| Type of Account |
Minimum Balance |
Average Collected Balance |
Monthly Maintenance Fee |
Activity Fee |
| Economy Account1 |
None |
None |
$3.00 |
First 10 Debits FREE $0.20 per
Debit thereafter |
| Student Account (through grade 12)1 |
None |
None |
None |
None |
| Senior Citizen Account (age 62+)1 |
None |
None |
None |
None |
| Interest Bearing Accounts |
| NOW Account3 |
$500.00 |
None |
None |
First 20 Debits FREE $0.20 per
Debit thereafter |
| Money Market Account3 |
$2500.00 |
None |
None |
First 6 Debits FREE $0.20 per
Debit thereafter |
| Savings Accounts: Interest
is paid each calendar quarter based on the Daily Balance Method. The interest rate may change at any time. If the ledger balance
falls below $10.00 during the calendar quarter, there will be a $2.00
Maintenance Fee. Three free withdrawals/debits per calendar quarter. Additional
withdrawals/debits per calendar quarter are $0.50 each. A $50.00 minimum balance is required to open this account. |
| IRA Savings Accounts:
Interest is paid each calendar quarter based on the Daily Balance Method. The
interest rate may change each calendar quarter. A $50.00 minimum balance is
required to open this account. A $50.00 charge is assessed if
the account is transferred or closed within one year of opening.
Penalty for early withdrawal before age 591/2. |
| Certificate of Deposit:
91-DAY, 182-DAY, 12-MONTH, and 24-MONTH certificates of deposit require minimum deposit of $500.00. 36- MONTH certificates of deposit require minimum deposit of $1,000.00. Penalty for early
withdrawal. |
| * A debit is any transaction that removes funds from your account, such as checks paid, withdrawals (including ATM) etc. |
| 1. A $50.00 minimum balance is required to open this account. |
| 2. If account falls below balance
requirements, $5.00 monthly maintenance fee and $0.20 per debit. |
| 3. Interest is paid monthly based
on the daily collected balance. Rates may change at any time. If account falls below balance requirements, $10.00 monthly maintenance fee. |
