Express 24

NEWS

 | Thursday, August 21, 2014

GREAT NEWS!

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Savings Accounts / Investment Opportunities

Certificates of Deposit

  • Minimum of $1000 on CDs with terms ranging from 3 months to 4 years
  • Interest rate varies with term of certificate
  • Interest payments may be made quarterly, annually or at time of maturity
  • Statements issued annually
  • Penalty for early withdrawal
  • CDs are free of market rate risk
  • Now offering 13-Month No Penalty Certificate

Passbook Savings Account

  • Savings accounts earn interest that is compounded and credited semiannually
  • $100 minimum to open
  • $1 fee if balance falls below $100 per month
  • No service charges on minor/custodian accounts

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

Christmas Club

  • No minimum balance to start a club
  • Runs for 50 weeks
  • Interest earned and paid after 50 weeks
  • No withdrawals allowed
  • Deposit as little or as much as you want
  • Christmas Club check received first part of November


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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