From Piggy Banks to Investment-Grade Money Markets
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|Account Features||Traditional||Money Market||Premium Money Market||First Dollars|
|Minimum Balance to Avoid Monthly Fee||$200.00||$2,500.00||$25,000.00||NONE|
|Below Minimum Fee- assessed per statement cycle if balance falls below the above stated amount||$4.00||$10.00||$15.00||NONE|
A great traditional savings account. The account has a low minimum balance requirement of $200. If your balance falls below the minimum any day during the monthly statement cycle, you’ll pay a $4.00 fee for the month.
Money Market Savings
Competitive interest rates that increase as your account balance increases. Maintain a minimum balance of $2500 to avoid a monthly fee. Fall below the minimum balance any day during the monthly statement cycle, and a $10 fee will be assessed at statement time.
Premium Money Market Savings
Investment quality rates for high balances. Maintain a minimum balance of $25,000 to avoid a monthly fee. Fall below the minimum balance any day during the monthly statement cycle, and a $15 fee will be assessed at statement time.
First Dollars Savings
Teach your children or grandchildren the value of saving. No minimum balance and no monthly fees apply until they reach their 18th birthday. Only a $25 deposit required to open this type of account.