Monday, October 20, 2014

Savings Accounts

 

Statement Savings

 

  • Minimum balance to open the account: $100
  • If your balance falls below $100 on any day in the calendar month we will impose a maintenance fee of $2 for that calendar month
  • If your balance is at least $100 on every day in the calendar month but falls below $200 on any day during the calendar month we will impose a maintenance fee of $1 for that calendar month.
  • If your balance is $200 or more on each day during the calendar month there will be no maintenance fees
  • We use the average daily balance method to calculate the interest on your account
  • Monthly statements

 

Christmas Club

  • Allows you to save a small amount for 50 weeks for Christmas
  • You may deposit any amount at any time
  • Receive interest on your account
  • You will receive your Christmas Club check in time to shop for Christmas.

  

Regular Passbook

  • Minimum balance to open the account: $100
  • If your balance falls below $100 on any day in the calendar month we will impose a maintenance fee of $2 for that calendar month
  • If your balance is at least $100 on every day in the calendar month but falls below $200 on any day during the calendar month we will impose a maintenance fee of $1 for that calendar month.
  • If your balance is $200 or more on each day during the calendar month there will be no maintenance fees
  • We use the average daily balance method to calculate the interest on your account

 

 

 

Help Us Prevent Identity Fraud...

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What does this mean for you? When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

 

UNLAWFUL INTERNET GAMBLING

Restricted transactions are prohibited from being processed through your account with us as required by the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG. A restricted transaction is a transaction or transmittal involving any credit, funds, instrument, or proceeds in connection with the participation of another person in unlawful Internet gambling.