Savings, CDs & Money Market Accounts

Savings and CDs


Savings Account***
(Interest Bearing)*
Christmas Club
(Interest Bearing)*
Certificate of
Minimum deposit to open account $100 $5 $1,000
Minimum balance to avoid fees fees $100 NONE NONE
Other fees fees $2 fees NONE NONE
Closing fees fees $5 fees NONE NONE
Interest fees YES fees YES fees YES fees
Statements Monthly fees Annually Options
Debit Card Available N/A N/A

Individual Retirement Account (IRA)

Individual Retirement Account (IRA)

Grow retirement savings with tax-deferred dollars since earnings are not subject to federal income tax until savings are withdrawn.
  • Tailor contributions to your situation
  • Tax deduction
  • Tax-deferred earnings
  • Tax benefits continue after retirement

Roth IRA

  • Allows a maximum non-deductible annual contribution.
  • Roth IRA earnings are tax-free as long as principal and earnings have remained in the IRA for at least five years from the first contribution and the withdrawal is a qualified distribution.

Educational IRA

  • Allows you to begin saving money to help pay higher educational expenses for a child, grandchild, or any young person.


*Interest compounded daily
**Subject to qualifications
***Other restrictions may apply-See Truth in Savings disclosure
Terms & Conditions
Consult your tax advisor

if you have any questions or comments.