Savings Accounts

Must be 18 years of age to open any individually owned savings account.

Regular Savings Account

• Customers must deposit a minimum of $50.00 to open account ($25.00 deposit for customers under the age of 18).
• If the average balance in this account falls below $25.00 on any day of the monthly statement cycle a $2.00 maintenance fee will be imposed to the account.
• Customers will be given four withdrawals during a month and after the fourth withdrawal they will be charged $.50 for each additional withdrawal.
• Transfers from a Regular Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month.
• Interest will be compounded and credited to the account semi-annually.
• Customers must maintain a minimum balance of $25.00 each day to obtain the disclosed annual percentage yield.