Statement Savings Account
Account Details
- Minimum opening deposit: $100.00
- Interest will be compounded daily and credited monthly
- Transaction Limitations: Limited*
Account Features
- Debit Card: Free (ATM use only)
- Combined Statements: Free
- Online Banking: Free
Minimum balance to avoid imposition of fees
- A maintenance fee of $5.00 will be imposed every month if the balance in the account falls below $100.00 any day of the month.
Fees
- A maintenance fee of $1.00 will be charged for each withdrawal in excess of six during a month.
*Transfers from a Statement Savings Account to another account or to third parties by preauthorized, automatic, telephone, computer transfer or by similar order are limited to six per monthly statement cycle.
Penny Savers Statement Savings Account
(Customers 17 years of age or younger)
Account Details
- Minimum opening deposit: $25.00
- Interest will be compounded daily and credited monthly
- Minimum balance to obtain the annual percentage yield disclosed: None
- Monthly Maintenance Fee: None
- Transaction Limitations: Limited*
Account Features
- Combined Statements: Free
- Online Banking: Free
*Transfers from a Statement Savings Account to another account or to third parties by preauthorized, automatic, telephone, computer transfer or by similar order are limited to six per monthly statement cycle.
Holiday Savings Club Account
Account Details
- Minimum opening deposit: $0
- Minimum balance: $0
- Interest will be compounded and credited annually
- Account balance will be paid by check on November 1st every year
- Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks)
- $10.00 early closure fee if account is closed prior to November 1st
- Partial withdrawals are not permitted
- If you close your account before interest is credited, you will not receive accrued interest.
Sterling Money Market Account
Account Details
- Minimum opening deposit: $100.00
- Interest will be compounded daily and credited monthly
- Transaction Limitations: Limited*
Account Features
- Check Imaging: Free
- Combined Statements: Free
- Online Banking and Bill Payment: Free
Fees
- A maintenance fee of $5.00 will be charged for each transaction in excess of six per monthly statement cycle.
* Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, telephone, computer transfer or by check, draft or similar order are limited to six per monthly statement cycle.