Savings and Club Accounts

Christmas Account

It is an excellent way to save for your Christmas holidays. Some of the options available with this account are:

• Must deposit $25.00 to open this account.
• The amount you open the account with is the amount you agree to deposit every month.
• You must be enrolled and the first payment made by May 15, with the last payment due by October 31.
• Additional payments may be made so long as the maximum balance in the account does not exceed $3,000.00.
• Principal and interest is paid by check at maturity, which is November 15.
• If you close the account before the maturity date, all accrued interest will be forfeited.  You may not make withdrawals from this account until the maturity date.

Frontier Accounts

This account is a monthly saving plan that requires monthly electronic deposits and restricts withdrawals in return for a higher interest rate. It is an excellent way to save for the long term.

• Must deposit $100.00 to open this account.
• One electronic deposit per month is required, but additional deposits may be made.
• Withdrawals are allowed for transfers to a CD or an IRA account only.

Savings Account

A savings account which allows up to six pre-authorized transfers per month. Interest is paid semi-annually on June 30 and December 31.

• $100.00 minimum to open this account.
• No monthly maintenance fees.
• Excess withdrawal fee of $1.00 each over 20 withdrawals per statement cycle.

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