Truth-in-Savings

idLOCK PLUS Checking

  • Minimum Balance to Open:  You must deposit $50.00 to open this account.
  • Account Fees:  A monthly fee of $7.00 is assessed every statement cycle if the minimum daily balance falls below $25,000.00 any day of the statement cycle. * Fees could reduce earnings on this account.
  • Rate information:  The interest rate and annual percentage yield for this account are stated on the interest rate chart.
  • Tiered Rate: Variable Rate Based Upon Total Balance.  Accounts with a daily balance less than $25,000.00 during the statement cycle will not earn interest. 
    • Tier 1:  Accounts with a daily balance of $25,000.00 or more
  • Determination of Rate: At our discretion, we may change the interest rate of your account at any time.
  • Annual Percentage Yield:  You must maintain a minimum balance of $25,000.00 in the account each day to obtain the disclosed annual percentage yield.
  • Interest information:  Interest is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit.
  • Effect of Closing an Account:  If you close your account before interest is credited, you will not receive the accrued interest. If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information. 

idLOCK INTEREST Checking

  • Minimum Balance to Open:  You must deposit $50.00 to open this account.
  • Account Fees:  A monthly fee of $5.00 is assessed every statement cycle if the minimum daily balance falls below $15,000.00 any day of the statement cycle. * Fees could reduce earnings on this account.
  • Rate information:  The interest rate and annual percentage yield for this account are stated on the interest rate chart.
  • Tiered Rate: Variable Rate Based Upon Total Balance.  Accounts with a daily balance less than $2,500.00 during the statement cycle will not earn interest. 
    • Tier 1:  Less than $20,000.00 and greater than or equal to $2,500.00
    • Tier 2: $20,000.00 or higher. 
  • Determination of Rate: At our discretion, we may change the interest rate of your account at any time. 
  • Annual Percentage Yield:  You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.
  • Interest information:  Interest is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit.
  • Effect of Closing an Account:  If you close your account before interest is credited, you will not receive the accrued interest. If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.  

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idLOCK SENIOR Checking

  • Minimum Balance to Open:  You must deposit $50.00 to open this account.
  • Account Fees:  A $4.00 monthly fee is assessed every statement cycle.
  • Effect of Closing an Account:  If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.

idLOCK STANDARD Checking

  • Minimum Balance to Open:  You must deposit $50.00 to open this account.
  • Account Fees:  A $4.00 monthly fee is assessed every statement cycle.
  • Effect of Closing an Account:  If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.

BASIC Checking

  • Minimum Balance to Open:  You must deposit $50.00 to open this account.
  • Account Fees:  No monthly fees are associated with this account when electronic statements are chosen.  When paper statements are chosen, a $2.00 fee will be charged.  
  • Effect of Closing an Account:  If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.  

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Fresh Start Checking

  • Minimum Balance to Open:  You must deposit $50.00 to open this account.
  • Account Fees:  An $8.95 monthly fee is assessed every statement cycle. A $2.00 discount applies when a direct deposit of $50.00 is received every statement cycle.  Electronic statements are available with no charge.  When paper statements are chosen, a $2.00 fee will be charged.   
  • Effect of Closing an Account:  If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.  

Fresh Start Basic

  • Minimum Balance to Open:  You must deposit $50.00 to open this account.
  • Account Fees:  An $8.95 monthly fee is assessed every statement cycle. A $2.00 discount applies when a direct deposit of $50.00 is received every statement cycle.  Electronic statements are available with no charge.  When paper statements are chosen, a $2.00 fee will be charged.   
  • Effect of Closing an Account:  If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.  

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Money Market Deposit Account

  • Minimum Balance to Open:  You must deposit $50.00 to open this account.  
  • Account Fees:  A Monthly Fee of $8.00 is assessed every monthly statement cycle if the minimum daily balance falls below $1000.00 any day of the statement cycle.  Fees could reduce earnings on this account.
  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart.
  • Determination of Rate: At our discretion, we may change the interest rate of your account at any time. 
  • Annual Percentage Yield:  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
  • Interest information - Interest is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will not receive the accrued interest. The minimum amount to earn the APY is $1000.00.
  • Effect of Closing an Account. If you close your account before interest is credited, you will not receive the accrued interest. If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.  

