Personal Savings Accounts
| About the Account | Requirements | Benefits | Cost | |
|---|---|---|---|---|
| Statement Savings | About the Account Statement Savings offers you the opportunity to invest your money for that unique reason that's just for you. | Requirements Minimum Balance to Open - $50.00 | Benefits yes Ease of access yes Competitive rate of return yes Up to six withdrawals per quarter are allowed | Cost yes Minimum balance to avoid Service Charge fee - A minimum balance fee of $3.00 will be imposed every statement cycle unless you maintain a minimum daily balance of $50.00. yes An item fee of $1.00 is charged beginning with the 7th quarterly withdraw. RATE INFORMATION: At our discretion, we may change the interest rate for this account. |
| Peoples Piggy Bank | About the Account Perfect for that beginning account for children under the age of 18 with no minimum balance requirement. | Requirements No beginning balance requirement for ages 18 and under. | Benefits Excellent account to teach youngsters how to save and the importance thereof | Cost Limited to six withdrawals per quarter. RATE INFORMATION: At our discretion, we may change the interest rate for this account. |
Business Savings Accounts
| Requirements | Benefits | Cost | |
|---|---|---|---|
| Business Checking | Requirements Minimum Balance to Open - $100.00 | Benefits Credits earned on collected balances | Cost A fee of $5.00 and per item transit item fee of .06 |
| Your Business Checking | Requirements Minimum Balance to Open - $100.00 | Benefits yes 100 Transactions Per Statement Cycle yes Transactions include checks, deposits, and deposited items yes Electronic items are not counted as a transaction | Cost A service charge fee of $.25 will be imposed on every transaction that exceeds the 100 transactions during the statement cycle |
