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Accounts: Savings

 

Description:

  • Interest-bearing account  

Requirements:

  • $10 minimum balance to open account  

Benefits:

  • Balance is compounded daily and paid quarterly
  • Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example checks)
  • The interest earned is based on rate tiers.
  • This account is based on a variable interest rate which can change at any time

Cost:

  • $0.25 is charged for each withdrawal over 12 per cycle
  • $1 dormant account fee for in-active accounts for 365 days and
    balances less than $100
 

 

 

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