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Savings Accounts, CDs and IRAs

Options for your long - and short-term goals.

The Tools You Need to Fuel Your Growth

Whether you’re saving for a special event, financial independence, or the unexpected, we have a savings option for you.

Savings Account Options

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Statement Savings 

Only $50 to open and no service fees as long as your balance doesn’t fall below $200.* A basic but smart account with access to all Community Bank account features.

(Limit of 6 transfers per calendar month)

*$2 if balance falls below $200, $5 if balance falls below $50.

Transfers from a Statement Savings account to another account or to third parties by pre-authorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per calendar month.

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Investment Plus Savings

Earn more! Maintain a balance of $10,000*, and you’ll receive a competitive interest rate plus free online banking.

(Limit of 6 transfers per calendar month)

* $10 if balance falls below $10,000.

Transfers from an Investment Plus Savings account to another account or to third parties by pre-authorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per calendar month.

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Money Market

A savings account that works like a checking account. With this account you’ll not only earn interest on deposits of $10,000 and greater, you can write up to 6 checks per statement cycle.

(Limit of 6 transfers per statement cycle) 

Transfers from a Money Market Index account to another account or to third parties by pre-authorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per statement cycle.

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Fixed-Rate CDs

Fixed-Rate CDs require a minimum deposit of $500 to open and earn APY.  And they offer a wide range of terms to choose from. It’s that easy.

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IRA CDs

Retiring soon? IRA CDs may be the best option for you. Our IRA CDs have fixed rates, require a minimum deposit of $500 to open and earn APY, and are available with a variety of terms.

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Health Savings Accounts (HSAs)

This tax-advantaged* account is ideal if you have a high-deductible health plan. It helps you save money and get more control over your healthcare dollars. Flexible and affordable!

*Consult your tax advisor.

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Christmas Club

Make the holidays easier by saving early. Our Christmas Club account only requires a $5 deposit to open. Then deposit between $5 and $20 for 50 consecutive weeks and watch your balance grow!

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Vacation Club

Saving for your dream vacation has never been easier! With a required $5 deposit, open your Vacation Club account today, then deposit between $5 and $20 weekly until the mid-May payout date. Watch your balance grow while you plan your next vacation!

Let’s compare accounts. Which one is right for you?

compare accounts
 Statement SavingsInvestment Plus SavingsMoney MarketFixed-Rate CDsIRA CDsChristmas ClubVacation Club
Annual Percentage Yield (APY) EarnedNo minimum to earn APY$10,000 minimum to earn APY$10,000 minimum to earn APY$500 minimum to earn APY$500 minimum to earn APYNo minimum to earn APYNo minimum to earn APY

Minimum Balance to Open

$50

$10,000$10,000$500$500$5$5
Monthly Service Fee$2 if balance falls below $200, $5 if balance falls below $50$10 if balance falls below $10,000

$10 if balance falls below $10,000

NoneNoneNoneNone
RestrictionsSee withdrawal limitsSee withdrawal limitsSee withdrawal limits91-day to 60-month terms12- to 60- month termsDeposit $5 to $20 for 50 consecutive weeks

Required minimum weekly deposit is $5; maximum weekly deposit is $20

Withdrawal Limits

Limit of 6 transfers per calendar month

Limit of 6 transfers per calendar month

Limit of 6 transfers per statement cycle

Penalty for early withdrawalPenalty for early withdrawalWithdrawals not permitted. $5 fee assessed for early closure.

Withdrawals not permitted until the May payout date, without management approval. If withdrawal is allowed, the account may be closed and assessed a $10 service charge.

 

 

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Earn 1.00% APY* with our Rewards Checking on qualifying balances up to and including $15,000. 

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