Checking | Savings | CDs & IRAs | Loans | Rates

Savings Accounts

BOSS STATEMENT SAVINGS

Available to:	All customers
Interest Bearing:	Yes / Compounded monthly / Tiered-rate on a range of balances
Minimum to Open:	$5.00
Minimum Balance to earn interest:	$.01
Maintenance Charge:	None

You will receive a monthly statement of your account activity.

PASSBOOK SAVINGS

Available to:	All customers
Interest Bearing:	Yes / Interest is compounded semi-annually
Minimum to Open:	$25.00
Minimum Balance:	$25.00 (daily balance)
Maintenance Charge:	Balance below $25.00 / $2.00 monthly charge

An early withdrawal penalty of $5.00 is charged if the account is closed within sixty (60) days of the opening date.

HEALTH STATEMENT SAVINGS

Available to:	All customers
Interest Bearing:	Yes / Compounded monthly / If balance falls below minimum, interest will not be paid
Minimum to Open:	$100.00
Minimum Balance:	$100.00 (daily balance)
Maintenance Charge:	Balance below $100.00 / $3.00 monthly charge

You will receive a monthly statement of your account activity.

STATEMENT SAVINGS

Available to:	All customers
Interest Bearing:	Yes / Compounded monthly / If balance falls below minimum, interest will not be paid
Minimum to Open:	$100.00
Minimum Balance:	$100.00 (daily balance)
Maintenance Charge:	Balance below $100.00 / $3.00 monthly charge

You will receive a monthly statement of your account activity.

BOSS MONEY MARKET DEPOSIT ACCOUNT

Available to:	All customers
Interest Bearing:	Yes / Compounded monthly / Tiered rate on a range of balances
Minimum to Open:	$25.00
Minimum Balance:	$2,500.00 (daily balance)
Maintenance Charge:	Balance below $2,500.00 / $10.00 charge
Cost of Checks:	Free
ATM withdrawals:	Unlimited use at our ATM machine / 3 (three) free at Liberty Alliance machines / $0.75 foreign ATM machines
Special Criteria:	6 (six) transfers from your account / 3 (three) by third party If more than three payments to third parties are presented for payment excessively, we reserve the right to convert your account to a SUPER NOW account.

Unlimited Transactions:

• Deposits
• Automatic Loan Payment Transfer
• Withdrawal by telephone or mail
• Transfer by ATM, mail, or in person
• Withdrawal by ATM or in person (counter checks)

6 Transactions:

• ACH debits
• Overdraft Protection withdrawal
• 24/7 Transfer
• Telephone Transfer

3 Transactions:

• Check written out of account (3rd Party)
• Debit Card (Point of Sale) transactions

MONEY MARKET DEPOSIT ACCOUNT

Available to:	All customers
Interest Bearing:	Yes / Compounded monthly / If balance falls below minimum interest will not be paid
Minimum to Open:	$2,500.00
Minimum Balance:	$2,500.00 (daily balance)
Maintenance Charge:	Balance below $2,500.00 / $10.00 charge
Cost of Checks:	Free
ATM withdrawals:	Unlimited use at our ATM machine / 3 (three) free at Liberty Alliance machines / $0.75 foreign ATM machines
Special Criteria:	6 (six) transfers from your account / 3 (three) by third party If more than three payments to third parties are presented for payment excessively, we reserve the right to convert your account to a SUPER NOW account.

Unlimited Transactions:

• Deposits
• Automatic Loan Payment Transfer
• Withdrawal by telephone or mail
• Transfer by ATM, mail, or in person
• Withdrawal by ATM or in person (counter checks)

6 Transactions:

• ACH debits
• Overdraft Protection withdrawal
• 24/7 Transfer
• Telephone Transfer

3 Transactions:

• Check written out of account (3rd Party)
• Debit Card (Point of Sale) transactions

CHRISTMAS CLUB ACCOUNT

This is an interest bearing account.  The interest rate and annual percentage yield may change at the Bank’s discretion. 

• Contributions to this account can be made at any time.
• This account is available in automatic transfer and passbook form.
• The bank will issue a check for the entire balance of the account and mail to the customer in October.

Compounding frequency – Interest will be compounded annually.

Crediting frequency - Interest will be credited to your account annually.

Effect of closing an account – If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to obtain the annual percentage yield disclosed – You must maintain a minimum balance of $5.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method – 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.

Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash (for example, checks).

Transaction limitations – The minimum amount you can deposit is $5.00.

Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity). You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. There will be a $5.00 fee for withdrawals before maturity.  You cannot withdraw interest from your account before maturity. If any withdrawal is made from this account before maturity then this account may be closed. There are certain circumstances, such as the death or incompetence of an owner, where we may waive or reduce this penalty.

Non-automatically renewable time account – This account will not automatically renew at maturity. If you do not renew the account, interest will not accrue after maturity.

ALL PURPOSE CLUB ACCOUNT

This is an interest bearing account.  The interest rate and annual percentage yield may change at the Bank’s discretion. 

• Contributions to this account can be made at any time.
• This account is available in automatic transfer and passbook form.
• Funds may be disbursed on the 15th of the month chosen by the customer within one year of opening.

Compounding frequency – Interest will be compounded annually.

Crediting frequency - Interest will be credited to your account annually.

Effect of closing an account – If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to obtain the annual percentage yield disclosed – You must maintain a minimum balance of $5.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method – 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.

Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash (for example, checks).

Transaction limitations – The minimum amount you can deposit is $5.00.

Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity). You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. There will be a $5.00 fee for withdrawals before maturity.  You cannot withdraw interest from your account before maturity. If any withdrawal is made from this account before maturity then this account may be closed. There are certain circumstances, such as the death or incompetence of an owner, where we may waive or reduce this penalty.

Non-automatically renewable time account – This account will not automatically renew at maturity. If you do not renew the account, interest will not accrue after maturity