Banking Services


Your Accounts


Regular Checking

Description:
*A Basic Checking Account

Requirements:
*$10.00 Minimum Balance to Open

Benefits:
*Check images returned in your monthly statements
*Annual Fee ATM or Debit card available
*Accounts having a balance of $300 or more will not incur a monthly maintenance fee.

Cost:
*$5 per month if your minimum daily balance is less than $300
*Activity fee of $.05 per paper debit for each debit after the first 12 debits, if your balance
falls below $300.00.

 

Now Checking

Description:
*A checking account that pays interest

Requirements:
*Minimum Balance to Open Account and to Earn Interest- $1000.00  

Benefits:
*Interest earned on average daily balance if over $1000.00, Minimum Balance to Earn Interest  - $1000.00
*Check images returned with your monthly statement
*ATM or Debit card available
*Activity fee waived with a minimum average collected balance of $1000.00.

Cost:
*$5.00 fee will be assessed every statement cycle unless you maintain an average
collected balance of $1000.00.
*$.15 per debit activity fee will be assessed every statement cycle unless you maintain an average collected balance of $1000.00.
Interest rates may change at any time at the discretion of the bank.

AdvantAge 55 Checking

Description: 
*A checking account for persons 55 and older that pays interest

Requirements:
*Must be at least 55 years old to open an account

Benefits:
*No minimum balance required to open the account
*Interest earned based on the required minimum average collected balance of $1000.00
*Check images returned with your monthly statement
* Free ATM or Debit card available (Annual fee and replacement fee for lost cards assessed.)
*Free checks (large selection of AdvantAge 55 Checks available to choose from)
*Free money orders
*Free photo copies
*Free faxes
*Reduced price on our Travelers Money Cards
*Unlimited number of checks written per month

Cost:
*Initial fees waived.

Student Checking

Description:
*A basic checking account for high school and college students

Requirements:
*No Minimum Balance to Open Account

Benefits:
*Check images returned with your monthly statement
*ATM or Debit card available
*Unlimited number of checks written per month

Cost:
*$5.00 monthly maintenance fee when account balance drops below $50.00

 

Money Market Account

Description:
*Interest bearing account allowing limited withdrawals

Requirements:
*Minimum Balance to Open Account - $1000.00
*Transactions are limited to six debits per month.

Benefits:
*Attractive Interest rates earned based on the required minimum daily balance of $1000.00.
*Check images returned with your monthly statement

Cost:
*A monthly maintenance fee of $5.00 will be assessed every statement cycle the average collected balance drops below $1000.00.
*An activity fee of $3.00/debit transaction will be assessed for each transaction over the maximum of the six allowed.
*Interest rates may change at any time at the discretion of the bank.

 

Passbook Savings Accounts

Description:
*An account that earns interest

Requirements:
*$10 Minimum Balance to Open Account
*Debits from this account are limited to six per month.

Benefits:
*Interest is paid quarterly
*ATM Card available

Cost:
*An activity fee of $2.00 per transaction is assessed for each debit in excess of six debits per month.
*Interest rates may change at any time at the discretion of the bank.

Health Savings Account

Description:
*A tax-exempt savings account that allows you to accumulate savings tax free to pay for qualified medical expenses.

Requirements:
*You must be enrolled in a qualifying High Deductible Health Plan to open a Health Savings Account.
*No Minimum Balance to Open Account

Benefits:
*Traditional check writing convenience for qualified medical expenses
*Monthly bank statements with images
*Earn interest on your HSA account. Interest is credited to your account monthly.
*Free IRS reporting of your contributions and distributions
*Balances held in a HSA will automatically roll over from year to year.

 

Business Banking

Business Checking Account

Description:
* A Basic Checking Account

Requirements:
*No Minimum Balance to Open

Benefits:
*Check images returned in your monthly statements
*ATM or Debit card available
*Accounts having a balance of $300 or more will not incur a monthly service charge.

Cost:
*$5 per month if your minimum daily balance is $299.99 or less
*Activity fee of $.05 per paper debit for each check after the first 12 debits if balance falls
below $300.00.


Certificates of Deposit

Description:
*We offer CDs with varying maturities ranging from 3 to 60 months.
*Come in and inquire about our rates on any of the above termed CDs.

Benefits:
*You can receive your interest by check, have it deposited into any of your deposit accounts or have the interest deposited back into the CD.

Cost:
*A penalty may be imposed for early withdrawal.


Individual Retirement Arrangements (IRAs)

Description:
*An account to supplement other pension plans or social security income you anticipate in retirement.

Requirements:
* Traditional IRAs –If you are under 70 ½ and have earned income from employment, up
to a maximum contribution of $4000.00. There is no minimum contribution in any year.
*Roth IRAs – Individuals may contribute up to $4000 per year if their modified adjusted
gross income (MAGI) is less the $110,000.

Benefits:
*Traditional IRAs – Eligible savers may enjoy tax benefits during their income-
producing years with a Traditional IRA, which is taxed at the then-current tax rate
upon withdrawal.
* Roth IRAs – Are funded with after-tax dollars but grows and is distributed tax-free for
qualified savers.

Cost:
*$25.00 fee to close or transfer an IRA account.


Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes interest on Lawyers Trust Accounts("IOLTAs").  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.