Student savings

We partner with many local schools to provide banking services, like this account, to students on a given day each week. We help students understand the importance of setting aside money for future expenses, purchases or investments. And to promote the growth of a student’s savings, we offer competitive interest rates. There is no monthly maintenance fee or minimum balance to maintain. Interest is compounded daily and credited quarterly.

Account Name	FEATURES
Account Name	Minimum Balance & Fees	Interest	Free Check Card or ATM Card	Free Online Banking	Withdrawal Penalties
Money Market	$7 monthly fee waived with $1,000 minimum balance	yes	yes	yes	none
Student	none	yes	no	yes	none
Christmas Club	none	yes	no	yes	penalty for early withdrawal
Statement	$3 quarterly fee waived with $200 minimum balance	yes	yes	yes	none
Premium Plus	$5 monthly fee waived with $2,500 minimum balance	three tier structure	yes	yes	none
Preferred First Rate	$5 monthly fee waived with $2,500 minimum balance	two-tier structure; adjusts with prime	no	yes	none
CDs	varies with term	varies with term	no	yes	nominal penalty for early withdrawal
IRAs	varies with term	varies with term	no	yes	early withdrawal penalty varies with type
Account Name	FEATURES
Account Name	Minimum Balance & Fees	Interest	Free Check Card or ATM Card	Free Online Banking	Withdrawal Penalties