 |
Current Savings Rates
Rates current as of July 1, 2008.
| Savings
Accounts |
Minimum
Balance |
Service
Charges |
%
APY* |
Dividend
Paid |
| Share (savings) Account |
$5.00 |
NONE |
1.00% |
Monthly |
| Share Draft (checking) Account
No minimum balance, no monthly service charges, no limit
on the number of checks you can write, FIFTY free checks to get
you started. |
NONE |
NONE |
NONE |
- - |
| |
| Club
Accounts |
Minimum
Balance |
Service
Charges |
%
APY* |
Dividend
Paid |
Sammie Seal Savers Account
Children's savings program for youngsters age 12 and under.
Points are paid for deposits; prizes can be bought with the
points! |
$5.00 |
NONE |
1.00% |
Monthly |
S.T.A.R.S. Club
Teen's savings program for ages 13-19. Punches are earned
on a card; kids can trade cards for money saving coupons at
local merchants (pizza, music, videos, etc.) |
$5.00 |
NONE |
1.00% |
- - |
| Christmas Club |
$5.00 |
NONE |
1.75% |
Annually |
| Vacation Clubs (Spring
& Summer) |
$5.00 |
NONE |
1.75% |
Annually |
| |
| IRA
Accounts |
Minimum
Balance |
Service
Charges |
%
APY* |
Dividend
Paid |
IRA Savings:
Regular, Roth (conversion & contributory), Coverdell
& SEP |
$5.00 |
NONE |
2.53% |
Monthly |
| |
| Money
Market Account |
Minimum
Balance |
Service
Charges |
%
APY* |
Dividend
Paid |
Minimum withdrawal amount is $250.
If account drops below $2,500 then the dividend rate is
same as common shares at 1.00% APY
|
$2500.00
|
3 withdrawals per month allowed free; then $5.00 fee each
|
2.02%
|
Monthly
|
| |
| Share
Certificates (CD's) |
Minimum
Balance |
Service
Charges |
%
APY* |
Dividend
Paid |
|
6 Month
|
$1,000 |
NONE |
|
At Maturity
NOTE: penalty for early withdrawal of share certificates
is loss of all accrued dividends. |
12 Month |
$1,000 |
NONE |
2.25% |
18 Month |
$1,000 |
NONE |
2.25% |
| 24 Month |
$1,000 |
NONE |
2.50% |
| |
|
|
