Personal Savings Accounts

PERSONAL SAVINGS ACCOUNTS

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Now is the best time to build for the future. Choose from any Midwest Community Bank’s products tailored to meet your individual needs.

SAVINGS
  • You must deposit $100 to open this account
  • A service charge of $5.00 will be imposed every quarterly statement cycle if the balance in the account falls below $100.00 any day of the cycle.
  • Interest will be compounded every quarter.
  • Interest will be credited to your account every quarter.
  • May have ATM capabilities if a checking account is established
  • Semi-annual statement or one that is combined with your monthly checking account statement
  • Limited to 6 pre-authorized, automatic, telephone, or Online Banking transactions each month.
SENIOR & CHILDREN’S SAVINGS
  • Children 17 & younger
  • Seniors 62 & older
  • You must deposit $1 to open this account
  • No service charge
  • Interest will be compounded every quarter.
  • Interest will be credited to your account every quarter.
  • May have ATM capabilities if a checking account is established
  • Semi-annual statement or one that is combined with your monthly checking account statement
MONEY MARKET ACCOUNT
  • You must deposit $2,500 to open this account
  • A service charge of $3.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
  • Interest will be compounded every month
  • Interest will be added to your account every month.
  • Limited to six preauthorized withdrawals, checks, drafts, or debit card transactions or similar order to third parties per month.
  • Minimum amount you can withdraw is $100.00 per withdrawal.
CHRISTMAS CLUB ACCOUNT
  • No minimum balance
  • Interest will not be compounded.
  • Interest will be credited to the account at maturity.
  • Unlimited deposits accepted including auto-transfers from checking account
  • If any withdrawal is made from this account before maturity then this account may be closed.
  • A withdrawal fee of $5.00 and your account will be closed if any withdrawal is made after the first seven days the account is opened.
  • Christmas Check is issued with accrued interest in the month of October
CONTACT US FOR ADDITIONAL INFORMATION