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Savings, CDs & IRAs

From personal savings accounts to long-term CD's, we want to make it easy for you to save by offering direct deposit, automatic transfers from your checking to savings, and online banking to let you view your accounts at any time.

Accounts

Personal Savings Accountpersonal savings cd ira

Our Personal Savings Account offers flexibility. With a low minimum opening balance, this account is suitable for anyone.

Student Savings

Student savings offers students the ability to put a little extra money aside for a certain goal or rainy day fund. 

Certificates of Deposit (CDs)

Many savers enjoy the security of CDs, where their money can earn an attractive rate. You can open a CD for as little as $500, with terms ranging from 3 months to 5 years. CDs may carry varying penalties for early withdrawal. Your interest rate remains fixed for the term of the CD.

IRA

It is never too early to begin saving for retirement.  Compounding of interest over time is the key to achieving your goals in the future. Our IRA accounts are ROCK SOLID, with a stated rate of interest so that you know exactly the rate of return when you sign the certificate.  Investment decisions based upon past performance of a mutual fund or other investment can have disappointing results.  We offer both Traditional and Roth IRA accounts.  Roth IRA accounts differ from traditional IRAs in that it is not a tax-deferred contribution.  Upon retirement your distributions are considered tax-free income, because taxes were paid before the funds were placed into the Roth IRA.

 

 Personal Savings

Student Savings

Certificate of Deposit

IRA

Amount to Open Account  $25.00 $25.00  $500.001  $100.00
Daily Minimum Balance to Waive Service Fee  $100.00 $100.00  N/A N/A 
 Monthly Maintenance Fee  $3.00 $3.00  N/A  N/A
Pays Interest YES
Balance must be over $25 to accrue interest
YES
Balance must be over $25 to accrue interest
YES YES
Add to account whenever you wish YES YES NO YES2
Accessible by Online Banking YES YES YES
View account information and balances only
YES
View account information and balances only
ATM Card YES FREE (ATM Only) NO NO
FDIC Insured3 YES YES YES YES

1Opening amount depends on term of CD.  CD specials may require a higher opening balance.
2Up to maximum contribution allowable.  Applies to (18) month term only.
3FDIC Insurance is up to $250,000 per depositor.

 

2017 Fee Schedule