Savings Accounts
We make it easy to get into the habit of setting aside money. With a little help from one of our many savings account options, you’ll have money for the future or simply a rainy day.
Regular Savings Account
Get started saving money with this regular savings plan.
- Minimum opening deposit - $250
- No quarterly service charge when maintaining a balance greater than $250
- $5 quarterly service charge with balance less than $250
- Interest paid quarterly
- Accrued interest is forfeited if account is closed before interest is paid
- Statements mailed quarterly
- Unlimited deposits
- Make up to ten withdrawals per quarter at no charge
- $3.00 service fee per transaction after ten withdrawals per quarter
Select Gold Savings Account
Designed to complement our Select Gold Checking account, this savings plan is for our customers age 50 or better, featuring all the benefits of our Regular Savings account with an even higher rate of interest.
- Minimum opening deposit - $100
- No quarterly service charge when maintaining a balance greater than $250
- $5 quarterly service charge with balance less than $250
- Interest paid quarterly
- Accrued interest is forfeited if account is closed before interest is paid
- Statements mailed quarterly
- Unlimited deposits
- Make up to ten withdrawals per quarter at no charge
- $3.00 service fee per transaction after ten withdrawals per quarter
Christmas Club Account
With automatic deposits, this account takes the stress out of saving money for the festive holiday season.
- Minimum opening deposit - $10
- Interest paid at maturity
- Fee assessed when account is closed prior to maturity
- $3.00 service fee per transaction after ten withdrawals per quarter
Piggy Bank Savings Account
Designed just for kids up to age 15, this account teaches children the importance of saving money while making it fun and easy.
- No minimum opening deposit
- No monthly service charge
- Statements mailed quarterly
- No interest penalty for withdrawal
- Interest paid quarterly
- $3.00 service fee per transaction after ten withdrawals per quarter
Certificate of Deposit
FDIC-insured, a CD offers a smart and convenient way to save. Your investment is easily converted into cash at the end of the term you select, available from 91 days to five years.- Minimum opening deposit - $1,000
- Federal regulations require a penalty for early withdrawal
Individual Retirement Account
We offer a variety of IRA investing plans – from traditional to self-directed IRAs. Please talk with us about which type of IRA best suits your investment needs and goals.
Traditional IRA
Traditional lRAs let you invest pretax dollars, providing possible tax benefits throughout your income-producing years.
- Interest earnings are not taken until withdrawal
Self-Directed IRA
Offering greater flexibility, a self-directed IRA lets you decide your own level of interest yield and risk tolerance. Direct your funds to be invested in stocks, bonds, government securities, mutual funds, money market funds and certain U.S.-issued gold and silver coins.
- Interest earnings are not taken until withdrawal
Simplified Employee Pension (SEP) Plans
A SEP is an easy, low-cost retirement plan for employers. Rather than opening a separate retirement plan, an employer makes contributions to the employees’ IRAs.
- Deposit limits apply
- May require contribution for other employees of contributor
- Annual statements of balances and transactions
Roth IRA
Roth IRAs, while not tax-deductible, allow you to make qualified, tax-free distributions.
- Tax-free withdrawals for individuals at least age 59 1/2, or for death or disability (account must be at least five years old)
- Withdrawals prior to age 59 1/2 may be tax- and penalty-free for qualified purposes such as a first home purchase
Education IRA
Education IRAs let parents, grandparents or other family members, friends and even children contribute towards the child’s education.
- For individuals under age 18
- Tax-free withdrawals for qualified education expenses
- Parents may deposit $2,000 annually per child for college
- Money may be transferred to another family member for college
- Unused money may be taxed and is subject to a 10% penalty
All checking accounts, savings accounts and certificates of deposit are insured for the maximum amount allowed by the Federal Deposit Insurance Corporation (FDIC).
