Save Money

Individual Checking

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Regular Checking Account

A monthly service charge of only $5 for an account with a minimum daily balance of less than $500; no monthly service charge for minimum daily account balance of $500 or more. A minimum of $100 is required to open the account.

NOW Account

Interest earned on the daily collected balance with no service charge. Minimum of $500 is required to open the account.

Interest-bearing Accounts

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Savings Account

You must deposit $100.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. An account with a minimum daily balance of less than $50.00 that has no activity during a quarter has a service charge of $1.00. After six months with no activity, the service charge will be replaced with a dormant account fee of $5.00. An excess item fee of $1.00 will be charged for each withdrawal in excess of six (6) during a calendar month.

Money Market Gold Account

You must deposit $2,500.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. A service charge fee of $5.00 will be charged each statement cycle. An excessive item fee of $1.00 will be charged for each withdrawal in excess of six (6) during a monthly statement cycle.

Certificate of Deposit

Various length of terms are available.

NOW Account

You must deposit $500.00 to open this account. If the minimum daily balance is below $500.00 with no activity within 182 days there is a dormant account fee of $5.00 each statement cycle.

Super NOW Account

You must deposit $1,500.00 to open this account. If the minimum daily balance is below $1,500.00 with no activity within 182 days there is a dormant account fee of $5.00 each statement cycle. A service charge of $.15 per item will be charged for each withdrawal in excess of 25 during each statement cycle.

For current rates and Annual Percentage Yields (APY), please contact us.

All depositors are insured for up to $250,000 by the Federal Deposit Insurance Corporation (FDIC).

Retirement Accounts

It is never too early to start saving for retirement or education.

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Traditional IRA

Still the favorite choice for retirement planning or rollovers! A Traditional IRA allows you to contribute a maximum of $5,000 per year. Contributions are generally tax deductible* and earnings are tax deferred* (Catch-Up contributions may be made by those who are at least age 50 by the end of the year). Consult a tax adviser regarding the deductibility of interest.

Roth IRA

A Roth IRA allows you to contribute based on your modified adjusted gross income. Contributions are not tax deductible*; distributions from a Roth IRA are not taxable* if they are made more than four (4) years after the end of the first year a contribution was made, if one of the following conditions are met.

  • after you are 59 1/2
  • because you are disabled
  • to a beneficiary or your estate after your death
  • to buy, build or rebuild a first home

 

For current rates and Annual Percentage Yields (APY), please contact us.

*First Security Bank Beaver does not provide tax, legal or accounting advice. The information here is for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal, and accounting adviser before engaging in any transaction.

All depositors are insured for up to $250,000 by the Federal Deposit Insurance Corporation (FDIC).