Savings Account Comparison
| Account |
+ |
Opening Deposit |
Minimum Balance to Avoid Service Charges |
Monthly Service Charge |
Unlimited Check Writing |
Interest Bearing |
| Personal Savings Account |
Personal Savings Details |
$0 |
$100 |
$2 if balance below $100 |
No |
Yes |
| Money Market Account |
Money Market Details |
$0 |
$2,500 |
$10 if balance below $2,500 |
No |
Yes |
| Certificates of Deposit |
CD Details |
$500 |
$0 |
$0 |
No |
Yes |
| Health Savings Account |
HSA Details |
$0 |
$0 |
$0 |
Yes |
Yes |
Account Details
Personal Savings Account
- Variable interest rate account that earns competitive interest
- Only $2 monthly service charge if minimum balance falls below $100
- Service charge waived for account holders under the age of 18
- Six (6) withdrawals and transfers allowed per month*
- Fee Schedule
Money Market Account
- Variable interest rate account offering tiered rates
- Only $10 monthly service charge if minimum balance falls below $2,500 during your statement cycle
- Six (6) withdrawals and transfers allowed per month*
- Fee Schedule
*Regulation D limits the type of withdrawals and transfer transactions you can make out of your Savings or Money Market Account to a maximum combined total of six (6) per month or monthly statement period. These transactions include Automatic Transfers, Transfers by Telephone, Fax or Online Banking and Checks or Drafts. Withdrawal and Transfer transaction not limited to six (6) per month are those being made in Person, by Mail, at an ATM or by Messenger. An excessive withdrawal fee of $1.00 may apply for each transaction that exceeds the limit.
Certificates of Deposit
- Fixed rate for term of Certificate of Deposit
- Terms available from 3 month to 60 months
- Only $500 minimum deposit
- Penalties may apply for early closure
- Interest rates may change at renewal
- Fee Schedule
Health Savings Account
- Variable interest rate account offering tiered rates
- No minimum balance
- No service charge
- FREE Visa Debit Card
- Available with a qualifying High Deductible Health Plan (HDHP). Please consult a High Deductible Health Plan provider regarding eligibility and contribution/distribution requirements
- Unused funds are retained and not forfeited at year-end as with some flexible spending accounts
- No minimum balance to open account
- Fee Schedule
