Savings Plans
Personalized Service, Common
Sense Lending.Â
Account
Information Rates and APY's For All
Savings Plans Accurate as of June 1,
2023
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Certificates of Deposit
An account which you agree will remain on deposit with the bank for a specified time or to a specific date. Three Month Certificates require a $500 minimum balance to open and other certificates require a $1,000 minimum balance to open. The Bank pays interest on the account but a penalty may be imposed for early withdrawal. Fixed Rate Certificates of Deposit
Regular fees or other conditions could
reduce the earning on an account.
*APY- Annual Percentage
Yield
Money Market Accounts An account for which the bank may at any time require prior written notice of intent to withdraw, but until such notice is required, withdrawals may be made at any time. Six checks may be written on the account each month. The Bank pays interest on the account. From time to time the rate and/or service charge will change; current information is available below. Minimum deposit to open the money market investment account is $1,000.00. Fee: $10.00 for any month the minimum balance is not maintained. Variable Rate Savings Account The interest rate and Annual Percentage Yield may change after a variable rate account is opened.
Regular fees or other conditions could reduce the earnings on an account. Please inquire for further information
concerning fees and terms applicable to
accounts.
*APY- Annual Percentage Yield IRAs Individual Retirement Accounts offered by the bank permit you to place funds in certificate accounts with certain possible tax advantages to you. The bank pays interest on the account but a penalty may be imposed for early withdrawal. We offer traditional, Roth and education IRA’s. Fixed Rate Certificates of Deposit including Individual Retirement Accounts
Regular fees or other conditions could
reduce the earnings on an account.
*APY- Annual Percentage
Yield
Health Savings Accounts (HSA) The Pineries Bank’s Health Savings Accounts (HSA) offers you several different account types to accommodate your need for the funds. Unlike employer based flexible spending accounts, HSAs allow you to rollover unused funds from year-to-year.Â
HSA Accounts (Health Savings Account) The interest rate and Annual Percentage
Yield may change after a variable rate
account is opened.
A penalty may be imposed for early withdrawal. Regular fees or other conditions could reduce the earnings on an account. Please inquire for further information concerning fees and terms applicable to accounts. *APY- Annual Percentage Yield Regular Savings Variable Rate Savings Accounts The interest rate and Annual Percentage
Yield may change after a variable rate
account is opened.
*APY- Annual Percentage Yield Regular fees or other conditions could reduce the earnings on an account. Please inquire for further information concerning fees and terms applicable to accounts. $2.00 will be assessed each month the balance in the account falls below $100.00 (minors excluded). A charge of $1.00 will be assessed for each withdrawal after the 4th withdrawal in a one month period. Christmas Club A popular option when trying to save money for the Holidays. Open up a Christmas Club account and make as many deposits, for any amount you would like, throughout the year. Once a year in October you will automatically receive a check of the existing balance in the account. Variable Rate Savings Accounts
The interest rate and Annual Percentage
Yield may change  after a variable rate
account is opened.
*APY- Annual Percentage Yield Regular fees or other conditions could reduce the earnings on an account. Please inquire for further information concerning fees and terms applicable to accounts. |