Savings

Passbook Savings

  • Minimum balance to open is $100.00
  • Daily compounding
  • Pays interest quarterly
  • No early withdrawal penalties
  • No limitation on number of withdrawals*

Money Market Passbook Savings

  • Minimum balance $5,000.00
  • Variable rate
  • Daily compounding
  • Pays interest monthly
  • No early withdrawal penalties
  • No limitation on number of withdrawals*

*The number of permitted transfers or withdrawals is governed by Federal Reserve Board Regulation D. You may make no more than six (6) transfers or withdrawals per month to another account or to third parties by preauthorized, automatic or telephonic transfer. In-person withdrawals are unlimited.

Certificates of Deposit (CD’s)

Terms Minimum Balance
91 Days $2,500
6 Months $2,500
12 Months $500
18 Months $500
24 Months $500
30 Months $500
60 Months $500
  • Call for our current rates.
  • All CD’s feature daily compounding of interest.
  • All CD’s are subject to early withdrawal penalties.

Christmas Club

  • Minimum to open – $10.00
  • Club Accounts Opened Nov 1st – Dec 31st Only
  • Account term – 50 weeks (distribution of funds prior to Thanksgiving)
  • Payments may be made weekly or monthly
  • Account must reach $50 by end of term to be re-opened the following year
  • No interest paid on balances below $50.
  • Interest paid on account at closing.