— Start small or big - a simple and hardworking reliable savings account.
Basic Savings Account
Minimum balance to open the account and obtain the annual percentage yield disclosed:
You must deposit a minimum of $50.00 to open this account. You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
Primary owners under the age of 18: Primary owners under the age of 18 that provide us with a birth date will have a $10.00 minimum to open and earn interest. The service charge fee will be waived. Excess withdrawal fee will be imposed upon the 18th birthday, the minimum balance will change to $50.00 and waivers will be removed. If the primary owner is a full-time student and notifies the bank of this status, the lower balance requirements for the account will continue on a year by year basis.
Minimum balance to avoid imposition of fees: A monthly balance fee of $2.00 will be imposed every month if the balance in the account falls below $50.00 any day of the month.
Rate Information: At our discretion, we may change the interest rate on your account at any time. A change in interest rate may change the annual percentage yield. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded and credited to your account every quarter. If you close your account before interest is credited, you will not receive the accrued interest.
Transaction limitations: Six withdrawals will be allowed each month. Transfers or withdrawals from a Basic Savings account to another account or to a third party by preauthorized, automatic, telephone, or computer transfer are included in the six per month. A $1.00 withdrawal fee will be imposed in excess of six per month.
Statement:You will receive a quarterly statement. Accounts with electronic activity (for example: direct deposits or withdrawals by ACH) will receive monthly statements.
Statement:You will receive a quarterly statement. Accounts with electronic activity (for example: direct deposits or withdrawals by ACH) will receive monthly statements.
Additional Services Available:
Online Banking
Mobile Banking
Online Statements
24 Hour Unlimited Phone Access
— Earn a higher interest rate on your hard earned savings.
Supreme Savings Account
Minimum balance to open the account and obtain the annual percentage yield disclosed: You must deposit a minimum of $500.00 to open this account. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.
Minimum balance to avoid imposition of fees: A monthly balance fee of $2.00 will be imposed every month if the balance in the account falls below $500.00 any day of the month.
Rate Information: At our discretion, we may change the interest rate on your account at any time. A change in interest rate may change the annual percentage yield. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded and credited to your account every quarter. If you close your account before interest is credited, you will not receive the accrued interest.
Transaction limitations: Six withdrawals will be allowed each month. Transfers or withdrawals from a Supreme Savings account to another account or to a third party by preauthorized, automatic, telephone, or computer transfer are included in the six per month. A $1.00 withdrawal fee will be imposed in excess of six per month.
Statement:You will receive a quarterly statement. Accounts with electronic activity (for example: direct deposits or withdrawals by ACH) will receive monthly statements.
Additional Services Available:
Online Banking
Mobile Banking
Online Statements
24 Hour Unlimited Phone Access
— Save for Christmas all year round.
Christmas Club Savings Account
Minimum balance to open the account and obtain the annual percentage yield disclosed: You must deposit a minimum of $5.00 to open this account with a maximum opening deposit of $2,500.00.
Rate Information: At our discretion, we may change the interest rate on your account at any time. A change in interest rate may change the annual percentage yield. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded and credited to your account annually on the day of the check for the year is produced.
Transaction limitations: Overall deposit limit of $10,000. Deposits can be made up to the second week of October for that year. Deposits can resume the first week of November for the following year. Your account will close if after thirty (30) days the balance remains $0.
Disbursement of funds: Account balances will be paid via check or transferred to another HOMEBANK account in third week of October.
Effect of closing the account: Accounts should not be closed before the third week of October. At management discretion, an account may be closed early in case of an emergency. If you close your account before interest is credited, you will not receive the accrued interest. Early withdrawal penalties of 10% with a minimum of $25.00 will apply.
Additional Services Available:
Online Banking
Mobile Banking
Online Statements
24 Hour Unlimited Phone Access
— Plan ahead and save for that vacation.
Summer Savings Account
Minimum balance to open the account and obtain the annual percentage yield disclosed: You must deposit a minimum of $5.00 to open this account with a maximum opening deposit of $2,500.00.
Rate Information: At our discretion, we may change the interest rate on your account at any time. A change in interest rate may change the annual percentage yield. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded and credited to your account annually on the day of the check for the year is produced.
Transaction limitations: Overall deposit limit of $10,000. Deposits can be made up to the second week of May for that year. Deposits can resume the first week of June for the following year. Your account will close if after thirty (30) days the balance remains $0.
Disbursement of funds: Account balances will be paid via check or transferred to another HOMEBANK account in the third week of May.
Effect of closing the account: Accounts should not be closed before the third week of May. At management discretion, an account may be closed early in case of an emergency. If you close your account before interest is credited, you will not receive the accrued interest. Early withdrawal penalties of 10% with a minimum of $25.00 will apply.
Additional Services Available:
Online Banking
Mobile Banking
Online Statements
24 Hour Unlimited Phone Access
— Take advantage to use this account for your healthcare expenses associated with your high deductible health plan.
Health Savings Account
Minimum balance to open the account and obtain the annual percentage yield disclosed: You must deposit a minimum of $50.00 to open this account. You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
Fees: A monthly maintenance fee of $3.00 will be imposed on this account during the statement cycle.
Rate Information: At our discretion, we may change the interest rate on your account at any time. A change in interest rate may change the annual percentage yield. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded and credited to your account every month. If you close your account before interest is credited, you will not receive the accrued interest.
Transaction limitations: The number of contributions and distributions is unlimited. The dollar limitations are customized to your individual insurance plan.
Additional Services Available:
Customer Choice: First check order (mini pack) or first debit card free
Visa Debit Card: Replacement debit card prior to normal expiration $10.00
Online Banking and Bill Pay
Mobile Banking
Online Statements
24 Hour Unlimited Phone Access