Savings, CDs & IRAs

 
PERSONAL MONEY MARKET JUNIOR SAVERS
 REGULAR SAVINGS
Account Description A limited transaction account that gives you a higher yield than a savings account.
 For our customers under age 18, this limited transaction account with no monthly service charge is a great way to start saving. A limited transaction account that is a great way to help you establish a habit of saving.
Minimum Opening Balance
 $2,500 $ .01
 $100
Service Charge
 $10 (monthly)
 N/A $10 (quarterly)
Minimum Daily Balance to Avoid Service Charge $2,500 N/A $100
Interest Paid
 Yes – if minimum daily balance of $2,500 is met. Yes – if minimum daily balance of $100 is met. Yes – if minimum daily balance of $100 is met.
Limited Transaction Account*
 Yes
First 6 withdrawals per statement cycle at no charge, $5 for each additional withdrawal over 6 per statement cycle.		 Yes
First 6 withdrawals per statement cycle at no charge, $2 for each additional withdrawal over 6 per statement cycle.		 Yes
First 6 withdrawals per statement cycle at no charge, $2 for each additional withdrawal over 6 per statement cycle.
Additional Features/Benefits Rates vary based on account balance.
All of these consumer saving accounts feature:
Free Online Banking
Free eStatements
Free Trust24 Telephone Banking (877) 275-6785
Free Mobile Banking+
For complete account disclosures, please see a Financial Services Representative.
There will be a $25 account closing fee for any account closing within 90 days of opening.
Other account related fees such as monthly service charges, insufficient funds (NSF) fees and overdraft fees still apply.*Regulation D limits certain types of withdrawal and transfer transactions you can make out of your savings or money market accounts to a maximum combined total of six (6) per month or statement cycle.  An Excess Transaction Fee may apply for each transaction that exceeds the limit. Please refer to your Account Agreement for details.
+Wireless fees or internet access fees may apply. Contact your local cell phone provider for details.

Certificate of Deposit
Certificates of Deposit are a strong, steady part of any financial portfolio. The Bank & Trust certificates provide a safe investment with a guaranteed return and choice of maturities tailored to fit your needs.

  • $2,500 minimum opening balance
  • Wide range of terms
  • Competitive fixed rates
  • Variety of interest disposition options

 

Term
(in months)		 Rate Annual Percentage Yield (APY)
3 1.000% 1.004%
6 1.500% 1.508%
12 2.000% 2.015%
24 2.150% 2.167%
36 2.250% 2.269%
48 2.250% 2.269%
60 2.250% 2.269%

Rates are accurate as of 3/25/2019.
Rates Subject to Change Without Notice.  Some penalties may apply to withdrawals made prior to maturity.  Please see a Financial Services Representative for complete account disclosures.

 

Individual Retirement Account (IRA)
An Individual Retirement Account (IRA) is perfect when starting a new family, saving for a college education or planning for your retirement. The Bank & Trust offers three types of IRAs – traditional, SEP and Roth. We offer competitive rates and terms, plus each IRA has its own tax advantages.**

  • $2,500 minimum opening balance
  • Tax deferred advantages
  • Competitive fixed and variable rates
  • No management fees

**Consult your tax advisor regarding potential tax savings.