Individual Savings Account
- No minimum balance required to earn interest
- Excessive withdrawal fee - $2.00 each withdrawal in excess of 6 during the calendar quarter.
- Transfers or withdrawals from a savings account to another account or to a third party by means of a preauthorized or automatic transfer, telephone order, computer transfer, check, draft, debit card or similiar order to a third party are limited to 6 per monthly cycle.
- Quarterly statements if no transfers occur during a particular month.
- Quarterly service charge if minimum balance falls below $50.00: $5.00
- Service Charge is in addition to excess withdrawal fees
- Minimum opening deposit: $100.00
Christmas Club Savings
- You set the amount and frequency of deposits
- Interest paid on average daily balance and paid annually
- Checks mailed in early November
- Minimum opening deposit: $5.00