This account will have you "decking-the-halls" stress-free. It allows you to set aside spending money for the holidays.
• Minimum to open - $2.00 Minimum – Maximum $200.00.
• Simple interest at the rate in effect on the day that the account is opened and will be that fixed rate for the year, based on a 365-day year using the daily balance method.
• Interest begins to accrue on date of deposit.
• All funds are disbursed by check annually on the last business day of October, and accounts are closed, Interest is credited to the account at this time.
• Withdrawals are not permitted on this account.
• If you close your account before the interest is credited, you will not receive the accrued interest.
• Funding for the entire account at one time is not allowed.
Minimum Weekly Payment $2.00
*APY = Annual Percentage Yield
ALL RATES ARE SUBJECT TO CHANGE DAILY.