Hometown Banking With Your Neighbors & Friends
Deposit Products
- Checking
- Regular Checking Account
- $10 minimum deposit
- Free starting at the age of 62
- Free for full time students
- Free for non profit organizations, and estate accounts
- No service fee if a $500.00 balance is maintained
- $5.00 monthly service fee if balance falls below $500.00
- NOW Account
- Interest earned on daily collected balance
- $7.50 monthly service fee if balance falls below $1,000.00
- No service fee if a $1,000.00 balance is maintained
- Hometown Choice
- $100 minimum initial deposit
- No minimum balance requirement
- No monthly service charge
- Free intro pack of 50 duplicate checks
- Hometown Plus
- $100 minimum initial deposit
- Interest paid monthly
- Interest is earned each day the account's collected balance is $750 or above
- Monthly service fee if balance falls below $500 at any time is $6.00
- 400 free checks per year
- 30% discount on all subsequent check orders
- Savings
- Money Market Account
- Interest earned on daily collected balance
- Maximum of six debits by check, auto-withdrawal, debit card or similar order per statement cycle. No minimum transaction amount.
- $7.50 monthly service fee if average balance falls below $1,000.00
- Passbook Account
- Interest paid May 31st and November 30th.
- Four withdrawals per month allowed without a fee
- Christmas Club Account
- Interest paid annually
- Check issued for full account balance November 1st
- Money Market Account
- Individual Retirement Accounts
- Roth - Educational - Traditional- SEP
- $100.00 minimum initial deposit to start your IRA
- Interest compounded monthly
- See our current rates page for latest rate information
- Certificate Of Deposit
- We offer various terms on our CD's ranging from 3 to 60 months
- $1,000.00 minimum balance to open a CD
- Interest is paid, or compounded, semi-annually
- See our current rates page for latest rate information
All of your deposit accounts with us are federally insured with the FDIC. Contact our customer service representative to assist you with any questions you may have.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS.
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