Indexed Money Market Deposit Account

  • Minimum Balance to Open:  The minimum amount to open this account is $50. 
  • Account Fees:  A monthly Fee of $12.00 is assessed every monthly statement cycle if the minimum daily balance falls below $5,000.00 any day of the statement cycle. Fees could reduce earnings on this account.
  • Rate information - The interest rate, tier and annual percentage yield for this account are stated on the interest rate chart. This is a variable rate account subject to change weekly.  Interest rate is based on the upper limit of the federal funds target rate range (Index) set by the Federal Open Market Committee and published by the Federal Reserve.
  • Determination of Rate. At our discretion, we may change the interest rate on your account at any time.
  • Annual Percentage Yield:  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
  • Top Tier.  The interest rate and annual percentage yield for this tier are stated on the interest rate chart $1,000,000+
  • Intermediate Tier. The interest rate and annual percentage yield for this tier are stated on the interest rate chart.$500,000 but less than $1,000,000.
  • Second Intermediate Tier. The interest rate and annual percentage yield for this tier are stated on the interest rate chart.$250,000 but less than $500,000.
  • Third Intermediate Tier. The interest rate and annual percentage yield for this tier are stated on the interest rate chart. $100,000 but less than $250,000.
  • Fourth Intermediate Tier. The interest rate and annual percentage yield for this tier are stated on the interest rate chart.$50,000 but less than $100,000.
  • Fifth Intermediate Tier. The interest rate and annual percentage yield for this tier are stated on the interest rate chart.$25,000 but less than $50,000. 
  • Sixth Intermediate Tier. The interest rate and annual percentage yield for this tier are stated on the interest rate chart. $10,000 but less than $25,000
  • Bottom Tier. The interest rate and annual percentage yield for this tier are stated on the interest rate chart. Less than $10,000
  • Interest information - Interest is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit.
  • Effect of Closing an Account. If you close your account before interest is credited, you will not receive the accrued interest. If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.  

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Non-Personal Interest Checking

  • Minimum Balance to Open: - The minimum amount to open this account $1,000.00.
  • Account Fees:  A monthly fee of $8.00 is assessed every monthly statement cycle if the minimum daily balance falls below $1,000.00 any day of the statement cycle. Fees could reduce earnings on this account.
  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. Non-Personal Interest Checking accounts are variable rate accounts, subject to change weekly at the bank's discretion.
  • Determination of Rate: At our discretion, we may change the interest rate of your account at any time. 
  • Annual Percentage Yield:  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
  • Interest information - Interest is compounded daily and credited monthly.  Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit.
  • Effect of Closing an Account:  If you close your account before interest is credited, you will not receive the accrued interest.  If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.  

Health Savings Account

  • Minimum Balance to Open - You must deposit $50.00 to open this account.
  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. Health Savings Accounts are variable rate accounts,
  • Determination of Rate: At our discretion, we may change the interest rate of your account at any time. 
  • Annual Percentage Yield:  You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.
  • Interest information - Interest is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will not receive the accrued interest.
  • Effect of Closing an Account:  If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.
  • Subaccounts:  Your account is a master deposit account which consists of two subaccounts--a transaction account and a non-transaction account. We will make internal transfers between these two subaccounts, however, that will have no effect on your account or your ability to use it. See your account agreement for additional information.  

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Statement Savings

  • Minimum Balance to Open:  The minimum balance to open this account is $100.00.
  • Account Fees:  A monthly fee of $5.00 per month is assessed every statement cycle if the minimum daily balance falls below $100.00 any day of the month.  Fees could reduce earnings on this account.
  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The Statement Savings account is a variable rate account.
  • Determination of rate: At our discretion, we may change the interest rate on your account at any time.
  • Annual Percentage Yield:  You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
  • Interest information - Interest is compounded daily and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will not receive the accrued interest.
  • Effect of Closing an Account:  If you close your account within 90 days of opening, you will be charged a $20.00 early close out fee.  

