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NEWS

 | Friday, April 18, 2014

GREAT NEWS!

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Interest Bearing Accounts

All of our interest bearing accounts pay highly competitive interest rates, whether you have Certificates of Deposit or a Savings Account.

Money Market Account

  • Earn interest and enjoy ready access to cash

NOW Account

  • Perfect for not-for-profit and many sole proprietorships
  • Earn interest at a competitive rate
  • $1000 minimum to open
  • No service charge when balance is $1000 or more
  • $5 fee if balance falls below $1000
  • (Corporations are not permitted by Federal law to maintain Now Accounts)

Certificates of Deposit

  • Very competitive interest rates paid on certificates with terms from 3 months to 4 years
  • Penalty for early withdrawal

Passbook Savings Account

  • Very competitive interest compounded and credited semiannually
  • $100 Minimum to open
  • $1 fee if balance falls below $100 per month

Statement Savings

  • Interest that is compounded and credited semiannually
  • $100 minimum to open
  • $1 fee if balance falls below $100 per month
  • Monthly statement mailed


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 This Means To 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 drivers license or other identifying documents.

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