Savings Accounts
- Summary
Whether you're setting aside funds in case of an unexpected need or saving up for a highly anticipated vacation, your savings account should be hassle-free.
Statement Savings accounts receive monthly statements, which are also available in paperless format online. Passbook Savings is an option for depositors with infrequent transactions, where records are kept in a passbook held by the customer.
Transfers from a Savings account to another account or third parties by preauthorized, automatic, or telephone transfer are limited to six per monthly statement cycle with no transfers by check, draft, debit card, or similar order to third parties.
- Statement Savings
- $2 monthly service fee if balance falls below $100, fee waived for IDA accounts
- No monthly service fee if balance is above $100, fee waived for IDA accounts
- $50 minimum deposit to open, $25 minimum for IDA accounts.
- Interest compounded daily, credited monthly
- Records provided in monthly statement
- E-Statements available
- FDIC insured
Transfers from a Savings account to another account or third parties by preauthorized, automatic, or telephone transfer are limited to six per monthly statement cycle with no transfers by check, draft, debit card, or similar order to third parties.
- Passbook Savings
- $2 quarterly service fee if balance falls below $50
- No quarterly service fee if balance is above $50
- $50 minimum deposit to open
- Interest compounded daily, credited quarterly
- Monthly statements are not provided
- Transactions are recorded in customer's passbook
- FDIC insured
Transfers from a Savings account to another account or third parties by preauthorized, automatic, or telephone transfer are limited to six per monthly statement cycle with no transfers by check, draft, debit card, or similar order to third parties.






