SAVINGS
Regular Savings Account:
Interest on this account is compounded quarterly and credited the last day of each quarter (end of February, May, August, and November). At our discretion we may change the rates. The interest rate and annual percentage yield may change. Account fees may reduce earnings. Accrued interest will be paid when the account is closed.
• $100.00 minimum balance required to open the account.
• $3.00 monthly Maintenance Fee will be assessed if the minimum daily balance falls below $100.00 any day of the month.
• $.50 per withdrawal in excess of 3 per month (includes automatic transfers).
• Monthly you may make only 6 transfers (automatic or preauthorized) and/or payment by debit card, ACH, draft, etc. payable to third parties. Account will be closed if transaction limitations are violated.
JESS Savings Account:
Savings account for children under 16 years of age. Interest is compounded quarterly and credited the last day of each quarter (end of February, May, August, and November). At our discretion we may change the rates. The interest rate and annual percentage yield may change. Account fees may reduce earnings. Accrued interest will be paid when the account is closed.
• $25.00 minimum balance required to open the account.
• $1.00 monthly Maintenance Fee will be assessed if the minimum daily balance falls below $25.00 any day of the month.
• Converts to a Regular Savings Account at age 16.
Christmas Club:
Start saving now for next Christmas! A coupon book is issued with which to make deposits. No minimum balance required to open. Mid-October principal and accrued interest will be paid out by automatic deposit into another account. Accrued interest will be forfeited if the account is closed before the end of the club cycle. At our discretion we may change the rates. The interest rate and annual percentage yield may change. Account fees may reduce earnings.
Click here for important information about procedures for opening or changing an account.