Personal Savings & CDs

It's always a good idea to save money. Our savings accounts and competitive rates can help you put away money for a rainy day or for something special you have your eye on. With our online banking services, moving money into a savings account on a regular basis is easy.

Personal Savings Rates

APY: Annual Percentage Yield
Rates effective as of: 4/1/2012
Variable interest rate (after opening, interest rate may change on all variable rate accounts)

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Personal Savings Accounts

* Fees related to these accounts could reduce the earnings on the account.

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Certificate of Deposit (CD) Rates

APY: Annual Percentage Yield
Rates effective as of: 4/1/2012

• Compounding and crediting: Interest will be compounded and credited: 91 day - at maturity; 182 day - semiannually; 1 year - quarterly or annually; 1 1/2 year - 5 year - quarterly
  
• Minimum balance requirements: You must deposit at least $50.00 to open an account.
  
• Minimum balance to obtain the annual percentage yield: You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
  
• Balance computation method: 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.
  
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
  
• Time deposit withdrawal limitations: The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
  
• Early withdrawal penalty: If we consent to a request for a withdrawal that is otherwise not permitted you will have to pay a penalty. The penalty will be an amount equal to: seven days interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit; 91 day term - 30 days interest; 182 day term - 90 days interest; 1 year and over - 180 days interest
  
• Minimum Balance Accounts: We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.  There are certain circumstances, such as death or incompetence of an owner, where we may waive or reduce this penalty.
  
• Additions to account: You may not make any deposits into your account until maturity.
  
• Renewal policy: Your account will automatically renew at maturity. You will have 10 days after the maturity date to withdraw funds without penalty. Your account will not renew if you withdraw the funds on the maturity date or if we receive written notice from you on or before the maturity date of your intention not to renew.
  
• Renewal terms: Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be determined on the maturity date.

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Individual Retirement Account (IRA) Rates

APY: Annual Percentage Yield
Rates effective as of: 4/1/2012

• Compounding and crediting: Interest will be compounded and credited monthly.
  
• Minimum balance requirements: You must deposit at least $50.00 to open an account.
  
• Minimum balance to obtain the annual percentage yield: You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
  
• Balance computation method: 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.
  
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
  
• Time deposit withdrawal limitations: The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
  
• Early withdrawal penalty: If we consent to a request for a withdrawal that is otherwise not permitted you will have to pay a penalty. The penalty will be an amount equal to: seven days interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit; 91 day term - 30 days interest; 182 day term - 90 days interest; 1 year and over - 180 days interest
  
• Minimum Balance Accounts: We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.  There are certain circumstances, such as death or incompetence of an owner, where we may waive or reduce this penalty.
  
• Additions to account: You may not make any deposits into your account until maturity.
  
• Renewal policy: Your account will automatically renew at maturity. You will have 10 days after the maturity date to withdraw funds without penalty. Your account will not renew if you withdraw the funds on the maturity date or if we receive written notice from you on or before the maturity date of your intention not to renew.
  
• Renewal terms: Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be determined on the maturity date.

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Contact a New Account Representative

Contact a New Account Representative at (708) 946-2246, (708) 258-0530 or send a secure email.