Savings

Preferred Savings Account

  • Minimum opening balance: $50 (may be waived for customers under age 18).
  • No monthly fee if account balance is $300 or above at all times during a statement cycle or the average ledger balance is $2,000 or above. Otherwise, an $16.00 quarterly fee applies.
  • Withdrawals and transfers are limited by law to six covered transfers or withdrawals per calendar month or statement cycle. Additional withdrawals are $2.00 each.**
  • Interest will be credited on tiered balances. Interest accrues daily and is credited quarterly.
  • Check and deposit slip images provided in monthly statement.
  • Internet Banking and Bill Pay

Money Market Account

  • Minimum opening balance: $1,000.
  • No monthly fee if account balance is $1,000 or above at all times during a statement cycle or the average ledger balance is $2,000 or above. Otherwise, an $11.00 monthly fee applies.
  • Withdrawals and transfers are limited by law to six covered transfers or withdrawals per calendar month or statement cycle. Additional withdrawals are $5.00 each.**
  • Interest will be credited on tiered balances. Interest accrues daily and is credited monthly.
  • Check and deposit slip images provided in monthly statement.
  • Internet Banking and Bill Pay

IRA Flex Account

  • Minimum opening balance: $100
  • No monthly fee
  • No minimum monthly balance required.
  • Interest will be credited on tiered balances, is accrued daily and credited monthly.
  • IRAs may be subject to IRS penalties for early withdrawal.
  • Transactions must be made in person or by mail with an original signature.

Access the FDIC’s Electronic Deposit Insurance Estimator (EDIE) and use the interactive application that will help you learn about deposit insurance and calculate the insurance coverage of your accounts.