The Regular Savings account is a simple account that offers daily compounding interest which is credited to your account quarterly. This account is designed to start building cash reserves with a smaller balance.
You can make up to six, fee-free transfers a month from a Regular Savings account to another account or to third parties by pre-authorized, automatic, computer or telephone transfers (no transfers by check, draft, debit card or similar order to third parties). An activity charge of $1.00 will be charged for each transfer in excess of six during a month. This fee will not apply if your daily balance is greater than $999.99.
The minimum opening deposit is $200. See fee schedule.
Account has no monthly fee if a daily balance of at least $200 is maintained. If the daily balance falls below $200 a $3/month maintenance fee is charged. Fees could reduce earnings.
Safe and seamless. We’re here to make your banking experience just that. To help you quickly navigate the account-opening process at your local branch, let’s start with what you need to have on hand:
✓ Two forms of identification:
✓ Personal information:
If you’re opening a joint account – an account shared between two or more people – you will need to provide the above personal information for each account holder. To complete the account-opening process, each account holder will need to be present to provide his/her two forms of ID and signature.
✓ A minimum deposit of $200
✓ A security question and answer, to attach an extra layer of security to your account
✓ OPTIONAL: Beneficiary information, including the beneficiary’s full name, birthdate and address, to ensure your money goes where you want it to should you pass away.
*NOTE: If primary identification is less than 60 days old, address verification is required. Acceptable forms of address verification include: