Savings

Savings is the basic foundation for beginning and seasoned investors. As your savings grow, so do your opportunities to move your money into higher-interest bearing accounts.

Regular Savings

* No monthly maintenance fees with balances $100 and above

* Opening deposit $100 minimum

* Up to 6 withdrawals a month

Youth Savings

* Free for children under 18

* No services charges

* Opening deposit $25 minimum

* Up to 6 withdrawals a month

Prime Advantage Insured Money Market Account

* No monthly maintenance fees with balances of $1000 or more

* Up to six withdrawals per month free of charge (3 can be by check, draft, or debit card)

* Opening deposit $1000 minimum

Indexed Money Market Account

* No monthly maintenance fees with balances of $2500 or more

* Up to six withdrawals per month free of charge (3 can be by check, draft, or debit card)

* Opening deposit $10,000 minimum

Certificates of Deposit

* Terms range between 7 to 364 days, or 12 to 83 months

* A minimum deposit of $1000 is required with terms less than 12 months

* A minimum deposit of $500 is required with terms 12 months or longer

* No additional principal deposit can be made during the term of the certificate

* No monthly maintenance fee

Individual Retirement Accounts (IRAs)

* Traditional IRAs – Contribute up to $3,000 per person annually (Calculator)

* Roth IRAs – Contribute up to $3,000 per person annually (Calculator)

* Coverdell Education Savings Accounts – Contribute up to $2,000 per year for each child under 18.

Automatic Savings Plans

Schedule automatic transfers from checking to savings or money market accounts.