| |
Personal
Savings |
Youth
Savings |
Accumulator Savings |
Christmas Club Savings |
Progressive Savings |
| Minimum Opening Deposit |
$200
$50 for 18 and under |
$5 |
$10 |
$10 |
$10,000 |
| Min Balance to Avoid Fees |
$200 |
No Min Balance |
No Min Balance |
No Min Balance |
$10,000 |
| Monthly Minimum Balance Fee |
$3 each month balance falls below $200 any day of the month |
No Fee |
No Fee |
No Fee |
$10 each month if balance is under $10,000 |
| Interest Compounding Frequency |
Quarterly |
Quarterly |
Daily |
Annually
at Maturity |
Monthly |
Free Online Services
Online Banking, Mobile Banking, eStatements |
Yes |
Yes |
Yes |
Yes |
Yes |
| Statements |
Monthly or Quarterly
Based on activity & relationships |
Monthly or Quarterly
Based on activity & relationships |
At Maturity
Based on activity & relationships |
At Maturity
Based on activity & relationships |
Monthly or Quarterly
Based on activity & relationships |
| Min Balance to Earn Interest |
$200 |
$0.01 |
$40 |
$50 |
$0.01 |
| Maturity Date |
---- |
---- |
You choose the maturity date
Must be at least 6 months from date of opening |
October 1st |
---- |
Variable Rate
Call for current rates |
Yes |
Yes |
Fixed for the term chosen |
Fixed until maturity on October 1 each year |
Yes |
Personal Savings is a basic, low-fee savings account that helps to build a nest egg for the future.
Youth Savings is an ideal account for those under the age of 13 that has no monthly fee or minimum requirements.
Accumulator Savings account helps you to focus on fulfilling a financial goal for a specific project. You schedule the deposits and choose the maturity date.
Christmas Club Savings is an excellent tool that assists you to save for holiday expenses. Payout occurs yearly in early October.
Progressive Savings account is designed with tiered interest rates. The more you deposit the more you earn, while still having access to your funds.