Online Banking
Savings Accounts
| Account Name | Eligibility | Minimum Opening Deposit | Interest | Click for more information |
|---|---|---|---|---|
| Business Savings | Business, Sole Proprietor, Non-Profit Organization |
$1,000.00 | Compounded Daily and Credited Monthly |
|
| Personal Savings | Personal | $500.00 | Compounded Daily and Credited Monthly |
|
| Flex Savings (Personal) | Personal | $500.00 | Tiered |
|
| Flex Savings (Business) |
Business, Sole Proprietor, |
$500.00 | Tiered |
|
| Certificate of Deposit | Personal, Business, Sole Proprietor, Non-Profit Organization, IRA Retirement Account |
$5,000.00 | Fixed Rate for Fixed Terms of 1 to 60 months |
|
Terms
Business Savings
If the average daily balance falls below $1,000, the account is subject to a $10 service charge. There is an excessive withdrawal fee of $10 for each item in excess of the limitation.
Personal Savings
If the average daily balance falls below $500, the account is subject to a $10 service charge. There is an excessive withdrawal fee of $10 for each transaction in excess of the limitation.
Flex Savings (Personal) / Flex Savings (Business)
If the average daily balance falls below $500, the account is subject to a $10 service charge. There is an excessive withdrawal fee of $10 for each transaction in excess of the limitation.
Certificate of Deposit
A penalty may be imposed for early withdrawal.
- 1-12 month term = 1 month simple interest
- Over 12 month term = 3 months simple interest