Savings

Money Market Investment

  • $1500 minimum deposit to open
  • No service charge if balance is $1500 or more
  • $7.00 monthly service charge for balance below $1500
  • Interest earned on balance of $500 or more at tiered levels
  • Interest compounded monthly
  • Detailed monthly statement

Regulation D
 
Limited Number of Transfers or Withdrawals Permitted
Limited to six (6) transfers or withdrawals per month or statement cycle (of up to four weeks).

  • Transfers or withdrawals by way of check, draft, debit card, or similar order made payable to a third party
  • Transfers or withdrawals to another account of the same depositor at the same institution or a third party, if made by way of a preauthorized transfer, automatic transfer, by telephone, including fax, or with the institution's home or Internet banking service

Unlimited Number of Transfers or Withdrawals Permitted

  • Automatic or preauthorized transfers or withdrawals for the purpose of repaying loans held at the same institution
  • Transfers or withdrawals made by mail, messenger, automated teller machine, or in person to another account of the same depositor at the same institution
  • Withdrawals initiated by telephone provided the funds are distributed by way of a check mailed to the depositor 

Regular Savings

  • $100 minimum deposit to open
  • Up to 6 withdrawals in 3 months
  • $5.00 service charge per statement cycle for balance below $100
  • $.50 per debit item over 6 in a statement cycle
  • Interest paid on all minimum deposit balances
  • Interest compounded quarterly
  • Detailed quarterly statement

Regulation D
 
Limited Number of Transfers or Withdrawals Permitted
Limited to six (6) transfers or withdrawals per month or statement cycle (of up to four weeks).

  • Transfers or withdrawals by way of check, draft, debit card, or similar order made payable to a third party
  • Transfers or withdrawals to another account of the same depositor at the same institution or a third party, if made by way of a preauthorized transfer, automatic transfer, by telephone, including fax, or with the institution's home or Internet banking service

Unlimited Number of Transfers or Withdrawals Permitted

  • Automatic or preauthorized transfers or withdrawals for the purpose of repaying loans held at the same institution
  • Transfers or withdrawals made by mail, messenger, automated teller machine, or in person to another account of the same depositor at the same institution
  • Withdrawals initiated by telephone provided the funds are distributed by way of a check mailed to the depositor

Silver Savings

  • $500 minimum deposit to open
  • Special interest rate paid on balances of $500 or more
  • Regular interest rate paid on balances below $500
  • $3.00 service charge per statement cycle for balance below $500
  • $5.00 service charge per statement cycle for balance below $100
  • Interest compounded quarterly
  • Detailed quarterly statement

Regulation D
 
Limited Number of Transfers or Withdrawals Permitted
Limited to six (6) transfers or withdrawals per month or statement cycle (of up to four weeks).

  • Transfers or withdrawals by way of check, draft, debit card, or similar order made payable to a third party
  • Transfers or withdrawals to another account of the same depositor at the same institution or a third party, if made by way of a preauthorized transfer, automatic transfer, by telephone, including fax, or with the institution's home or Internet banking service

Unlimited Number of Transfers or Withdrawals Permitted

  • Automatic or preauthorized transfers or withdrawals for the purpose of repaying loans held at the same institution
  • Transfers or withdrawals made by mail, messenger, automated teller machine, or in person to another account of the same depositor at the same institution
  • Withdrawals initiated by telephone provided the funds are distributed by way of a check mailed to the depositor

Rainbow Savings

  • $25 minimum deposit to open
  • $25 Hold put on for the life of the account to keep it open
  • Up to 6 withdrawals in 3 months
  • $.50 per debit item over 6 in a statement cycle
  • Interest paid if daily balance is $100 or more each day during statement cycle
  • Interest compounded quarterly
  • Detailed quarterly statement

Regulation D
  
Limited Number of Transfers or Withdrawals Permitted
Limited to six (6) transfers or withdrawals per month or statement cycle (of up to four weeks).

  • Transfers or withdrawals by way of check, draft, debit card, or similar order made payable to a third party
  • Transfers or withdrawals to another account of the same depositor at the same institution or a third party, if made by way of a preauthorized transfer, automatic transfer, by telephone, including fax, or with the institution's home or Internet banking service

Unlimited Number of Transfers or Withdrawals Permitted

  • Automatic or preauthorized transfers or withdrawals for the purpose of repaying loans held at the same institution
  • Transfers or withdrawals made by mail, messenger, automated teller machine, or in person to another account of the same depositor at the same institution
  • Withdrawals initiated by telephone provided the funds are distributed by way of a check mailed to the depositor

Christmas Savings

  • $25 minimum deposit to open
  • No limit on deposits
  • Earns a special stated rate of interest
  • Interest compounded annually
  • Check mailed in early October

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