Certificate of Deposit
Minimum to open
$500
Fees
Early withdrawal penalties apply
If withdrawn prior to maturity.
Interest Paid
Current EBSC rate paid;
varies with maturity schedule.
Early Withdrawal Penalty
7 to 31 days - 7 days interest
32 to 365 days - one months interest
More than 12 months- three months interest
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Money Market Account
Minimum Balance (to avoid service charges)
$1,000 minimum balance.
Fees
•$8 monthly fee if balance falls below $1,000 minimum
•$5 per item for transactions in excess of three.
Interest Paid
Current EBSC rate when a $500 monthly minimum balance is maintained.
Higher rate when minimum of $1,000 or more or $15,000 or more is
maintained
Additional Benefits
Check imaging is provided with monthly statement.
Minimum to open
$100.00
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Young Savers (18 and younger)
Minimum to Open
$25
Fees
$3 per quarter if balance falls below $25
$1.00 per debit after 3 debits per quarter
Interest Paid
Current EBSC rate accrues daily with quarterly compounding and
crediting.
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Regular Savings (18 and younger)
Minimum to Open
$100
Fees
$3 per quarter if balance falls below $25
$1.00 per debit after 3 debits per quarter
Interest Paid
Current EBSC rate accrues daily with quarterly compounding and
crediting.
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