Deposit Accounts

Checking

Alliance Checking

Basic Checking
Minimum to Open: $50.00
Minimum Balance: None
Interest: None

 

Additional Benefits:

  • Unlimited Check Writing
  • Debit Card – $1.00 Debit Card Monthly Fee (subject to approval; available upon request)
  • Check Images – $2.50 Image Fee per month (available upon request)
  • Online Banking
  • Online BillPay (subject to approval)
  • Free E-Statements (paper statement available for a monthly $5.00 Paper Statement Fee)
  • Free 24-Hour Telephone Banking
  • Ready Reserve Line of Credit Available (subject to approval; fees may apply)

Classic Checking

Interest Checking
Minimum to Open: $1,500.00
Minimum Balance: $1,500.00; $15.00 Service Charge per month if below $1,500.00 account balance
Interest: Variable, Paid Monthly (no interest is paid for the month if the account balance falls below the minimum requirement)

 

Additional Benefits:

  • Unlimited Check Writing
  • Debit Card – $1.00 Debit Card Monthly Fee (subject to approval; available upon request)
  • Check Images – $2.50 Image Fee per month (available upon request)
  • Online Banking
  • Online BillPay (subject to approval)
  • Free E-Statements (paper statement available for a monthly $5.00 Paper Statement Fee)
  • Free 24-Hour Telephone Banking
  • Ready Reserve Line of Credit Available (subject to approval; fees may apply)

Silver Checking

Senior Checking (must be at least 62 years of age)
Minimum to Open: $50.00
Minimum Balance: None
Interest: None

 

Additional Benefits:

  • Unlimited Check Writing
  • Debit Card – $1.00 Debit Card Monthly Fee (subject to approval; available upon request)
  • Online Banking
  • Online BillPay (subject to approval)
  • Free Check Images (available upon request)
  • Free Paper or E-Statements
  • Free 24-Hour Telephone Banking
  • Free Photocopies & Faxes
  • Ready Reserve Line of Credit Available (subject to approval; fees may apply)

Preferred Checking

Relationship Checking
Minimum to Open: $2,500.00 and at least $25,000.00 in combined deposit balances
Minimum Balance: $2,500.00; $15.00 Service Charge per month if below $2,500.00 account balance; $25.00 Service Charge per month if below $25,000.00 combined deposit balance
Interest: Variable, Paid Monthly (no interest is paid for the month if the account balance falls below the minimum requirement)

 

Additional Benefits:

  • Unlimited Check Writing
  • Online Banking
  • Online BillPay (subject to approval)
  • Free Debit Card (subject to approval; available upon request)
  • Free Check Images (available upon request)
  • Free Paper or E-Statements
  • Free 24-Hour Telephone Banking
  • Free Photocopies & Faxes
  • Free Official Checks
  • Free Alliance Series Checks
  • No ATM Surcharges – up to $10.00 per month (bring in or mail original ATM receipt within 60-Days for a refund of any ATM surcharges)

 

Savings

Cub Club Savings

Youth Savings (up to age 12)
Minimum to Open: $25.00
Minimum Balance: None
Interest: Variable, Paid Quarterly (no interest is paid for the quarter if the account balance falls below the minimum requirement)

 

Additional Benefits:

  • Online Banking
  • Free Paper or E-Statements
  • Free 24-Hour Telephone Banking
  • Free Gift at Account Opening
  • $2.50 Deposit on Birthday (up to age 12)

Simple Savings

Regular Savings
Minimum to Open: $50.00
Minimum Balance: $50.00; $7.50 Service Charge per quarter if below $50.00 account balance
Interest: Variable, Paid Quarterly (no interest is paid for the quarter if the account balance falls below the minimum requirement)

 

Additional Benefits:

  • Online Banking
  • Free Paper or E-Statements
  • Free 24-Hour Telephone Banking

Exclusive Money Market Savings

Money Market Savings
Minimum to Open: $2,500.00
Minimum Balance: $2,500.00; $7.50 Service Charge per month if below $2,500.00 account balance
Interest: Variable, Tiered, Paid Monthly (no interest is paid for the month if the account balance falls below the minimum requirement)

 

Additional Benefits:

  • Online Banking
  • Free E-Statements (paper statement available for a monthly $5.00 Paper Statement Fee)
  • Free 24-Hour Telephone Banking

 

CDs

Certificate of Deposits (CDs)

A Certificate of Deposit (CD) offers you a great way to save money. We offer a selection of terms, competitive interest rates and our personalized service to assist you in making the right choices for your financial needs. We require a $500.00 minimum deposit to open a CD and if you choose to withdraw early, there may be penalties.

 

CDs are safe and federally insured for protecting your savings up to $250,000.00.

 

If you would like more information about our CDs, please contact us and we will be happy to assist you.

 

IRAs & HSAs

Individual Retirement Accounts (IRAs)

Save for your future with a Traditional or a Roth IRA. Consult your tax advisor to determine what type of IRA is right for you.

 

Traditional IRA – You can take advantage of an IRA with tax-deductible contributions or a nondeductible IRA with no eligibility requirements.

Roth IRA – This is a popular option that offers you tax-free withdrawals after age 59 ½.

Health Savings Accounts (HSA)

A Health Savings Account (HSA) provides tax benefits related to paying qualified medical expenses. HSA balances can accumulate year to year and earnings are tax deferred.

 

For further details or to apply, please contact us.