money

Personal Savings

Regular Savings

Account holders can earn interest on small to large amounts of money. This account is perfect for savers who need to withdraw from the account on a regular basis.

  • Earn interest on any balance with this limited activity account
  • Minimum Balance Violation fee of $ 1.00 per month for average balances less than $100.00
  • Two withdrawals are allowed per month with no fee
  • Excess Activity Charge of $0.20 will be assessed for each withdrawal in excess of two per statement cycle
  • A minimum deposit of $100.00 to open this account
  • Six transfers per month are allowed
  • Regulation D limits allow for only six transfers each month

Christmas Club Savings

Similar to our Regular Savings, this account allows savers to make regularly scheduled deposits with Christmas expenses as the main objective. The “forced savings” aspect of this account helps customers set aside money each week with the reward being extra cash for the holidays.

  • A minimum deposit of $100.00 to open this account.
  • The balance of the account, including interest, is disbursed automatically on the last business day of October.
  • The interest rate may change on the account annually on the first business day of November.

Educational Savings

Begin saving now to meet the increasing costs of higher education. The Educational Savings plan is an interest-bearing account designed to mature upon a child’s high school graduation.

  • Maturity is set for May or June of the anticipated year of the child’s high school graduation
  • A minimum deposit of $100.00 is required to open the account. After opening the account, the customer may deposit any amount at any time. Interest is paid quarterly.
  • Early withdrawal penalty is 25% of the principal withdrawn not to exceed 100% of the total earned interest. No penalty is assessed if the child graduates early. No interest is paid after the maturity of the account.

Minor Savings

Begin a savings plan at an early age with a Minor Savings account that is designed for youth under the age of 18. No minimum balance requirements or service fees make this an excellent introduction to the banking process. Children up to 12 years old can participate in Tiger Troop.

  • No minimum balance
  • Two withdrawals are allowed per month with no fee
  • Excess Activity Charge of $0.50 will be assessed for each withdrawal in excess of two per month.
  • Six transfers per month are allowed
  • Regulation D limits allow for only six transfers each month

Tiger Troop

This “Members Only” minor savings account teaches children to begin a savings plan at an early age. Sign up today and your Trooper can enjoy a variety of educational and recreational activities. Members and their parents can pick and choose which events to attend and participate in. Nothing is mandatory. Tiger Troopers are issued a special passbook and enjoy a preferred customer status. Members can enjoy the special “friendship” of Club Mascot, Terry the Tiger. Newsletters are sent to all Tiger Troopers.

  • This club is available to any child up to 12 years of age. He/she must have a new or existing minor savings account at the Bank.
  • There are no minimum balance requirements with the account operating the same as a Minor Savings account.
  • Six transfers per month are allowed.