Statement Savings

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

The Statement Savings 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 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 your checking account

Important Facts:

• Minimum to open: $100
• Can make up to two withdrawals per statement cycle before a fee is incurred
• Can make 6 transfers by preauthorized, automatic, check or draft to third parties
• Monthly statements
• Interest compounded and paid monthly

Fees:

• Withdrawal fee: $2 each after two per statement cycle
• If your average daily collected balance for the statement cycle falls below $200, your account will be subject to a maintenance fee of $3.00

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