Investment Accounts
Simplify your life. Use our savings accounts to earn a competitive rate of
interest while keeping your money liquid for emergencies and special
buying opportunities. For savings with limited check writing privileges,
choose our Money Market Accounts with competitive market rates.
And, when you want even higher returns, choose a Certificate of
Deposit to fit your investment needs.
Super Savings Account**
If you are looking for a place to save money and earn a competitive
interest rate -
- Minimum balance to open is $50
- Minimum daily balance requirements:
| $50 or more |
No quarterly maintenance
fee |
| Less than $50 |
$10 quarterly maintenance
fee |
- Excess withdrawal fee: $3 per item over 6 per quarter
Interest compounded and credited quarterly based on following tiers:
|
|
|
Interest
Rate |
APY%* |
| Tier 1 |
$ 0 - |
$ 2,499.99 |
0.50 |
0.50% |
| Tier 2 |
$ 2,500 - |
$ 9,999.99 |
0.60 |
0.60% |
| Tier 3 |
$10,000 - |
$24,999.99 |
0.80 |
0.80% |
| Tier 4 |
$25,000 |
or more |
1.10 |
1.10% |
| Rates effective as of October 8, 2008 |
Minimum balance requirements do not apply to minor accounts.
*Annual Percentage Yield
Rates set by Management
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Money Market Account**
If you are looking for a savings account with limited checking
and a competitive interest rate -
- Minimum deposit to open is $2,500
- Minimum daily balance requirement:
| $2,500 or more |
No monthly maintenance fee |
| Less than $2,500 |
$10 monthly maintenance fee |
- Excess withdrawal fee $10 per item over 6 per statement cycle
- Unlimited internal transfers
Interest compounded and credited monthly based on the following tiers:
|
|
Interest
Rate |
APY%* |
| Tier 1 |
Less than $2,500 |
0.10% |
0.10% |
| Tier 2 |
$2,500 or more |
0.40% |
0.40% |
| Rates effective as of April 10, 2008 |
*Annual Percentage Yield
Rates set by Management
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Prime Money Market Account**
If you want to accumulate funds and earn a higher interest
rate and still access your funds by check -
- Minimum deposit to open is $5,000
- Minimum daily balance requirement:
| $5,000 or more |
No monthly maintenance fee |
| Less than $5,000 |
$15 monthly maintenance fee |
- Excess withdrawal fee $10 per item over 6 per statement cycle
- Unlimited internal transfers
Interest compounded and credited monthly based on the following tiers:
|
|
|
Interest
Rate |
APY%* |
| Tier 1 |
$ 0 - |
$ 2,499.99 |
0.10 |
0.10% |
| Tier 2 |
$ 2,500 - |
$ 9,999.99 |
0.40 |
0.40% |
| Tier 3 |
$ 10,000 - |
$49,999.99 |
0.55 |
0.55% |
| Tier 4 |
$ 50,000 - |
$99,999.99 |
0.75 |
0.75% |
| Tier 5 |
$100,000 |
or more |
1.00 |
1.00% |
| Rates effective as of October 8, 2008 |
*Annual Percentage Yield
Rates set by Management
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**Additional Terms
There are additional terms you may wish to review on Interest Checking, Super
Interest Checking, Super Savings, Money Market, Prime Money
Market, Premier Checking and Premier Plus Checking.
These terms are listed below:
- Interest rate and annual percentage yield may change at any time.
- At our discretion, we may change the interest rate on your account.
- If you close your account before interest is credited you will not receive the accrued interest.
- Daily balance method is used to calculate the interest on your account.
- Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (e.g. Checks).
Premier and Premier Plus Checking: Must maintain a minimum daily balance of $1,000 to obtain the disclosed annual percentage rate.
Money Market and Prime Money Market Account: Transfers from a Money Market account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six(6) per statement cycle with no more than three(3) by check, draft, or similar order to third parties.
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