Savings
* Be sure your accounts are insured by using the
Electronic Deposit Insurance Estimator (EDIE) |
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Progressive Savings
- Minimum to open
.$
50
- Service charge if balance
.None
is over $ 50
- Service charge if balance
..$
2.50
is under $ 50
- Interest credited monthly
- Direct deposit available
- Dormant fee applies
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Money
Market
- Five tiered
account
- Minimum to open......................$1,000
- Transfers or checks per
month.........6
- In-person withdrawals
or deposits............................unlimited
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Future Progressive Savings
- Minimum to open
.
.$
10
- Age requirement
.18
& Under
- Service charge
..None
- Balance requirement
.None
- Interest credited monthly
- Dormant fee applies
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Health
Savings Accounts
| A Health Savings Account (HSA) is an account that
you can put money into to save for future medical expenses. There are certain
advantages to putting money into these accounts, including favorable tax
treatment. |
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Certificates of Deposit
-
Available from 91 days to 5 years
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Minimum deposit of $1000
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Competitive interest rates, quoted
changes bi-monthly
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Automatic renewal upon maturity (penalty
for early withdrawal)
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10 calendar days from maturity date to
withdraw funds without penalty
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Interest paid to your specifications
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IMPORTANT INFORMATION ABOUT PROCEDURES FOR
OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money
laundering activities. Federal law requires all financial institutions to
obtain, verify, and record information that identifies each person who opens an
account.
What this means to you: when you open an account, we will ask for your name,
address, date of birth, and other information that will allow us to identify
you. We may also ask to see you driver's license or other identifying
documents.
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