Savings Accounts:

A. Passbook Savings

1. Interest compounded and credited quarterly
2. Statements quarterly
3. Telephone and automatic transfers
4. Interest rate can change at any time

B. Money Market Deposit Account

1. Minimum balance of $2,500
2. No more than six (6) transactions per month
3. Interest rate varies; can change at any time
4. Interest compounded and credited monthly
5. Monthly statement of activities

To help the government fight the funding of terrorism and money laundering activities, Federal law required all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we ask for you name, address, date of birth, and other information that will allow us to identify you. We may also ask to see a driver's license or other identifying documents.