Personal Savings AccountsPersonal Savings

Statement Savings Account

  • This is an interest bearing account .
  • There is no minimum opening balance required.
  • No quarterly maintenance charge is assessed if average daily balance is $200.00 or above.
  • If the average daily balance falls below $200.00 or the account is inactive for a 12-month period, a $10.00 maintenance charge will be assessed per quarter.

Direct Deposit Savings

  • This is an interest bearing account.
  • There is no minimum opening balance required.
  • No maintenance charge is assessed when the depositor participates in the direct deposit of a payroll or retirement program via an automated transfer. This feature pertains to the Savings Account receiving the direct deposit.

Student Saver Account

  • This is an interest bearing deposit account.
  • There is no minimum opening balance required.
  • No monthly maintenance charge is assessed from birth through age 23.
  • Upon reaching the age of 24, the account will revert to a Statement Savings Account.

Insured Money Market (IMM) Account

  • This is an interest bearing account.
  • A minimum deposit of $2,500.00 is required to open this account.
  • If the average daily balance falls below $2,500.00 during the month, a $15.00 maintenance charge is assessed at statement date.

Holiday, Vacation and Tax Savings Club Accounts

  • These are interest bearing deposit accounts.
  • No minimum opening balance is required.
  • Direct deposit is available to the depositor.
  • Direct deposit yields a higher rate of interest.
  • If the account is closed prior to maturity, customer forfeits the interest.
  • If the account is closed within 6 months of opening, a $10 fee is charged.
  • Withdrawals made prior to maturity must be for entire balance, no partial withdrawals are allowed.

Certificate of Deposit (CD)

  • These are interest bearing accounts.
  • Variable terms, ranging from 7 days to 5 years.
  • See Deposit Rate page for Rates. 

Escalator Certificate of Deposit (CD)

  • This is an interest bearing account.
  • This is an 18-month CD to which deposits may be made in increments of $150.00 or more.
  • A minimum deposit of $1000.00 is required to open this account with a $250,000.00 maximum.
  • The rate may be increased by the customer one time during the term of the certificate.