Savings Plans

FEATURESStatement SavingsIRA Variable (Individual Retirement Account)IRA Fixed (Individual Retirement Account)Money MarketIRA Money MarketInvestment Money Market
Monthly Service None None None None None None
Minimum Opening Deposit $100 $100 $100 for 5 years, $1,000 for 12 or 24 Month Term and $2,500 for 30 month term $2,500 You must deposit $500 to open this account. $2,500
Minimum Balance Needed to Obtain Annual Percentage Yield (APY) N/A N/A N/A Maintain a minimum balance of $2,500 in the account each day to obtain the disclosed APY. Maintain a minimum balance of $500 in the account each day to obtain the disclosed APY. Maintain a minimum balance of $2,500 in the account each day to obtain the disclosed APY.
Minimum Balance Needed to Avoid Fees A monthly fee of $3 will be imposed every month if the balance in the account falls below $100 any day of the month.  A monthly service charge fee of $3 will be imposed every month if the balance in the account falls below $100 any day of the month. See IRA Rate Sheet A service charge fee of $25 will be imposed every statement cycle if the balance in the account falls below $2,500 any day of the cycle. A service charge fee of $25 will be imposed every statement cycle if the balance in the account falls below $500 any day of the cycle. A service charge fee of $50 will be imposed every statement cycle if the balance in the account falls below $25,000 on any day of the cycle.
Visa Debit Card  N/A  N/A  N/A  N/A  N/A  N/A
Telephone Banking Yes  Yes  N/A  Yes  Yes  Yes
Internet Banking Free  Free  Free  Free  Free  Free
Bill Pay N/A N/A  N/A  N/A  N/A  N/A
Rate Information You will be paid the disclosed interest rate for at least 30 calendar days. We will never decrease this rate unless we first give you at least 30 days notice in writing. Your interest rate and APY may change. You will be paid the disclosed interest rate until first maturity. Your interest rate and APY may change. Your interest rate and APY may change. Your interest rate and APY may change.
Frequency of Rate Changes Quarterly Quarterly  Fixed interest rate for applicable terms We may change the interest rate on your account every month. We may change the interest rate on your account every month. We may change the interest rate on your account every month.
Determination of Rate
At our discretion we may change the interest rate on your account
At our discretion, we may change the interest rate on your account. At our discretion, we may change the interest rate on your account. The interest rate on your account will be related to the 90-day Treasury Bill. The interest rate on your account will be related to the 90-day Treasury Bill plus .50 basis points. The interest rate on your account will be related to the 90-day Treasury Bill rate auctioned the last Tuesday of each preceding month.
Compounding and Crediting Frequency Interest will be compounded every day. Interest will be credited to your account every quarter.  Interest will not be compounded. Interest will be credited to your account every quarter. Interest will not be compounded. Interest will be credited to your account every quarter. Interest will not be compounded. Interest will be credited to your account every month. Interest will not be compounded. Interest will be credited to your account every quarter. Interest will not be compounded. Interest will be credited to your account every month.
Effect of Closing An Account If you close your account before interest is credited, you will not receive the accrued interest. If you close your account before interest is credited, you will not receive the accrued interest.  If you close your account before interest is credited, you will not receive the accrued interest. If you close your account before interest is credited, you will not receive the accrued interest. If you close your account before interest is credited, you will not receive the accrued interest. If you close your account before interest is credited, you will not receive the accrued interest.
Early Withdrawal Penalties  N/A A penalty may be imposed for withdrawals before maturity. The fee we may impose will equal six months interest on the amount withdrawn subject to penalty. A penalty may be imposed for withdrawals before maturity. The fee we may impose will equal six months interest on the amount withdrawn subject to penalty.  N/A  N/A  N/A
Daily 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. 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. 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. 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. 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. We us e 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 no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
"Common Features" fee chart applies. Yes Yes Yes Yes Yes Yes
Transaction Limitations Transfers from a statement savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfers are limited to six per month with no transfers by check, draft, check card or similar order to third parties.     Transactions from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per statement cycle. A per item fee of $10 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six items during a statement cycle. Repeated violations of these limitations will result in the closing of this account.   Transactions from an Investment Money Market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per statement cycle. A per item fee of $10 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six items during a statement cycle. Repeated violations of these limitations will result in the closing of this account.
*Miscellaneous fees may apply