Savings, Money Markets, & CDs

 

Whether it’s a new car or dream vacation that you are saving for, we have options that will help your savings grow!

 

All our savings accounts offer:

  • Online Banking
  • Mobile Banking & Mobile Check Deposit
  • Telephone Banking

 

Select the account that best suits your needs:

 

  • Earns a competitive rate of interest
  • Tiered rates of interest
  • Monthly maintenance fee is waived if:
    • average daily balance is $500 or more during statement cycle.
    • depositor is under the age of 18, over age 50 or students under the age of 22.

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  • Earn a competitive rate of interest
  • Write up to six checks per month
  • Monthly maintenance fee is waived if:
    • average daily balance is $2,500 or more during statement cycle.

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  • Terms from 91 days to 5 years
  • Tiered rates of interest
  • Interest rate guaranteed until account maturity
  • Automatically renewable

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HSAs enable you to pay for current health expenses and save for future qualified medical and retiree health expenses on a tax-free basis.

 

  • Available to any adult who is covered by a high-deductible health plan (and has no other first-dollar coverage)
  • Amounts contributed to an HSA belong to the account holder and are completely portable
  • Funds in the account can grow tax-free through investment earnings, just like an IRA
  • Tax-advantaged contributions can be made in three ways:
    • The individual or family can make tax deductible contributions to the HSA even if they do not itemize deductions;
    • The individual’s employer can make contributions that are not taxed to either the employer or the employee
    • Employers sponsoring cafeteria plans can allow employees to contribute untaxed salary through salary reduction.
  • Individuals age 55 and older are allowed to make additional catch-up contributions
  • Funds distributed from the HSA are not taxed if they are used to pay qualified medical expenses.
  • Unlike Flexible Spending Arrangements that are forfeited if not used by the end of the year, unused funds remain available for use in later years.
  • Click here to learn more about the basics of HSAs.

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