Savings Account
Our most popular savings account, it’s easy to save a little or a lot in this account. With a low minimum balance you can save what you need, when you need to by easily transferring to and from this account or visiting us in person to make withdrawals.
With the ability to have multiple savings accounts, you can even establish more than one for different savings needs and name them accordingly (vacation savings, cabin down payment, etc).
Service Charges:
- A fee of $6.00 will be imposed every quarter if the balance falls below $50.00 any day during the statement cycle
Features
- Interest compounded and credited quarterly
- Interest is calculated using the daily balance method
- Quarterly statements (Monthly statement if there is electronic activity)
- Free Online Banking
- Access to account with your ATM card
- Free eStatements
- Free Telephone Banking
Accounts open for children age 18 or under will be opened as an UTMA.
Transaction Limitations on all Money Market and Savings Accounts:
Federal Regulation D limits the number of transfers or withdrawals from each of these accounts to another account of yours or to a third party made by check, draft, debit card, telephone, online banking, mobile banking, as well as preauthorized, automatic, and wire transfers to six (6) per month. Transactions made in person at the bank, by mail, or at an ATM are not included for calculating Regulation D transaction limitations. If you exceed the transaction limitations, your account may be subject to closure.
