Regular Savings Accounts are a basic
part of the savings and investment plans for many people. They provide
an excellent way to accumulate excess funds or to save for a specific
purpose. Automatic transfers from other accounts into your Regular
Savings account can help you save.
Regular Savings is not a transaction
account. Withdrawals must be made in person by the account holder.
A $1.00 fee is charged for each withdrawal in excess of five
per quarter.
Interest is credited quarterly.
A $100.00 minimum deposit is required
to open an account. A dormant account fee of $2.00 is charged
monthly for accounts that show no activity for 18 months or
longer.