PASSBOOK SAVINGS ACCOUNT
$25 opening deposit required
Interest compounded semi-annually
Interest post last day of June and December
Make up to 6 withdrawals a month ($1.00 fee per each withdrawal exceeding this limit and subject to closure)
No service charge by maintaining a daily minimum balance of $25 ($2.00 monthly charge for balances under $25)
Online banking
MONEY MARKET ACCOUNT
$1,000 opening deposit required
Interest compounded monthly
Earn interest at stated APY by maintaining a minimum daily balance of $1,000
Make up to 6 withdrawals a month (Account subject to closure for exceeding this limit)
Online banking
CHRISTMAS CLUB ACCOUNT
$25 opening deposit required
Interest compounded annually
Earn interest at stated APY by maintaining a minimum daily balance of $25
Withdrawals prior to maturity will subject account to closure
Contact local branch for more details.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal deposit Insurance Corporation 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.
The term "noninterest-bearing transaction account" includes a traditional
checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit
www.fdic.gov.
