Personal Savings & CDs
Savings Accounts
Whether you’re saving for a vacation, schooling or just unexpected expenses – we’ll help you meet your goal. Save for what you want, the way you want.
Open an Online Savings account today!
*Note: Legacy Norry Bank Customers should log in to their online banking to open a new account.
Contact us, or visit one of our branches to open a Regular Statement, Youth, Custodial, or Christmas and All-Purpose Club Savings account.
For a list of our current account rates, visit our rates page.
|
No Monthly Fees |
Interest Paid |
Minimum Balance Required |
ATM Card Available |
Direct Deposit |
|---|---|---|---|---|---|
Regular Savings |
No |
Yes |
No |
Yes |
Yes |
Youth or Custodial Savings |
No |
Yes |
No |
No |
Yes |
Christmas & All-Purpose Club Accounts |
No |
Yes |
No |
Yes |
Yes |
Contact us for complete details on our savings accounts.
Certificates of Deposit
Certificates of Deposit offer a stable, FDIC-insured way to save your money. We offer a variety of flexible terms with higher–than–average interest rates when compared to a traditional savings account. Terms range from 6 to 60 months.
|
Minimum Deposit |
Automatically Renewable |
Interest Rate |
Interest Compounded |
|---|---|---|---|---|
Fixed Rate |
$500 |
Fixed |
Quarterly |
|
Variable Rate |
$500 |
Variable |
Quarterly |
|
Jumbo |
$100,000 |
Fixed |
Quarterly |
Fixed-Rate Certificate of Deposit
You can earn a higher fixed rate of interest by committing to a specified period of time, usually between 6 and 60 months. Interest will be compounded quarterly. You will have the option to compound the interest, transfer to a deposit account or receive the interest in the form of a check. Interest rates are tiered to account balance. Fixed-Rate CDs are automatically renewable and there is an early withdrawal penalty.
Variable Rate Certificate of Deposit
Variable Rate CDs are a savings account with higher interest rates and the flexibility of accessing funds periodically. Interest rates vary quarterly based on market conditions, and interest will compound quarterly. You receive one free withdrawal per calendar quarter, and you can make additional deposits to your CD. You will have the option to compound the interest, transfer to a deposit account or receive the interest in the form of a check. Variable Rate CDs are automatically renewable.
Jumbo Certificate of Deposit
With a Jumbo CD, a $100,000 minimum deposit is required. Interest will compound quarterly. You will have the option to compound the interest, transfer interest to a deposit account or receive the interest in the form of a check. Jumbo CDs are automatically renewable and there is an early withdrawal penalty. For a quote on a premium fixed rate for our Jumbo CDs, contact us at 888-966-6282.
