@ a Glance—
- $25 deposit to open
- $1.50 quarterly service charge on balances below $25
- 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 $25 or more. A $1.50 quarterly service charge for balances less than $25 won't break the bank when you have to repair that broken faucet.
Best of all, Passbook accounts earn a variable tiered-interest rate, which is compounded and credited quarterly.