Regular Savings Accounts:

• $100.00 minimum balance to open.
• $25.00 minimum balance to open for those under the age of 18.
• Transfers from a Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to 6 per statement cycle with no more than 6 by debit card or similar order to third parties.
• Interest will be compounded and credited to the account every quarter.
• Interest rate and annual percentage yield may change at any time. View Rates
• We use the daily balance method to calculate the interest.

Fees: A per debit fee of $.50 will be charged for each withdrawal in excess of 18 during a quarter.

Educational Savings Account

The Education Savings Account (ESA) is a great way to save for a child's future education expenses. Funds can be deposited by any interested party to be used for education expenses, from kindergarten to college and all the way through graduate school. Interest earnings are tax free if the funds are used for certain educational expenses, until the child reaches age 30.

Consult your tax advisor.

Health Savings Account

A Health Savings Account (HSA) was designed for those with high-deductible ($1,200 for individual or $2,400 for family) health plans as long as you are not covered under another type of health plan and are not entitled to benefits under Medicare. It is a tax-exempt trust or custodial account established exclusively for the purpose of paying qualified medical expenses for you and your family.

Consult your tax advisor.
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