Saturday, December 03, 2016

Savings Accounts

 

Statement Savings

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

 

U-Save Minor Account

  • Minimum balance to open account: $1.00
  • There are no minimum balance requirements for any minor under the age of 18
  • There is a excess transaction fee of $1.00 for each withdrawal over three (3)
  • We use the average daily balance method to calculate the interest on your account

  

Passbook

  • Minimum balance to open the account: $100
  • If your average daily balance falls below $100 on any day in the calendar month we will impose a minimum balance fee of $2 for that calendar month
  • If your average daily 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 minimum balance fee of $1 for that calendar month.
  • If your average daily  balance is $200 or more on each day during the calendar month there will be no minimum balance 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.