Holiday Club

  • Minimum Balance to Open:  The minimum balance to open this account is $1.00.
  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The Holiday Club is a variable rate account.
  • Determination of Rate: At our discretion, we may change the interest rate of your account at any time.
  • Annual Percentage Yield:  You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield.
  • Interest information - Interest is compounded daily and credited at maturity. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit
  • Effect of Closing an Account:  If you close your account before maturity you will not receive accrued interest and you will be assessed a $10.00 early close out fee.  

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Certificates of Deposit (Time Deposit)

  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The interest rate and annual percentage yield (assuming interest remains on deposit until maturity) are guaranteed for the term of the CD.
  • Minimum balance requirements - The minimum amount to open a Certificate of Deposit and to obtain the annual percentage yield disclosed is $1000.00.
  • Transaction limitations - After the account is opened, you may not make deposits into your account until the maturity date.  The account balance may not go below $1000.
  • Early withdrawal penalty - Early withdrawal of principal prior to the maturity date will result in substantial penalties as follows: 
    • Term of 90 Days - 14 Months will result in the loss of 30 days' interest on the principal amount withdrawn;
    • Term of 15 Months - 35 Months will result in the loss of 90 days' interest on the principal amount withdrawn;
    • Term of 36 Months - 60 Months & 90 Months will result in the loss of 180 days' interest on the principal amount withdrawn; 
    • Term of 84 Months will result in the loss of 360 days' interest on the principal amount withdrawn. 
    • We will impose a penalty of seven days' interest when principal is withdrawn during the first six days after the initial deposit.   The interest rate we will use to calculate the interest forfeiture will be the rate in effect on your account at the time of withdrawal. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.  

Flex Rate Certificate of Deposit (Time Deposit)

  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. This is a special Certificate of Deposit, which allows the customer to change the rate one time during the term. This rate change is based on the most recently quoted rate for the term and is at the sole discretion of the customer. This request must be in writing and will be effective on the next business day after the written request is received by the Bank.
  • Minimum balance requirement - The minimum amount to open this account and obtain the annual percentage yield disclosed is $1000.00. 
  • Transaction limitations - After the account is opened, you may not make deposits into your account until the maturity date.  The account balance may not go below $1000.
  • Early withdrawal penalty - Early withdrawal penalty - Early withdrawal of principal prior to the maturity date will result in substantial penalties as follows: 
    • Term of 90 Days - 14 Months will result in the loss of 30 days' interest on the principal amount withdrawn;
    • Term of 15 Months - 35 Months will result in the loss of 90 days' interest on the principal amount withdrawn;
    • Term of 36 Months - 60 Months & 90 Months will result in the loss of 180 days' interest on the principal amount withdrawn; 
    • Term of 84 Months will result in the loss of 360 days' interest on the principal amount withdrawn. 
    • We will impose a penalty of seven days' interest when principal is withdrawn during the first six days after the initial deposit.   The interest rate we will use to calculate the interest forfeiture will be the rate in effect on your account at the time of withdrawal. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.  

