personal banking
Personal Regular Checking
- Minimum deposit to open: $250
- Minimum average balance requirement: $600
- Fees if average balance not met: $5 monthly service charge + $.20 per check over 20 per month
- ATM accessible
- Monthly check image statement
- No monthly service charge or check fee for persons over 65 or enrolled student
Super Now Checking
- Minimum deposit to open: $2,500
- Minimum average balance requirement: $2,500
- Fees if average balance not met: $5 monthly service charge + $.20 per check over 20 per month
- No interest paid if balance falls below $2500
- ATM accessible
- Monthly check image statement
Statement Savings Account
- Minimum deposit to open: $25
- No monthly service charge
- Interest compounded and paid quarterly
- Three free withdrawals per month, $1 per withdrawal thereafter
- ATM accessible
- Quarterly statement or monthly if electronic activity
Certificates of Deposit
- Receive guaranteed earnings and attractive yields
- Maturities from 3 to 12 months
- Minimum deposit to open as low as $1000
- Penalty for early withdrawal
Traditional IRA
- Minimum deposit to open: $25
- Additional deposits of any amount
- Funds tax deferred until withdrawn
- May be eligible as tax deduction
- Minimum distribution required after 70½
- Penalty for early withdrawal is less the 59½ years of age
- Separate FDIC Insurance up to $250,000
Roth IRA
- Minimum deposit to open: $25
- Additional deposits of any amount
- Can make contributions after 70½ with earned income
- Not required to take minimum distribution at 70½
- Penalty for early withdrawal if less than 59½ years of age
- Separate FDIC Insurance up to $250,000