Savings Accounts
Passbook Savings
Effective as of November 13, 2024
Our basic savings account, designed to help the average depositor set aside some extra money.
Minimum
Opening
Balance |
Required Balance |
Monthly Charges |
Annual
Percentage
Yield (APY) |
Interest Rate |
| $25.00 |
$100.00 |
$2 for each withdrawal in excess of six (6) per statement cycle
$3 service fee if balance falls below $100.00
|
0.20% |
0.20% |
Fees could reduce earnings.
The interest rate and annual percentage yield (APY) may change after account opening.
Christmas Club
Effective as of November 13, 2024
Available to help you save for the holidays. Read our Christmas Club blog post for more information.
Minimum
Opening
Balance |
Required Balance |
Monthly Charges |
Annual
Percentage
Yield (APY) |
Interest Rate |
| $25.00 |
None |
None |
0.20% |
0.20% |
The interest rate and annual percentage yield (APY) may change after account opening.
Health Savings Account
Effective as of November 13, 2024
Set aside funds for medical expenses with a Health Savings Account (HSA).
Minimum
Opening
Balance |
Required Balance |
Annual Percentage Yield (APY) |
Interest Rate |
| $25.00 |
None |
1.46% |
1.45% |
The interest rate and annual percentage yield (APY) may change after account opening.
Individual Retirement Account
Effective as of November 13, 2024
Saving for your retirement is important.
We offer both traditional and Roth IRA accounts in an 18 month variable rate instrument.
| Product |
Minimum Opening Balance |
Balance Required
to Earn APY |
Annual
Percentage
Yield (APY) |
Interest Rate |
|
IRA - 18 Month Variable CD
Rate may change after the account is opened.
|
$100 |
$100 |
2.52% |
2.50% |
| IRA - 12 Month Fixed CD |
$1,000 |
$1,000 |
1.76% |
1.75% |
| IRA - 24 Month Fixed CD |
$1,000 |
$1,000 |
2.56% |
2.55% |
The interest rate and annual percentage yield (APY) may change after account opening.
Read our Individual Retirement Account blog post for more information about individual retirement accounts.