Deposit Accounts

Demand Deposit Accounts *

Checking accounts to handle everyday transactions.

Features

  • Minimum opening deposit required.
  • Minimum monthly average balance required.
  • Online statements.

*All funds in a noninterest-bearing transaction accounts are insured in full by the Federal Deposit Insurance Corporation (FDIC) from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules

Money Market Account

Checking account with competitive interest rates. You may make an unlimited number of deposit transactions and money transfers within this institution in person to the same depositor.

Features

  • Interest accrues daily based on the rates offered by the Bank and deposited monthly.
  • Minimum opening deposit $10,000.00.
  • Minimum monthly average balance required.
  • Flexible CDs are available (allow to withdraw up to 50% of balance with no penalty).
  • Online statements.
  • Limit of six (6) permissible monthly number of transfers or withdrawals from savings deposits by check, debit card or other drafts to third parties.

Premium Money Market Account

Checking account with premium interest rates for deposits with average monthly balances over $100,000.00. You may make an unlimited number of deposit transactions and money transfers within this institution in person to the same depositor.

Features

  • Interest accrues daily based on rates offered by the Bank and deposited monthly.
  • Online statements
  • Minimum opening deposit required.
  • Minimum monthly average balance required.
  • Limit of six (6) permissible monthly number of transfers or withdrawals from savings deposits by check, debit card or other drafts to third parties.

Time Deposits

Guarantees a competitive rate of return for an established period of time.

Features

  • Interest accrues daily based on the rates offered by the Bank. A penalty will be applied to any CD canceled before the maturity date.
  • Flexible CDs are available.
  • Online statements.

DISCLOSURE

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.