Savings & Checking Services

 

 

 

Passbook Savings Account

We understand that saving for your future is important to you.  A County Savings Bank Passbook Savings Account can offer you the control over your money that you want. Your banking history is recorded in your passbook for you every time you make a transaction.  This is also a great way to get children actively involved in saving for their futures as they watch their savings grow.

Description of Account:

  • Interest will be compounded on a daily basis and credited to your account on a quarterly basis.  See our Rate Schedule for current interest rates.
  • $50.00 deposit to open the account.  Children under the age of 18 can open the account in any amount.
  • No annual service charge for children under the age of 18.
  • No annual service charge for accounts that maintain the minimum balance requirement of $100.00.
  • Passbook is required for withdrawals.

Statement Savings Account

A County Savings Bank Statement Savings Account offers you a convenient way to save with your money available to you when you need it.  There is no passbook with this account and a monthly statement showing your banking activity is mailed to you.

Description of Account:

  •  Interest will be compounded on a daily basis and credited to your account on a monthly basis.  See our Rate Schedule for current interest rates.
  • $50.00 deposit to open the account.
  • No monthly service charge on accounts that maintain a minimum balance of $200.00.
  • ATM card available.

Interest Earning Checking Account

When you open a County Savings Bank Interest Earning Checking Account you not only have the convenience of writing checks, but you are also earning interest on your money.

 Description of Account:

  •  Interest will be compounded on a monthly basis and credited to your account on a monthly basis.  See our Rate Schedule for current interest rates.
  • $50.00 deposit to open the account.
  • No monthly service charge on accounts that maintain a minimum balance of $1,000.00.
  •  No excess check fee on accounts that maintain a balance of $2,500.00.
  • Direct Deposit available.
  • Money Master Card and ATM card available.

Non-Interest Checking Account

County Savings Bank offers you a simple worry free checking account that provides you with easy access to your money.

Description of Truncated Account
(No checks back with monthly statement)

  • $50.00 deposit to open the account.
  • No monthly service charge on accounts that maintain a minimum balance of $100.00.
  • Unlimited check writing.
  • Direct Deposit available.
  • Money Master Card and ATM card available.

Description of Non-Truncated Account
(Checks are included in monthly statement)

  • $50.00 deposit to open the account.
  • No monthly service charge on accounts that maintain a minimum balance of $250.00.
  • No excess check fee on accounts that maintain a balance of $1,500.00.
  • Direct Deposit available.
  • Money Master Card and ATM card available.

Silver Series Account

At County Savings Bank, age has its advantages.  We’ve designed our Silver Series Account for our customers age 55 and over who know the value of money.

Description of Truncated Account
(No checks back with monthly statement)

  • No minimum balance.
  • Competitive interest rate regardless of balance.  See our Rate Schedule for current interest rates.
  • No monthly service charge
  • Requires direct deposit of Social Security, Pension, or Payroll
  • First order of Silver Series checks free.
  • Unlimited check writing.
  • Free Telephone Banking
  • Free Internet Banking
  • No annual fee for Money Master Card.
  • Money Master Card and ATM card available.

Money Market Account

Everyone has different banking needs.  A County Savings Bank Money Market Account can be your source for a temporary storage account for investments or a ready source of cash.

Description of Account

  • Interest will be compounded on a daily basis and credited to your account on a monthly basis.  See our Rate Schedule for current interest rates.
  • $50.00 deposit to open the account.
  • No monthly service charge on accounts that maintain a minimum balance of $1,000.00.
  • A balance of $2,500.00 must be maintained in order to earn interest.
  • ATM card available.

Certificates of Deposit

In today’s market everyone is looking for peace of mind.  A County Savings Bank Certificate of Deposit offers a safe flexible investment where your money is FDIC insured.  You determine the amount of time to invest at a guaranteed interest rate.

Description of Account

  • Fixed interest rate until the maturity of the certificate.  Please see our Rate Schedule for available certificate terms and current interest rates.
  • Interest will be compounded daily and credited to you on a monthly, quarterly, semi-annual, or annual basis.  You may also choose to receive your interest at the maturity of your account.
  • Interest earned can be transferred to a deposit account of your choice, delivered to you by check, or remain accruing in your certificate.
  • $500.00 deposit to open the account.
  • A balance of $500.00 must be maintained in order to earn interest.
  • No deposits can be made to this account until the maturity date.
  • Penalties may be imposed if a withdrawal is made to the principal before the maturity date. (See Your Deposit Account Disclosure for penalty amounts and terms)
  • This account will automatically renew at maturity.  You have 10 calendar days after the maturity date to withdraw your funds without a penalty.

IRA Certificate of Deposit and Money Market Account

It’s never too early to plan for your financial future.  A County Savings Bank IRA Certificate of Deposit or Money Market Account can be the tool for your nest egg.  With tax deferred earnings and the possibility of tax deductible contributions, our IRAs could be the retirement savings plan for you.

IRA Certificate of Deposit

 Description of Account
  • Fixed interest rate until the maturity of the certificate. Please see our Rate Schedule for available certificate terms and current interest rates.
  • Interest will be compounded daily and credited to you on a monthly, quarterly, semi-annual or annual basis.  You may also choose to receive your interest at the maturity of your account.
  • $1,000.00 deposit to open the account.
  • A balance of $1,000.00 must be maintained in order to earn interest.
  • No deposits can be made to this account until the maturity date.
  • Penalties may be imposed if a withdrawal is made to the principal before the maturity date. (See Your Deposit Account Disclosure for penalty amounts and terms)
  • This account will automatically renew at maturity.  You have 10 calendar days after the maturity date to withdraw your funds without a penalty.

IRA Money Market Account

Description of Account

  • Interest will be compounded on a daily basis and credited to your account on a quarterly basis.  See our Rate Schedule for current interest rates.
  • $100.00 deposit to open the account.
  • The minimum deposit amount is $50.00.

College Savers Account

The cost of education is always on the rise.  Prepare for your child’s future by opening a County Savings Bank College Savers Account.  It’s never easy to watch your children leave the nest, but knowing that you planned ahead will make it easier. 

 Description of Account

  • Interest will be compounded on a daily basis and credited to your account on a quarterly basis.  See our Rate Schedule for current interest rates.
  • $50.00 deposit to open the account.
  • Interest is earned on any account balance.
  • Minimum withdrawal amount is $1,000.00.
  • Minimum deposit amount is $25.00.
  • The term of this account can be from 3 to 10 years.
  • Penalties may be imposed if a withdrawal is made to the principal before the maturity date. (See Your Deposit Account Disclosure for penalty amounts and terms)
  • This account will renew automatically for a term of three years regardless of the original term.

Christmas Club Accounts

Avoid the Holiday hassles by planning ahead.  A County Savings Bank Club Account will provide you with your money just when you need it most.  You can relax and enjoy the season knowing that your holiday needs are taken care of. 

 Description of Account

  • Interest is compounded on a daily basis and credited to your account on a quarterly basis.  See our Rate Schedule for current interest rates.
  • $5.00 deposit to open the account.
  • A balance of $100.00 must be maintained in order to earn interest.
  • The term of this account is 50 weeks, generally starting early October and ending in late September.
  • If you withdraw from this account prior to the end of the club period a $20.00 fee may be imposed.

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