Savings

• The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account quarterly.  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded quarterly and will be credited to the account quarterly. If the account is closed before interest is credited, you will not receive the accrued interest.
• Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
• Limitations: You must deposit $100.00 to open this account. $3 excess fee will be charged per withdrawal in excess of eight withdrawals per month. (Tele-Bank, Internet Banking, Mobile Banking, Auto-Debit Loan Payment and Safe Deposit Transactions Exempted).
• Account Fees: If your balance falls below $100.00 on any day in the month, your account will be subject to a $1.00 service charge for that month (under age 18 and over age 59 exempt).
• You may apply for an ATM card for savings only accounts

Rate: .20%
Annual Percentage Yield (APY): .20%

Interest is paid quarterly and there must be a balance in the account on the date interest is paid. Variable rate. Rates subject to change after account is opened.

A variable rate savings plan based on deposit size…

• This is a modified version of a savings account – the more you save, the more interest you earn.
• A statement showing interest earned from the previous month will be mailed or held at the customer’s request on the first of the month.
• A notice of current interest rate will be included in the statement.
• No interest will be paid if you fall below the required minimum balance of $2,500.
• $5 fee assessed if balance below $1,000.

Rate: .20%
Annual Percentage Yield (APY): .20%
Balance $2,500 – $9,999

Rate: .22%
Annual Percentage Yield (APY): .22%
Balance $10,000 – $24,999

Rate: .25%
Annual Percentage Yield (APY): .25%
Balance $25,000 – $49,999

Rate: .30%
Annual Percentage Yield (APY): .30%
Balance $50,000 and over

No passbook is required for deposits and withdrawals. Variable rate. Rates subject to change after account is opened.

A variable rate savings plan based on deposit size…

• This is a modified version of a savings account – the more you save, the more interest you earn.
• A statement showing interest earned from the previous month will be mailed or held at the customer’s request on the first of the month.
• A notice of current interest rate will be included in the statement.
• No interest will be paid if you fall below the required minimum balance of $2,500.
• $5 fee assessed if balance below $1,000.

Rate: .20%
Annual Percentage Yield (APY): .20%
Balance $2,500 – $9,999

Rate: .22%
Annual Percentage Yield (APY): .22%
Balance $10,000 – $24,999

Rate: .25%
Annual Percentage Yield (APY): .25%
Balance $25,000 – $49,999

Rate: .30%
Annual Percentage Yield (APY): .30%
Balance $50,000 and over

No passbook is required for deposits and withdrawals. Variable rate. Rates subject to change after account is opened.

A variable rate savings plan for higher balances based on deposit size…

• This is a modified version of a savings account for higher balances – the more you save, the more interest you earn.
• This account requires a $10,000 minimum balance to earn the stated APY.
• Minimum balance of $10,000 required to avoid $10 monthly fee.
• Premier MM Checks are available

Rate: .20%
Annual Percentage Yield (APY): .20%
Balance $10,000-$49,999.99

Rate: .30%
Annual Percentage Yield (APY): .30%
Balance $50,000-$99,999.99

Rate: .40%
Annual Percentage Yield (APY): .40%
Balance $100,000-$249,999.99

Rate: .55%
Annual Percentage Yield (APY): .55%
Balance $250,000-$499,999.99

Rate: .65%
Annual Percentage Yield (APY): .65%
Balance $500,000.00 and up

You must maintain a minimum average daily balance of $10,000 in your account to earn the disclosed interest rate. If your balance falls below $10,000, your account will be subject to a $10 service charge. Limit of six withdrawals per month (three of which may be by check). Excess withdrawals are $10 each. Variable rate. Rates subject to change after account is opened.