Platinum Savings Account
- $25.00 minimum opening balance
- $200.00 minimum daily balance required to avoid a $2.00 monthly service charge
- Interest earned on daily balance and paid monthly
- Regulation permits six (6) preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transaction from your account per month or statement cycle.
- $1.00 Excessive Withdrawal Fee per item (withdrawal or transfer) in excess of regulated allowance.
- Minor Savings Accounts available (under 18 years of age) - exempt from monthly service charge, $1.00 minimum opening balance
Holiday/Vacation Club Account
- $1.00 minimum opening balance
- Interest earned on daily balance and paid at maturity
- Any withdrawal prior to end of club year will result in the closing of the account
Tiered Money Market Account
- $100.00 minimum opening balance
- $2,500.00 minimum average daily balance required to avoid a $12.00 monthly service charge
- Interest earned on daily balance and paid monthly
- Regulation permits 6 preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transaction, from your account per month.
- $7.50 Excessive Withdrawal Fee per item (withdrawal or transfer) in excess of regulated allowance. Excessive withdrawals may result in conversion to a NOW Checking Account.
Time Deposit
- $500.00 minimum opening balance
- 90 Days
- 6 Months
- 1 Year
- 2 Years
- 3 Years
- 4 Years
- 5 Years
Interest from your Certificate of Deposit can be directly deposited monthly to your Englewood Bank & Trust account.
Individual Retirement Accounts
- $50.00 minimum opening balance
- No opening fees of any kind
- Maturities one to five years
Early time deposit contract termination penalties apply to both Time Deposits and Individual Retirement Accounts (IRAs). The bank reserves the right to enforce the full term of any time deposit contract. If early contract termination is agreed to by the bank, the penalties and/or administrative fees would be applied as disclosed with the pertinent documents at date of issue.
This is not a complete disclosure for Truth in Savings. For complete disclosure information on each account, please contact our office.
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