|
Interest Bearing Accounts |
| |
| Regular Savings |
| A basic savings account which requires a $10 balance to
earn interest. Detailed statement provided semi-annually. Certain withdrawal
restrictions apply. |
| Combined Statement Savings |
| Links savings account to checking account. Allows convenient
transfers and ATM transactions between checking and savings accounts. Combined monthly
statement. |
| Christmas Club Accounts |
| A convenient way to save for holiday spending. Can be opened
individually or in most cases through an employer. Some withdrawal restrictions apply. |
| Hometown Youth Club Account |
| A savings program for the benefit of a minor. Requires a $10 balance
to earn interest. Withdrawal restrictions apply. $10 required to open account. |
| Time Deposits (CD's) |
| A minimum deposit of $500 required to open. CD's are offered
with a variety of rates and terms to fit the investors needs. |
| IRA's |
| An IRA is a special tax deferred retirement savings plan.
A variety of investment options are available for IRA accounts, with fixed or variable
interest rates. |
