| Account |
Minimum Amount |
Rate |
APY |
Interest Calculated |
Penalty |
| Passbook |
$25.00 |
1.00 |
1.01 |
Daily |
None |
| Money Fund |
$5,000.00 |
1.00 |
1.01 |
Daily |
None |
The minimum required to open a savings account is $25. Accounts with balances falling below $25 will automatically be charged a $1 service fee per month. Additions to savings passbooks have no minimum amount.