Personal Banking

Savings Accounts

YOUNG CITIZENS SAVINGS

  • Available only to Individuals age 18 and younger
  • Establishes an account relationship
  • Withdrawal restrictions apply
  • Deposits may be made at any time
  • Quarterly statements
  • Minimum deposit to open account
  • Minimum balance requirement to earn interest

REGULAR SAVINGS

  • Establishes an account relationship
  • Deposits may be made at any time in any amount
  • Withdrawal restrictions apply
  • Quarterly statements
  • Minimum deposit to open account
  • Minimum balance requirement to earn interest and avoid service charge fees

CERTIFICATES OF DEPOSIT

  • Higher rate of interest
  • Maturity date selected by customer
  • Automatically renewable
  • Guaranteed rate until maturity

INDIVIDUAL RETIREMENT ACCOUNTS (IRA's)

  • Tax deferred interest
  • FDIC insured up to $250,000
  • Lower tax bracket at retirement
  • No minimum age limit
  • Contributions may be claimed as credits against federal income tax liability as allowed by IRS