Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor.
Click “More Info” to learn more about each account.
Early withdrawal fee and interest penalty if funds are withdrawn before club payout date
Calculated on the daily balance.
COMMUNITY SAVINGS
Interest bearing account. For current community savings account rates Click Here.
At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited to the account either monthly or semi-annually.
$50.00 deposit required to open this account.
Must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
A service charge of $2.99 will be imposed every month if the balance in the account falls below $50.00 any day of the statement cycle.
24/7 Access to account with . . .
Telephone Banking 'Free' Online Banking
Free ATM/Debit card with checking account relationship.
Preauthorized automatic transfers or telephone transfers to another account in your name in this Bank are limited by Federal regulations to six (6) per statement cycle.
Unlimited withdrawals in person at one of our offices or at ATMs.
Interest bearing account. For current Freedom 50 savings account rates Click Here.
At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited to the account either monthly or semi-annually.
$50.00 deposit required to open this account.
Must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
A service charge of $2.99 will be imposed every month if the balance in the account falls below $50.00 any day of the statement cycle.
24/7 Access to account with . . .
Telephone Banking 'Free' Online Banking
Free ATM/Debit card with checking account relationship.
Preauthorized automatic transfers or telephone transfers to another account in your name in this Bank are limited by Federal regulations to six (6) per statement cycle.
Unlimited withdrawals in person at one of our offices or at ATMs.
Interest bearing account. For current student savings account rates Click Here.
At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited to the account semi-annually.
$25.00 deposit required to open this account.
Must maintain a minimum balance of $25.00 in the account each day to obtain the disclosed annual percentage yield. We use the daily method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
You may make six (6) withdrawals from your account each statement cycle.
Excess withdrawal fee of $2.99 per withdrawal will be charged over the six (6) allowable withdrawals.
Account will convert to the Bank's Community Savings account upon graduation from high school or turning 18 years of age.
Interest bearing account. Click below for current rates:
Daily balance is more than $999.99, but less than $2,500.00 Click Here.
Daily balance is more than $2,499.99, but less than $10,000.00 Click Here.
Daily balance is more than $9,999.99 Click Here.
At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly.
$1,000.00 required to open this account.
Must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
24/7 Access to account with . . .
Telephone Banking 'Free' Online Banking
Free ATM/Debit card with checking account relationship.
You may make unlimited withdrawals in person.
Preauthorized automatic transfers or telephone transfers to another account in your name in this Bank are limited by Federal regulations to six (6) per statement cycle.
Service charge of $4.99 per statement cycle if a minimum daily balance of $1,000.00 is not maintained.
You choose what the account is for and you choose when the account pays out!
Interest bearing account. For current "My" Club account rates Click Here.
At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be paid at club payout date.
$5.00 deposit required to open this account.
Must maintain a minimum balance of $5.00 in the account each day to obtain the disclosed annual percentage yield. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.
Withdrawals cannot be made from this account until the club payout date. Early closing will result in a $19.99 early withdrawal penalty and accrued interest will not be paid.
Accounts must be paid out within one year from the opening month.
Club funds are direct deposited into a designated checking or savings account with Pendleton Community Bank at the club payout date - no payout checks (no exceptions).
