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 Now Account Checking Type 62
Minimum Balance of $200.00
Interest is compounded monthly. If the average balance falls below $200.00, there is a $5.00 service charge.
Cancelled checks are not returned, they are truncated.
Now Account Checking Type 72
Minimum Balance of $1.00
No interest paid on these accounts.
Cancelled checks are not returned, they are truncated.
Money Market Account M.M.A.
Minimum Balance of $2,500.00
If average balance falls below $2,500.00 during statement period, account will earn 25 basis points less than the rate this institution is then paying on its regular savings accounts. Checking privileges are not available.
Statements on the Now and Checking accounts and Money Market accounts are mailed monthly. Cost of checks varies with style and is deducted for the account.
Passbook Savings Accounts
Minimum Balance of $1.00
You may deposit or withdraw as often as needed. Passbook gives you a permanent record of your transactions and earns interest from date of deposit to date of withdrawal.
Christmas Club Passbook Account
These accounts work the same as Passbook Savings, but in October you receive a check for the balance of the account. Receive a free gift when you open your Christmas Club account.
Certificates of Deposit:
Length of Time |
Minimum Balance |
| 91 Day |
$2,500.00 |
182 Day |
$2,500.00 |
Interest rate is guaranteed during each term.
Interest may be mailed at Maturity or added to the C.D. balance for another term. |
Length of Time |
Minimum Balance |
12 Month |
$1,000.00 |
18 Month |
$1,000.00 |
24 Month |
$1,000.00 |
48 Month |
$1,000.00 |
Interest rate is guaranteed during each term.
Interest may be compounded to the account monthly or credited and mailed monthly (if account balance is $10,000 or over), quarterly, semi-annually, or annually. |
Individual Retirement Accounts
Type |
Length of Term |
Minimum Balance |
Traditional IRA |
18 Month |
$200 |
Roth IRA |
18 Month |
$200 |
Educational IRA |
18 Month |
$200 |
| All of the above listed certificates automatically renew for a similar term at the interest rate then posted in our office. Initial rates may change at any time and there is a substantial penalty for early withdrawal. |
Updated 5-7-08
(MMA & Passbook Updated 3-1-08)
Account Type |
Interest Rate |
Annual % Yield |
Minimum Balance To Open Acc't |
Minimum Balance to Obtain A.P.Y. |
N.O.W. |
0.750% |
0.75% |
$200.00 |
$1.00 |
Money Market |
1.00% |
1.00% |
$2,500.00 |
$2,500.00 Ave. Bal. |
Passbook Savings |
1.00% |
1.00% |
$1.00 |
$1.00 |
91 Day CD |
2.100% |
2.12% |
$2,500.00 |
$2,500.00 |
182 Day CD |
2.500% |
2.52% |
$2,500.00 |
$2,500.00 |
12 Month CD |
2.600% |
2.63% |
$1,000.00 |
$1,000.00 |
18 Month CD |
2.700% |
2.73% |
$1,000.00 |
$1,000.00 |
24 Month CD |
2.800% |
2.84% |
$1,000.00 |
$1,000.00 |
36 Month CD |
3.000% |
3.04% |
$1,000.00 |
$1,000.00 |
48 Month CD |
3.100% |
3.14% |
$1,000.00 |
$1,000.00 |
18 Month I.R.A. |
3.100% |
3.14% |
$1,000.00 |
$1,000.00 |
** Rates may change at any time.** Contact our office for current rates.
- Debit/ATM Cards
- Money Orders
- Safe Deposit Boxes
- Travelers Checks
- U.S. Savings Bonds
- Night Depository
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