Savings, Money Market, High Yield Investment and Health Savings
We have accounts that offer an easy and convenient way to set money aside for a special purpose, for a rainy day, or to satisfy your need for investment diversification.
|
Savings |
Money Market |
High Yield Investment |
Health Savings |
Minimum Required Opening Balance |
$50 |
$2,500 |
$10,000 |
$0 |
Monthly Maintenance Fee |
Fee waived when your daily minimum balance requirement of $100 is met. Otherwise a $3 monthly maintenance fee is assessed. |
Fee waived when your daily minimum balance requirement of $2,500 is met. Otherwise an $8 monthly maintenance fee is assessed. |
Fee waived when your daily minimum balance requirement of $10,000 is met. Otherwise a $14.97 monthly maintenance fee is assessed. |
NONE |
Interest |
Click here to see the Interest Rate |
Click here to see the Tiered Interest Rate |
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Click here to see the Tiered Interest Rate |
Check Access |
NO |
YES; limited to 3 per month |
NO |
YES; qualified purchases only |
ATM/Visa® Check Card Access |
ATM only |
YES; transaction limits apply |
|
YES; qualified purchases only |
Withdrawal Limits
(includes all debits) |
4 withdrawals per month. After 4 a $1 per item charge will apply. |
6 total (allowed by law) per monthly statement cycle with no more than 3 by check. After 6 withdrawals a $7 per item fee will apply. |
6 withdrawals per monthly statement cycle. After 6 withdrawals a $4.99 per item charge will apply. |
n/a |
Online Banking, Online Bill Pay, Electronic Statements &
E-Mail Alerts |
FREE |
FREE |
FREE |
FREE |
| EXTRA SERVICES |
NONE |
NONE |
FREE official checks, money orders, travelers checks, notary service, and a FREE consultation with a Financial Planner |
NONE |
Regular Savings
Open a savings account today and save for your future. Our Regular Savings account allows immediate availability of your money. You may also “link” your savings account to your checking account to prevent returned checks on insufficient funds. This overdraft protection option is called “Savings Link.”
Money Market Savings
You’ve managed to save some money and are ready to earn a higher interest rate. Our Money Market is the answer.
High Yield Investment
Investment option featuring liquidity, attractive rates, and the security of FDIC Insurance. An ideal way to earn a great return on your savings. And, you get the benefit of all the "Extra Services" - like FREE money orders and a FREE consultation with a Financial Planner .
Health Savings
Health Savings Account (HSA) is a tax-deferred investment account, similar in many respects to an IRA, and used in conjunction with a qualified high deductible health plan. Earnings grow on a tax-deferred basis. Contributions and earnings dollars may be withdrawn at any time, federal income tax-free, for qualified medical expenses. At age 65, or upon disability, you may make withdrawals from your HSA for any reason. Please consult with your employer to see if you qualify for a HSA and talk to a tax advisor regarding the advantages of opening a HSA.
Who is eligible for a Health Savings account?
An HSA can be established by an individual or sole proprietor of a business who is:
- Covered by a high deductible health plan (HDHP)
- Not yet enrolled in Medicare Part A or Part B
- Not listed as a dependent on another person's income tax return
Business owners may also want to consider Health Savings accounts for their employees as part of a comprehensive health care plan.
Funds Availability Disclosure >>>>
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