Statement Savings Account
We offer this type of savings account for savers who prefer an automated account to avoid teller lines, prefer a monthly statement, would like to use an ATM in association with the account and do not want to carry a passbook.
A variable rate of interest is paid on deposits; interest accrues daily and is compounded daily.
Current Rates - Effective Wednesday, November 19, 2008
All rates are accurate as of the effective date and are subject to change at any time.
| Min. Balance APY* | Interest Rate | APY* | Compounded |
| $100,000 and above | 1.25% | 1.26% | Daily |
| $50,000-$99,999.99 | 1.20% | 1.21% | Daily |
| $25,000-$49,999.99 | 1.15% | 1.16% | Daily |
| $10,000-$24,999.99 | 1.10% | 1.11% | Daily |
| $.01-$9,999.99 | 1.05% | 1.06% | Daily |
Minimum balance to open this account is $10.00. Maintenance and/or activity fees could reduce earnings.
* APY = Annual Percentage YieldRates are subject to change without notice.
Customers should contact a bank employee for further information concerning fees and terms applicable to the advertised account. All accounts are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and Share Insurance Fund (SIF).
