• Minimum Balance of $30.00 to open
• Maintenance fee of $5.00 charged per month if the average daily balance falls below $500.  Fee does not apply to seniors 65 or over, minors, students, or customers with direct deposit of payroll checks.

Money Market Account

• Minimum Balance of $2500 to open
• Service charge of $7.00 will be charged if the average daily balance falls below $2500.
• Interest will be compounded and added to the account monthly.
• Transaction Limitations:  Transfers from a money market to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more than three by check, draft, or similar order to third parties.
• To see our current money market rates, please go to our rates tab.

Municipal Money Market Account

• Municipals and Non Profit Organizations only.
• Minimum Balance of $50,000 to open.
• Service Charge of $7.00 will be charged if the average daily balance for the monthly statement cycle falls below $50,000.
• Interest will be compounded and added to the account monthly
• Transaction Limitations:  Transfers from a money market to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more than three by check, draft, or similar order to third parties.
• To see our current Municipal money market rates, please go to our rates tab.

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Savings Accounts

Regular Savings Account

• Minimum Balance of $30.00 to open
• Allowed six withdrawals per quarterly statement cycle
• After six withdrawals, a $0.25 charge will be added to each withdrawal.  This charge does not apply to minors.
• Interest is compounded and added to the balance quarterly.
• For the current savings account interest rate, please go to our rates page.

Market Investment Account

• Minimum Balance of $100.00 to open
• Allowed six withdrawals per statement cycle
• Interest is compounded and added to the balance monthly.
• For the current market investment rates, please go to our rates page.

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Health Savings Accounts

• Save money in this interest bearing account for future medical expenses.  Checks and debit cards may be used on this account for medical expenses.  To see our current Health Savings Account tiered rates, please go to the rates tab.
• Triple Tax Savings
              1.  tax deductions when you contribute to your account
              2.  tax-free earnings through investment
              3.  tax-free withdrawals for qualified medical expenses.
• Need “high deductible health plan” (HDHP)
• Have no other first-dollar medical coverage(other types of insurance like specific injury insurance or accident, disability, dental care, vision care, or long-term care insurance are permitted.
• Are not enrolled in Medicare
• Cannot be claimed as a dependent on someone else’s tax return.
• Contribution limits for 2010:
          Single Coverage Insurance with deductible of at least $1,200 is $3,050
          Family Coverage Insurance with deductible of at least $2,400 is $6,150
          2009 Catch-up limit for individuals age 55 and older is $1,000
• 2009 Contributions can be made until April 15, 2010
  
  For more information about Health Savings Accounts, visit the Treasury’s website www.treas.gov and click on “Health Savings Accounts”

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Individual Retirement Accounts