Traditional Savings

Description:
An account that pays interest on your balance and provides easy access to your money.

Requirements:

• Must be 18 years of age or must be jointly opened with an adult.
• A minimum of $10.00 to open this account.
• Requires a minimum $10.00 daily balance to accrue interest.

Benefits:

• This account is an interest bearing account.
• Interest begins to accrue on the business day you deposit.
• Interest will be compounded quarterly.
• Interest will be credited to the account quarterly.
• We use the daily balance method to calculate the interest on the principle of this account.

Cost:

• No service charge unless balance falls below $100.00. If balance falls below $100.00 daily balance, a $4.00 service fee will be imposed on the account.
• No service charge is imposed for seniors over 62 and students under 26.