Statement Personal Savings

Young couple with a baby outside their new home.

Great for adults, seniors, or anyone interested in saving money that may need access to deposited funds.

Benefits:

Ideal for people who desire to save money and who do not anticipate much account activity. The savings account is not designed as a transaction account and the fee structure nurtures savings. Statements of account activity will arrive quarterly. An ATM Card may also be available, giving customers continuous access to funds and easy transfers between accounts.


Features:

  • $250.00 minimum deposit to open1
  • Six withdrawals or transfers allowed per month2
  • An ATM card may be available on this account

Transaction Limitations:

There is no limit to the number of in-person or ATM withdrawals you may make from your account. The total of withdrawals you may make by pre-authorized, automatic, online, telephone or telebank transfers from your account in any one calendar month cannot exceed six. We may refuse any request for transfers in excess of these limitations. We may elect to close the account or terminate your ability to make pre-authorized, automatic, or telephone transfers from the account if you exceed these limitations.


* If account is closed within six months of opening, a $30.00 fee will be charged.

1 $5.00 monthly service charge if the daily balance drops below $250.00 any day of the month.
2 For each withdrawal or transfer over six, there is a $0.50 service charge per withdrawal or transfer.