| Product |
Minimum Opening Deposit
|
Interest Rate
|
Minimum Daily Balance to Avoid Maintenance Fee
|
Maintenance Fee/Excessive Withdrawal Fee
|
|
Regular Savings
|
$100 |
Variable interest rate, compounded daily and paid quarterly. |
$500 account / $10,000 combined average daily balance |
$3 ($9/quarter)/
$15 excessive withdrawal fee. (1) |
|
Money Market Account
|
$5,000 |
You will earn interest on daily collected balances of $5,000 or more. Compounded daily and paid to your account monthly. |
$5,000 |
$10 per month/
$15 excessive withdrawal fee. (1) |
|
Liquid CD
|
$1,000 |
Interest is compounded daily and paid to your account quarterly. |
$2,500 |
$10 |
|
Certificate of Deposit (CD)
|
$10,000 |
Interest is compounded daily and paid monthly, quarterly, annually or at maturity. |
N/A |
N/A |
|
IRAs & Roth IRAs
|
$2,500 |
Interest is compounded daily and paid to your account at least annually |
N/A |
$20 annual trustee fee* |
*See details and disclosures by clicking on type of account.
Account terms and conditions disclosure
(1) Federal Regulation D requires banks to limit the way withdrawals may be made from a savings account. Preauthorized withdrawals (transfers by phone, wire or personal computer, overdraft protection, automatic payment, check) are limited to a combined total of six per account cycle. There is a $15 fee for each preauthorized withdrawal in excess of these limits. If withdrawal limitations are exceeded three times in 12 cycles, the account will be closed, or converted to a checking account.