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Statement Savings Personal

A basic savings account, where your money works for you.

The Statement savings account offers the following:

  • Interest bearing account
  • Monthly statement

Recommended if you:

  • Have $100 or more to invest, or cannot commit your funds for a specific amount of time
  • Want to separate your excess funds from those you keep in your checking account for day-to-day business expenses
  • Are saving for a large purchase
  • Want to earn interest and do not need check access

Benefits

  • Offers maximum liquidity.
  • Earn interest on your money
  • Unlimited use of TeleBank and/or Online Banking, which makes it easy to transfer funds to checking account for check access

Important Facts

  • Minimum to open: $100
  • Can make up to two withdrawals per statement cycle before a fee is incurred.
  • Monthly statements
  • Interest compounded and paid monthly

Fees

  • Monthly maintenance fee: $1, if average daily collected balance falls below $100
  • Withdrawal fee: $2 each after two per statement cycle



Savings | Statement Savings | Money Market Account |
Money Market Max Account
| Christmas Club Account |

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