Savings Account
This savings account can be used by both personal and business customers.
- Interest bearing account.
- $20.00 minimum deposit to open Savings account.
- Interest paid quarterly.
- You may make an unlimited number of in person withdrawals.
- Maintain a balance of $300.00 to avoid dormant fees of $5.00 per month when inactive more than 24 months and balance is under $300.00.
- Federal Regulation D limits preauthorized withdrawals (transfers by phone, automatic payment, wire, or internet) to a combined total of six per cycle or 4 week period. If this limit is exceeded, the account will be changed to a transaction account.
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