Banking Services

Available Services:
Checking Accounts Savings Accounts CDs and IRAs
 

Checking Accounts

VIP NOW Account*

Requirements for this checking account include a deposit of $1,000 to open and you must maintain a minimum daily balance of $1,000 in the account.  The interest rate and annual percentage yield for this account may change.  Interest on your account will be compounded monthly and will be credited to your account monthly as well.  It can be withdrawn when credited.  At our discretion, we may change the interest rate on your account at any time.  Interest begins to accrue on the business day you deposit non cash items (for example, checks).  V.I.P. dues are $9/month.  After 5 days, an overdrawn account will be charged $3/day.  This account also offers accidental death insurance**, free personalized checks, and all other benefits advertised in our brochures.

**Insurance products:

  • Not a deposit
  • Not FDIC-insured
  • Not insured by any federal government agency
  • Not guaranteed by the bank
  • May go down in value

Regular Demand Deposit Account (DDA)

A minimum balance fee of $6 will be imposed every statement cycle if the daily balance of the account falls below $600 any day of the statement cycle.  You may avoid the $6 service charge per month if you maintain a daily balance of at least $600.  Additionally, we will charge $0.25 for each transaction beyond the first 50 transactions per month.

*Requirements for this checking account include a minimum deposit of $250.00 to open.

VIP Club Account*

V.I.P. dues are $9 per month.  After 5 days, an overdrawn account will be charged $3 per day.  This account offers accidental death insurance**, free personalized checks, and all other benefits advertised in our brochures.

*Requirements for this checking account include a minimum deposit of $250.00 to open.

**Insurance products:

  • Not a deposit
  • Not FDIC-insured
  • Not insured by any federal government agency
  • Not guaranteed by the bank
  • May go down in value

NOW Account

Requirements for this checking account include a deposit of $1,000 to open and you must maintain a minimum daily balance of $1,000 in the account.  The interest rate and annual percentage yield for this account may change. Interest on your account will be compounded monthly and will be credited to your account monthly as well.  It can be withdrawn when credited.  At our discretion, we may change the interest rate on your account at any time.  Interest begins to accrue on the business day you deposit non cash items.  A minimum balance fee of $6 will be imposed every statement cycle if the daily balance of the account falls below $1,000 any day of the statement cycle.  You may avoid the $6 service charge per month if you maintain a daily balance of at least $1,000.  Additionally, we will charge $0.25 for each check and/or debit beyond the first 50 per month.

Budget Checking Account

Requirements are a minimum of $250 to open a budget checking account.  There is a monthly maintenance fee of $2.  Additionally, we will charge $0.25 for each transaction beyond the first 5 transactions per month.

Hi-Fi Money Market Checking Account

Requirements for this checking account include a deposit of $2,500 to open and you must maintain a minimum daily balance of $2,500 in the account each day to obtain the annual percentage yield.  The interest rate and annual percentage yield for your account may change.  Interest on your account will be compounded monthly and will be credited to your account monthly as well.  At our discretion, we may change the interest rate on your account at any time. Interest begins to accrue on the next business day on your non-cash items.  A minimum balance fee of $6 will be imposed every statement cycle if the daily balance of the account falls below $2,500 any day of the statement cycle.  With the exception of loan payments to us, you may not make more than six (6) preauthorized, automatic, or telephone transfers (including telephone banking and bill pay, internet banking and bill pay, and PC banking payments and transfers) each month.  Any transaction that exceeds this will be charged $5 each.  After 5 days, an overdrawn account will be charged $3 per day.

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Savings Accounts

Passbook Savings Account

Requirements for this account include a deposit of $100 to open.  Interest on the account will be compounded and credited to your account quarterly.  At our discretion, we may change the interest rate on your account at any time.  Interest begins to accrue on the next business day on your non-cash items.  You may make 3 debits from your account each 4 week period.  A fee of $1 will be imposed for each subsequent debit.

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CDs and IRAs

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Certificates of Deposit (CDs)

Our CDs vary from 3 months to 4 years.  The Interest rate on CDs will vary accordingly.  Please come by to speak with a teller to get more information on our CDs.

Individual Retirement Accounts (IRAs)

Our IRAs vary from 12 months to 3 years.  The interest rate on IRAs will vary accordingly.  Please come by to speak with a teller to get more information on our IRAs.

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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 checing 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.

NOTICE: This bank is not responsible for and has no control over the subject matter, content, information, or graphics of the web sites that have links here. The bank is not responsible for the content. Please contact us with any concerns or comments.