Statement Savings Account

A Statement Savings Account is an interest bearing account available to help all customers save money. A minimum of $100.00 is required to open this account. Interest is compounded on a daily basis based at the prevailing rates and is credited to the account at the end of the quarterly cycle. If the average balance falls below $300.00, a $6.00 quarterly service charge will apply. This account is limited to six withdrawals per quarter with no charge, and a fee of $1.50 will apply for each additional withdrawal. Accounts with an average balance of $1,000.00 or above will not be charged for additional withdrawals.

Student Statement Savings Account

A Student Statement Savings Account is an interest bearing account created especially to help full-time and part-time students save money. No service charge will apply to this account regardless of average balance. A minimum of $100.00 is required to open this account. Interest is compounded on a daily basis based at the prevailing rates and will be credited to your account at the end of the quarterly cycle. An average balance of $100.00 is required to earn interest.

Money Market Plus Account

A Money Market Plus Account is a high interest rate tiered money market account with instant liquidity. Interest is compounded on a daily basis and credited to the account at the end of the monthly statement cycle. A minimum of $1,000.00 is required to open this account. When the balance of the account is at a tiered rate level, the entire balance earns the current high rates. Five interest rate tiers apply to this account.

  • Tier 1: Less than $1,000
  • Tier 2: $1,000.00 - $24,999
  • Tier 3: $25,000.00 - $49,999
  • Tier 4: More than $50,000
  • Tier 5: More than $100,000

If the account balance falls below $100.00 during the statement cycle, a $2.00 monthly service charge will apply.

Rates for this account subject to change at our discretion.