earn interest on
100% of your funds. The interest rate and APY are
included in our
deposit rate chart. Rates may change
daily.
- If the daily
balance falls below $1,000 during the statement
cycle, a monthly
maintenance fee will be imposed - $10.00
- Unlimited check
writing privileges
- ATM/Debit Card
issued upon approval
- Member FDIC
|
| Super
NOW Account |
For
individuals, sole proprietorships or not-for-profit
corporations:
Minimum to open - $100.00
- Earn interest on
100% of your funds. The interest rate and APY are
included in our
deposit rate chart. Rates may change daily.
- Daily balance
below $50,000 during statement cycle will earn NOW
account rate. See
our deposit rate chart.
- Daily balance of
$50,000+ during statement cycle will earn SUPERNOW
account rate. See our deposit rate chart.
- If daily balance
drops below $1,000 during the statement cycle a
monthly maintenance
fee will be imposed - $10.00
- ATM/Debit card
issued upon approval
- Member FDIC
|
| Money
market Plus |
Interest-bearing
account for corporations and for-profit businesses:
Minimum to open - $100.00
- Earn interest on
100% of your funds. The interest rate and
APY are included in our deposit rate chart.
Rates may change daily.
- Daily balance
below $50,000 during statement cycle will earn NOW
account rate. See
our deposit rate chart.
- Daily balance of
$50,000+ during statement cycle will earn SUPERNOW
account rate. See our deposit rate chart.
- 3 checks per
month; limit of 6 (total) transfers per month
- If daily balance
drops below $1,000 during the statement cycle, a
monthly maintenance
fee will be imposed - $10.00
- Member FDIC
|
| Classics
I |
Account
for ages 50 and over:
Minimum to open - $100.00
Benefits:
- Balances over
$1,000 earns interest
- Unlimited check
writing - no per check charges
- 200 Special
Personalized Checks-per year.
- Group travel
opportunities.
- Safe Deposit Box
Rent discount of 50% for 1st yr. ($10 max.)
- ATM/Debit card
issued on approval
- If daily balance
drops below $100 during the statement cycle, the
following
maintenance fee will be imposed - $10.00
- Member FDIC
|
| Classics
II |
Account
for ages 50 and over:
Minimum to open - $100.00
Benefits:
- No minimum balance
to maintain account.
- Earns interest on
100% of your funds. The interest rate and
APY are included in our deposit rate chart.
Rates may change daily.
- 400 Special
Personalized Checks per year.
- Safe Deposit Box
rent at 50% discount each year ($10 max.)
- CD's purchased
with funds not on deposit at this institution earn
0.25% higher initial interest rate.
- Group travel
opportunities.
- ATM/debit card on
approval
- Unlimited check
writing - no per check charges
- Monthly
maintenance fee - $5.00
- Member FDIC
Monthly maintenance
Fee - $5.00
|
| Checking
Plus, NOW |
Checking
Plus account with NOW account interest rates:
Minimum to open - $100.00
- Same advantages as
Checking Plus account.
- Earn interest on
100% of your funds. The interest rate and
APY are included in our deposit rate chart.
Rates may change daily.
- No minimum balance
required
- Monthly
maintenance fee - $10.00
- Member FDIC
|
| Additional
Disclosures for Interest Checking |
Interest
rates, calculations, and payment method:
- The interest rates
and annual percentage yield for your account
depends upon the
applicable rate tier and they are applied to the
entire balance in
your account. See our deposit rates chart.
- Interest begins to
accrue on the business day you deposit non-cash
items (for example,
checks).
- We use the daily
balance method to calculate the interest on your
account. It
applies a daily periodic rate to the principal in
the account
each day.
- Interest is
accrued daily and compounded/credited monthly.
- If you close your
account before interest is credited you will not
receive the accrued
interest.
- The
interest-bearing checking accounts are variable
rate accounts; your interest rate and annual
percentage yield may
change at our discretion at any time.
- Member FDIC
|
| Passbook
Savings |
Interest-bearing
account, accessible with your passbook:
Minimum to open - $200.00
- 18 withdrawals are
allowed per semi-annual statement cycle
- If the daily
balance drops below $1500, and more than 18
withdrawals are made in a semi-annual statement
cycle, the following excess withdrawal fee will be
imposed - $ 1.00 per withdrawal
- If the daily
balance drops below $200 during the statement
cycle, the following semi-annual maintenance fee
will be imposed - $3.00
- Passbook must be
presented for all transactions.
- Member FDIC
|
| Kids
Cash (Passbook Savings) |
Children's
interest-bearing passbook account (for up to age 18):
Minimum to open - $25.00
- 6 withdrawals are
allowed per semi-annual statement cycle
- If more than 6
withdrawals are made in a statement cycle, the
following excess
withdrawal fee will be imposed $1.00 per
withdrawal
- If the daily
balance drops below $25 during the statement cycle
the following
semi-annual maintenance fee will be imposed -
$3.00
- Passbook must be
presented for all transactions.
- Member FDIC
|
| Add'L
Disclosure for Passbook Savings |
Interest
rates, calculation, and payment method:
- The interest rate
and annual percentage yield for your account are
shown on the deposit rates chart. This rate
is applied to the entire balance in your account.
- Interest begins to
accrue on the business day you deposit non-cash
items (for example, checks).
- These are variable
rate account; the interest rate and annual
percentage yield may change at our discretion at
any time.
- Interest is accrued daily
and compounded/credited semi-annually.
- If you close your
account before interest is credited you will not
receive the accrued interest.
- Member FDIC
|
| Certificates
of Deposit (CD) |
Minimum
Balance Requirements:
The minimum balance required to open a certificate of
deposit varies with the term. The minimum balance
required to have interest paid monthly by check is
$10,000.00.
Interest Rate:
The interest rate and annual percentage yield for a CD
is detailed on our deposit rates chart. The
annual percentage yield we disclose to you assumes
that interest remains on deposit until maturity.
A withdrawal will reduce earnings.
Balance
Computation Method:
We use the daily balance method to calculate the
interest on a CD. This method applies a daily
periodic rate to the principal in the account each
day. Interest begins to accrue on the same day you
deposit non-cash items (for example, checks).
Interest
Calculation and Payment:
Interest on a CD will be accrued daily and paid based
on the term requirements and the instructions when the
account is opened.
Automatic Renewal:
- Most CDs will
automatically renew at maturity. You will
have ten calendar days from the maturity date to
withdraw your funds without being charged a
penalty.
- Some CDs do not
renew automatically at maturity. If a CD is
not automatically (or otherwise) renewed, then
interest will not accrue after maturity.
Early Withdrawal
Penalty:
We may impose a penalty if you withdraw any portion of
your account before the maturity date. The
amount of this penalty will be:
|
CD Term
91 days or Less
92 days to 1 year
Greater than 1 year
|
Penalty
30 days interest
90 days interest
180 days interest
|
Transaction
Limitations:
You cannot make any additions of principal to a CD
during a term. Interest
that is credited to the account during a term, if not
withdrawn during the term it is earned or during the
10 day grace period following maturity, becomes part
of the principal for the next renewal term.
Member FDIC
|
| Individual
Retirement Accounts (IRA) |
- The minimum
balance required to open an IRA is $500.00
- You may put your
IRA funds in the following accounts:
-- Variable Rate IRA
-- 12, 18, 24, or 30-month IRAs
- See rate chart for
current interest rates and annual percentage
yields
- Member FDIC
|
