Savings Accounts

  CSB Savings IRA Savings

Coverdell Education Savings

Health Savings Account Christmas Savings
Features Basic Savings Account A Safe & Easy Way to Save For Retirement A Safe & Easy Way To Save For College Tax-Advantaged Way To Pay Medical Expenses The Easy Way To Save For Holiday Shopping
Amount To Open $10 $200 $200 $100 $10
Interest Earned Yes Yes Yes Yes Yes
Interest Calculation Interest Calculated Daily.  Interest Compounded Quarterly. Interest Calculated Daily.  Interest Compounded Quarterly. Interest Calculated Daily.  Interest Compounded Quarterly. Interest Calculated Daily.  Interest Compounded Quarterly. Simple Interest Calculated Daily & Paid Annually.
Monthly Maintenance Charge $1 No No $3 No
Maintenance Charge Waived Maintain Minimum Daily Balance of $100 N/A N/A No N/A
Savings Overdraft Transfers N/A N/A N/A N/A N/A
Other Features

Monthly Maintenance Fee Waived For Account Holders 17 Years of Age & Younger.

Maximum of six debit transactions per cycle.  $5 fee will be applied to all debit transactions in excess of six.

 $25 Close-Out Fee.

May also use CD’s in the plan.

   

Interest & Principal Balance Paid Annually In October.

Interest is forfeited for early withdrawal.