Opening a savings account is a great step to plan for your future.
Statement Savings
Opening a Savings Account is a great step to plan for your financial future. Whether your savings are for a new home or car, we can help you take steps to reach your goals.
Features:
- Interest compounds and is posted to the account semi-annually.
- Allows for deposits or withdrawals at any time.
- A minimum deposit of $50.00 is required to open the account.
- Youth accounts for children under 16 can be opened without the minimum deposit requirement.
- A monthly service fee of $0.50 will be imposed every statement cycle if the balance of the account falls below $50.00 any day of the cycle.
- Fee is waived for customers under the age of 16.
- Contact us to open an account today!
Statement Savings Rate
| Description | APY* | Interest Rate |
|---|---|---|
| Semi-annually compounding May 31st & Nov 30th $50 minimum to open $10 minimum to open (youth) |
0.02% | 0.02% |
These are variable rate products. The rate may change after account is opened. Applicable fees may reduce earnings.
Rates are current as of December 6, 2024.
*APY = Annual Percentage Yield
