$100 minimum opening deposit required for all savings accounts; $500 minimum required for CDs.
1 Interest will be compounded and paid monthly based on the daily collected balance. Please refer to our deposit account rates for current rate information on our interest bearing accounts. At our discretion, interest may change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of checks.
2 See separate miscellaneous fee schedule for other charges that may apply to these accounts.
3 Transfers from a savings account to another account or to third parties by pre-authorized automatic or telephone transfers are limited by Federal regulation to six per statement cycle. No more than six withdrawals are allowed per month.
4 There may be a penalty for early withdrawal of CD funds.
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.