Personal Banking

Personal Banking – Checking

	Minimum Opening Deposit	Monthly Service Charge	Balance to Waive Service Charge	Interest Bearing
Value Checking	$25.00	$0.00	NA	No
Interest Checking	$100.00	$9.99	$1,000.00	Yes, Variable Rate

Value Checking Features:

A $25 deposit is required to open this account.
No monthly maintenance fee.
This account does not earn interest.
This account has check imaging and monthly statements.
A Visa debit/check card is available for this account.
Internet banking and bill payment are available for this account.

To obtain more information about this account or any other deposit account, you can submit our convenient Deposit Account Inquiry Form, or you can contact our Office using our toll-free telephone number 1-877-788-3520.

Interest Checking Features:

A $100 deposit is required to open this account.
This account earns interest.
The interest rate and annual percentage yield (APY) are variable and may change after you open the account.
At our discretion, we may change the interest rates on your account at any time.
Interest will be compounded and credited monthly.
If you close your account before interest is credited, you will not receive the accrued interest.
Interest is earned on the daily balance method.
Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items.
The annual percentage yield (APY) disclosed on the deposit rate sheet is based upon a balance of $100.
This account has check imaging and monthly statements.
A Visa debit/check card is available for this account.
A monthly maintenance fee of $9.99 will be charged when the average daily balance for a statement cycle falls below $1,000. This fee will be waived for accounts with direct deposit.
Internet banking and bill payment are available for this account.
We have the right to require seven (7) days prior written notice from you of your intent to withdraw any funds from your account.

Personal Banking – Savings

	Minimum Opening Deposit	Monthly Service Charge	Balance to Waive Service Charge	Interest Bearing
Money Market	$1,000.00	$10.00	$1,000.00	Yes, Variable Rate
Savings	$25.00	N/A	N/A	Yes, Variable Rate
Certificates of Deposit	$500.00	N/A	N/A	Yes, Fixed Rate
Jumbo Certificates of Deposit	$100,000.00	N/A	N/A	Yes, Fixed Rate
Individual Retirement Account	$500.00	N/A	N/A	Yes, Fixed Rate

Money Market Features:

A $1,000 deposit is required to open this account.
This account earns interest.
The interest rates and annual percentage yields (APYs) are variable and may change after you open the account.
At our discretion, we may change the interest rates on your account at any time.
Interest will be compounded and credited monthly.
If you close your account before interest is credited, you will not receive the accrued interest.
Interest is earned on the daily balance method.
Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items.
This account has five interest rate tiers and the interest rates and annual percentage yields (APYs) are tiered by the following balances:
$0.01 to $9,999.99
$10,000.00 to $24,999.99
$25,000.00 to $49,999.99
$50,000.00 to $99,999.99
$100,000.00 and over
The annual percentage yields (APYs) disclosed on the deposit rate sheet are based upon the interest rates and balances for each tier.
This account has check imaging and monthly statements.
A Visa debit/check card is available for this account.
A monthly maintenance fee of $10.00 will be charged when the average daily balance for a statement cycle falls below $1,000.
Transfers from this account or to third parties by pre-authorized, automatic or telephone transfers and by check, draft, or similar order to third parties are limited to six (6) per statement cycle.
An excessive transfer charge of $15.00 will be charged for each transfer in excess of six (6) during a statement cycle.
Internet banking and bill payment are available for this account.
We have the right to require seven (7) days prior written notice from you of your intent to withdraw any funds from your account.

Savings Features:

A $25 deposit is required to open this account.
This account earns interest.
The APY disclosed on the deposit rate sheet is based upon a balance of $100.
The interest rate and annual percentage yield (APY) are variable and may change after you open the account.
At our discretion, we may change the interest rate on your account at any time.
Interest will be compounded and credited quarterly.
If you close your account before interest is credited, you will not receive the accrued interest.
Interest is earned on the daily balance method.
Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items.
A Visa debit/check card is available for this account.
Transfers from this account or to third parties by pre-authorized, automatic or telephone transfers are limited to six (6) per month with no transfers by check, draft, or similar order to third parties.
A transfer charge of $1.00 will be charged for each withdrawal or transfer in excess of three (3) that occurs during each month.
Internet banking and bill payment are available for this account.
We have the right to require seven (7) days prior written notice from you of your intent to withdraw any funds from your account.

Certificates of Deposit Features:

Three Month CD –

$500 to open CD account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $500.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 3 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

Six Month CD –

$500 to open CD account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $500.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 3 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

One Year CD –

$500 to open CD account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $500.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 6 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

Two to Five Year CD –

$500 to open CD account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $500.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 12 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

Jumbo Certificates of Deposit Features:

Three and Six Month Jumbo CD –

$100,000 to open Jumbo CD account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $100,000.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 3 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

One Year Jumbo CD –

$100,000 to open Jumbo CD account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $100,000.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 6 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

Two to Five Year Jumbo CD –

$100,000 to open Jumbo CD account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $100,000.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 12 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

Individual Retirement Account (IRA) Features:

Three Month IRA –

$500 to open IRA account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $500.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 3 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

Six Month IRA –

$500 to open IRA account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $500.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 3 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

One Year IRA –

$500 to open IRA account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $500.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 6 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.

Two to Five Year IRA –

$500 to open IRA account.
Fixed Interest Rate.
Interest will be compounded and credited monthly.
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest begins to accrue on the business day you deposit non-cash items, i.e. checks
The interest rate and annual percentage yield (APY) disclosed on the deposit rate sheet is based on a balance of $500.
The disclosed annual percentage yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
A withdrawal of funds before maturity may be subject to an early withdrawal penalty. The penalty will be equal to seven days of interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit and 12 months of interest on the amount withdrawn if the withdrawal is made after the first six days and before maturity.
There are certain circumstances where we will waive the early withdrawal penalty, such as death or incompetence of an owner.
You may not make any deposits into your account until maturity.
Account will automatically renew at maturity. You will have ten days after the maturity date to withdraw funds without penalty.
Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term.