Personal Savings
Whether you’re trying to save for a large purchase or your taxes, we offer an array of savings accounts to help meet your banking needs.
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Statement Savings
To avoid a $15.00 quarterly service charge, you must maintain an average daily ledger balance of $200.00 or more OR participate in the direct deposit of a payroll or retirement program.
Features Details Minimum Balance Denotes whether an account requires a minimum, daily, or average daily balance to avoid the imposition of quarterly service charge.
Average Daily Ledger Balance of $200.00
Service Charge A charge incurred monthly for certain accounts or when an account falls below the required minimum balance.
$15.00
Minimum Opening Deposit The minimum amount required to open an account.
$25.00
ATM Card Free ATM Card Available
Yes
Additional Information Other information for this type of account
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Student Savings
No monthly service charge until age 24, at which time the account will convert to a Statement Savings Account.
Features Details Minimum Balance Denotes whether an account requires a minimum, daily, or average daily balance to avoid the imposition of monthly service charge.
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Service Charge A charge incurred monthly for certain accounts or when an account falls below the required minimum balance.
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Minimum Opening Deposit The minimum amount required to open an account.
$25.00
ATM Card Free ATM Card Available
Yes
Account Age Limit Upon reaching age 24, the account will convert to our Statement Savings Account.
Yes
Apply -
Insured Money Market (IMM) Savings
A minimum deposit of $2,500.00 is required to open this account. If the daily balance falls below $2,500.00, a monthly service charge of $15.00 will be assessed at statement date.
Features Details Minimum Balance Denotes whether an account requires a minimum, daily, or average daily balance to avoid the imposition of monthly service charge.
Daily Balance of $2,500.00
Service Charge A charge incurred monthly for certain accounts or when an account falls below the required minimum balance.
$15.00
Minimum Opening Deposit The minimum amount required to open an account.
$2,500.00
ATM Card Free ATM Card Available
Yes
Apply -
NYUTMA
No monthly service charge. Beneficiary must be under the age of 18 or 21 and upon reaching that age, account must be closed by the custodian and all funds given to the beneficiary.
Features Details Minimum Balance Denotes whether an account requires a minimum, daily, or average daily balance to avoid the imposition of monthly service charge.
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Service Charge A charge incurred monthly for certain accounts or when an account falls below the required minimum balance.
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Minimum Opening Deposit The minimum amount required to open an account.
$25.00
ATM Card Free ATM Card Available
Available to custodian only
Account Age Limit Age Requirements to Open Account
Beneficiary under 18 or 21
Additional Information Other information for this type of account
Only one custodian and one beneficiary
Apply -
Tax Savings
Withdrawals can only be made as window transactions or automatic transfers to your checking/savings account to pay taxes. Interest is posted annually.
Features Details Minimum Balance Denotes whether an account requires a minimum, daily, or average daily balance to avoid the imposition of monthly service charge.
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Service Charge A charge incurred monthly for certain accounts or when an account falls below the required minimum balance.
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Minimum Opening Deposit The minimum amount required to open an account.
$25.00
ATM Card Free ATM Card Available
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Additional Information Other information for this type of account
Withdrawals can only be made as a window transaction to pay taxes, close the account or automatic transfer to DDA to pay taxes.
Apply -
Holiday / Vacation Savings
No minimum opening deposit required and interest is posted at maturity. Withdrawals made before maturity must be for the entire balance, no partial withdrawals allowed.
Features Details Minimum Balance Denotes whether an account requires a minimum, daily, or average daily balance to avoid the imposition of monthly service charge.
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Service Charge A charge incurred monthly for certain accounts or when an account falls below the required minimum balance.
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Minimum Opening Deposit The minimum amount required to open an account.
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ATM Card Free ATM Card Available
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Additional Information Other information for this type of account
Withdrawals made prior to maturity must be for entire balance.
Apply
