| Definition
of Terms
Regular
Share Savings:
Earns a daily dividend, paid monthly
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Escrow
Savings:
Earns a daily dividend, paid
monthly
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Christmas
Club:
Earns a daily dividend, paid
monthly.
Does not have to be completed to earn a dividend.
Withdrawals can be made throughout the year
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Money
Management Account:
This tiered savings account
offers greater flexibility with your savings and you may
earn a greater return on your deposits.
Deposits of any amount can be made at any time.
Dividends are computed daily, compounded monthly
and paid monthly.
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Certificates
of Deposit:
Various fixed term CD's are
available.
Most CD's require a $500 minimum balance.
Special promotional CD's may require a greater
minimum deposit.
Dividends paid monthly to CD unless specified.
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IRA
Accounts:
Various IRA accounts are
available. With an IRA open deposit account you make
deposits at your own frequency.
CD's are available for fixed terms at a minimum of
$500.
Dividends are paid quarterly.
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Share
Draft Accounts:
No minimum balance or monthly
service charge on checking accounts.
Dividends are paid on a minimum balance.
Overdraft protection is available.
Monthly statements issued with detailed account
information. Re-order
checks here
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Other Terms:
Fees could
reduce the earnings on the account.
A penalty
will or may be imposed for early withdrawal. Top
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