Personal Savings Accounts Find Ways to Save

Whether you’re saving for a rainy day or week of sunshine on the beach, for your family’s future or for your retirement, we’ve got the products and the people equipped to advise you.
Statement Savings
- Interest earning (requires $100 min. balance to earn interest).
- Interest compounded daily and credited quarterly on the last business day of the quarter.
Minor Savings
- For children under age 18.
- Interest earning.
- Interest compounded daily and credited quarterly on the last business day of the quarter.
Christmas Club
- Short-term savings account.
Early withdrawals from this account are not permitted. Account automatically closes in mid-October. Check can be mailed or deposited into an account. - Not interest bearing.
Money Market Accounts
- Interest compounded daily and credited monthly.
- Interest rate tiered according to balance. Subject to change.
- Interest paid on the daily balance.
- Minimum deposit required to open account varies based on term of CD.
- Interest compounded daily.
- Penalty for early withdrawal.
- Time Deposits with a fixed interest rate for a specified period.
Traditional IRA
Contributions may qualify as tax deductions in that tax year. Contributions and earnings are tax-deferred until the funds are withdrawn.
- A customer must have an earned income to contribute to the IRA.
- Mandatory distributions begin at age 73.
Roth IRA
- Contributions not tax deductible.
- Earnings grow tax-free.
- Customer must have an earned income to contribute.
- No mandatory distributions.
Simplified Employee Pension (SEP) IRA
- Employers and self-employed individuals eligible.
- Contributions eligible for tax deductions.
Coverdell IRA
- Custodial Education Savings Accounts designed to help families save toward education expenses.
- Contributions are not tax deductible, but earnings are tax deferred.
- Distributions for qualified education expenses are tax free.
*Customers are encouraged to speak with a banker or financial advisor before selecting an IRA or withdrawing IRA funds.
- Customers enrolled in high-deductible health plans are eligible.
- Unspent HSA funds roll over year-to-year. Interest is compounded daily and credited monthly. Checks and debit cards available.
- Contributions are not subject to federal income tax at the time of deposit.
- Customers are encouraged to review the definition of a qualified healthcare expense at www.IRS.gov
- Tax-free withdrawals, provided funds are applied toward eligible healthcare expenses, including deductibles, co-pays, dental, vision and other qualified medical expenses incurred by the account holder, spouse or dependents.*
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HSA card lost or stolen? Call 1-844-853-0195