@ a Glance—
- $25 deposit to open
- Earns interest on balances over $200
- $200 minimum balance required to waive the $3.00 quarterly service fee
- Ability to make deposits via direct deposit
A Passbook Savings account offers you just that: a passbook record of your account activity updated as you execute transactions. You can make deposits in person or electronically via direct deposit. You don't even need your passbook; we'll update it for you the next time you visit one of our many locations. You will need your passbook to withdraw funds, though. A $25 minimum deposit will open your Passbook account today.
This account has no fee as long as you maintain a daily minimum balance of $200 or more. A $3.00 quarterly service fee applies for balances that fall below $200 (during the quarter).
Best of all, Passbook accounts earn a variable tiered-interest rate, which is compounded and credited quarterly.
For youth (until age 18), the minimum balance requirement is $25 to waive a $1.50 quarterly service fee