Personal Savings Comparison Chart

You may click on any account type for more information.

                      

 

Regular Savings

 

Money Market Deposit Account

Maximum Yield Money Market

Certificate of Deposit

Wealth 101
Savings

 

My First Million

Minimum to Open

$100

$1,000

$15,000

As little as $500*

$50

$5

Minimum Balance

$100 to earn interest

$1,000 to earn
interest

$15,000 to earn
interest

As little as $500*
to earn interest

$50 to earn interest

$5 to earn interest

Limitations

Allowed 6 transfers per monthly statement cycle.

To avoid a fee, withdrawals are limited to 3 per month.

Allowed 6 transfers per monthly statement cycle.

Withdrawals in person are unlimited.

Allowed 6 transfers per monthly statement cycle.

Withdrawals in person are unlimited.

No

Age 13-17
Allowed 6 transfers per monthly statement cycle.

To avoid a fee, withdrawals are limited to 3 per month.

Age 0-12
Allowed 6 transfers per monthly statement cycle.

To avoid a fee, withdrawals are limited to 3 per month.

 Statements

Quarterly or  monthly if there
are electronic
deposits or
withdrawals.

Yes

Yes

N/A

 Yes

Quarterly or monthly if there are electronic deposits or withdrawals.

Free Online Banking

Yes

Yes

Yes

N/A

Yes

Yes

Free ATM Card

Yes

Yes

Yes

N/A

With guardian permission

No

E-Statements Available

Yes

Yes

Yes

N/A

Yes

Yes

Interest Bearing

Interest will be credited to the account semi-annually.**

Tiered Interest Rate

Interest will be
credited to the
account monthly.**

Tiered Interest
Rate

Interest will be credited to the account monthly.**

Interest can be compounded, paid by check or deposited
into an account that you designate.**

Interest will be credited to the account quarterly.**

Interest will be credited to the account quarterly.**

Fees

$1 fee for each withdrawal in excess of 3 per month.

$3 monthly fee if balance falls below $100.

$10 per transaction fee in excess of 6 per monthly statement cycle.

$10 monthly fee if balance falls below $1,000.

$15 per transaction fee in excess of 6 per monthly statement cycle.

$15 monthly fee if balance falls below $15,000.

A penalty may be imposed for early withdrawal.

$1 fee for each withdrawal in excess of 3 per month.

$1 fee for each withdrawal in excess of 3 per month.


* Customers age 17 and younger may purchase CDs for as little as $250

** The daily collected balance method is used to calculate interest. This method applies a daily periodic rate to the principal in the account each day. Rate may change weekly. For current rates and listing of any miscellaneous fees or charges that may apply visit one of our locations, call our Customer Service Center at (816)795-9933 or see our Service Fees.