NOW Accounts
Requirements:
- Minimum balance to open - $1,500
- Minimum balance to earn interest - $1,500
Benefits:
- Interest accrued daily and paid monthly to account
- Interest rate tiered
- First tier-$1,500 to $2,499.99, interest paid at base rate
- Second tier-$2,500 to $4,999.99, interest paid at base plus
- Third tier-$5,000 and above, interest paid at base plus
- ATM/Debit Card available
First Money Fund
Requirements:
- Minimum balance to open - $2,500
- Minimum balance to earn interest - $2,500
Benefits:
- Interest accrued daily and paid monthly to account
- Check images returned with statement
Savings Account
Requirements:
- Minimum balance to open $100
- No minimum balance for minors under age 18
Benefits:
- Interest accrued daily and paid quarterly to account
- No service charge for minors under age 18
Certificates of Deposit
Requirements:
- Minimum balance to open - $500
Benefits:
- Insured by the F.D.I.C.
- Interest bearing time deposit which can be tailored to meet your needs
- Interest can be paid monthly, quarterly, or yearly and paid to you by check, compounded to certificate of deposit, or paid to another account
- Term of deposit can be from three (3) months to five (5) years
- Contact our new accounts department to inquire about current rates
Please visit www.fdic.gov for information concerning FDIC insurance coverage.