Growth Certificate of Deposit (Time Deposit) - 12 month term

  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The interest rate and annual percentage yield will be determined at the bank's discretion based on the following tiers:
    • Tier 1: $100-$999.99.
    • Tier 2: $1,000-$9,999.99.
    • Tier 3: $10,000 and over. This is a variable rate account subject to change at the bank's discretion.
  • Interest information - Interest is compounded daily and credited quarterly. Stated Annual Percentage Yield assumes interest remains on deposit until maturity, and withdrawal of interest will reduce earnings. Interest is calculated using the daily balance method, which applies a daily periodic rate to the principal in the account each day. Interest on all CDs begins to accrue on the day of deposit. If you close your account before interest is credited, you will receive the accrued interest.
  • Minimum balance requirements - The minimum amount to open the Growth Certificate of Deposit and to obtain the annual percentage yield disclosed is $100.00.
  • Transaction limitations - Deposits may be made to this account in any amount at any time. You may have automatic deposits made from any checking or savings account. Interest will remain on deposit until maturity. You may withdraw at maturity without closing the account. The balance may not go below $100.00.
  • Early withdrawal penalty - Early withdrawal penalty - Early withdrawal of principal prior to the maturity date will result in substantial penalties as follows: 
    • Term of 90 Days - 14 Months will result in the loss of 30 days' interest on the principal amount withdrawn;
    • Term of 15 Months - 35 Months will result in the loss of 90 days' interest on the principal amount withdrawn;
    • Term of 36 Months - 60 Months & 90 Months will result in the loss of 180 days' interest on the principal amount withdrawn; 
    • Term of 84 Months will result in the loss of 360 days' interest on the principal amount withdrawn. 
    • We will impose a penalty of seven days' interest when principal is withdrawn during the first six days after the initial deposit.   The interest rate we will use to calculate the interest forfeiture will be the rate in effect on your account at the time of withdrawal. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.  

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IRA Builder 12-Month Variable Rate Certificate of Deposit (Time Deposit)

  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The interest rate and annual percentage yield are variable and will be determined at the bank's discretion.
  • Interest information - Interest is compounded daily and credited quarterly. Stated Annual Percentage Yield assumes interest remains on deposit until maturity, and withdrawal of interest will reduce earnings. Interest is calculated using the daily balance method, which applies a daily periodic rate to the principal in the account each day. Interest on all CDs begins to accrue on the day of deposit. If you close your account before interest is credited, you will receive the accrued interest.
  • Minimum balance requirements - The minimum amount to open the IRA Builder 12-month Variable Rate Certificate of Deposit and to obtain the annual percentage yield disclosed is $100.00.
  • Transaction limitations - Deposits may be made to this account in any amount at any time. You may have automatic deposits made from any checking or savings account. Interest will remain on deposit until maturity. You may withdraw at maturity without closing the account. The balance may not go below $100.00.
  • Early withdrawal penalty - Early withdrawal of principal prior to the maturity date will result in substantial penalties as follows: 
    • Term of 12 Months will result in the loss of 30 days' interest on the principal amount withdrawn;
    • We will impose a penalty of seven days' interest when principal is withdrawn during the first six days after the initial deposit.   The interest rate we will use to calculate the interest forfeiture will be the rate in effect on your account at the time of withdrawal. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.  

IRA Certificates of Deposit (IRA Time Deposit)

  • Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The interest rate and annual percentage yield (assuming interest remains on deposit until maturity) are guaranteed for the term of the CD.
  • Interest information - Interest is compounded daily and credited quarterly. Stated Annual Percentage Yield assumes interest remains on deposit until maturity, and withdrawal of interest will reduce earnings. Interest is calculated using the daily balance method, which applies a daily periodic rate to the principal in the account each day. Interest on all CDs begins to accrue on the day of deposit. If you close your account before interest is credited, you will receive the accrued interest.
  • Minimum balance requirements - The minimum amount to open a Certificate of Deposit and to obtain the annual percentage yield disclosed is $1000.00.
  • Transaction limitations - After the account is opened, you may not make deposits into your account until the maturity date.  The account balance may not go below $1000.
  • Early withdrawal penalty - Early withdrawal of principal prior to the maturity date will result in substantial penalties as follows: 
    • Term of 90 Days - 14 Months will result in the loss of 30 days' interest on the principal amount withdrawn;
    • Term of 15 Months - 35 Months will result in the loss of 90 days' interest on the principal amount withdrawn;
    • Term of 36 Months - 60 Months & 90 Months will result in the loss of 180 days' interest on the principal amount withdrawn; 
    • Term of 84 - Months will result in the loss of 360 days' interest on the principal amount withdrawn.  We will impose a penalty of seven days' interest when principal is withdrawn during the first six days after the initial deposit.   The interest rate we will use to calculate the interest forfeiture will be the rate in effect on your account at the time of withdrawal. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.