Get Real Savings℠*
A simple savings account that can help you save for future goals.
- $10 minimum deposit to open
- No monthly account fees
- Earn interest on your savings
- Unlimited withdrawals and transactions
Online Banking and eStatement options are available at this time. NOTE: Must be at least 13 years of age to open a savings account with a parent/guardian present and on the account.
Debit Card will not have Point of Sale functionality until the account owner turns 16 years of age and requests functionality be turned on.
*Notify us if you are 65 years of age or older, or 18 years of age or younger. You may be eligible for a waiver or reduction of certain account fees or charges.
Effective Date: Wednesday, March 29, 2023
| Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* | |
|---|---|---|---|---|
| $10.00 | $0.01 | 0.05% | 0.05% |
* Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. These are variable rate accounts and rates are subject to change without notice.
The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000. All portions of deposits in excess of $250,000 are insured by the Depositors Insurance Fund (DIF).
Notify us if you are 65 years of age or older, or 18 years of age or younger. You may be eligible for a waiver or reduction of certain account fees or charges.
Club Accounts
Save for the holidays or that well deserved vacation with a designated account.
- $10 minimum to open
- No monthly account fees
- Interest bearing account
- A check for the balance and interest is mailed to you or you may request the balance to be automatically transferred to another account:
- April for Vacation Club
- October for Holiday Club
- Partial withdrawals not allowed*
*If any withdrawal is made from this account before club maturity, then this account may be closed
Effective Date: Wednesday, March 29, 2023
| Minimum to Open | Minimum Daily Balance to Earn APY | Interest Rate | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| $10.00 | $0.01 | 0.05% | 0.05% |
* Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. These are variable rate accounts and rates are subject to change without notice.
The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000. All portions of deposits in excess of $250,000 are insured by the Depositors Insurance Fund (DIF).
Get More Money Market℠
Accelerate your savings with an interest-bearing account that’s flexible enough to adapt to your lifestyle.
- $6 monthly account fee, waived with a minimum daily balance of $500
- Debit Card eligibility
- Direct Deposit available
- Free Online Banking
- eStatements
- Minimum balance to open account is $500.
Get More Money Market℠
Effective Date: Wednesday, March 29, 2023
| Product | Minimum balance to open account | Minimum daily balance to obtain APY | Annual Percentage Yield (APY)%* |
|---|---|---|---|
| Get More Money Market℠ | $500 | $0.01 | 0.20% |
*This is a variable rate account and the rate may change at anytime. Fees may reduce earnings. Not available for IRA's.
Get More Tiered Money Market℠
Maximize the advantages of higher interest rates while benefiting from the liquidity of a savings account. Plus, with tiered interest rates, the higher your balance, the higher your interest rate.
- $1,000 minimum deposit to open
- $6 monthly account fee, waived with a minimum daily balance of $500
- Unlimited withdrawals & transactions
- Direct Deposit available
- Free Online & Mobile Banking*
- eStatements
Not responsible for surcharges or fees imposed by other banks, ATM operators and/or any networks.
* 3rd party fees for message, data and internet services may apply.
Effective Date: Wednesday, March 29, 2023
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | Annual Percentage Yield (APY)%* | |
|---|---|---|---|---|
| Get More Tiered Money Market℠ | $1,000.00 | $0.01 - $24,999.99 | 0.10% | |
Tiered Money Market $25,000-$49,999.99 | $1,000.00 | $25,000 - $49,999.99 | 0.15% | |
Tiered Money Market $1,000-$99,999.99 | $1,000.00 | $50,000 - $99,999.99 | 0.20% | |
Tiered Money Market $100,000-$999,999.99 | $1,000.00 | $100,000 - $999,999.99 | 0.25% | |
Tiered Money Market $1,000,000+ | $1,000.00 | $1,000,000+ | 0.30% |
*Interest is compounded monthly. Annual percentage yield (APY) assumes principal and interest remain on deposit for one year. Fees could reduce earnings on accounts. Rates offered are subject to change without notice.
Health Savings Account
A Health Savings Account or HSA is an account you deposit money into to save for current or future healthcare expenses. Enjoy favorable tax treatment on the money you save, and you decide how it’s spent: Use it to cover qualified healthcare needs as they’re incurred or carry it over to cover future qualified expenses.
- Contributions you make may be tax deductible*
- Contributions made by your employer may be excluded from gross income
- Distributions are not taxed when used for qualified medical expenses
- Distributions for qualified medical expenses can be used to meet your HDHP deductible
- Funds left in an HSA, including interest, grow tax-free
- Funds can be left in an HSA to accumulate – no “use it or lose it”
- An HSA is portable
- You can open and transfer HSAs to bankHometown
* Certain restrictions may apply. Consult your tax advisor.
