Savings accounts disclosures, rates and fees


Savings account rates
Effective Date: Wednesday, June 19th, 2024
AccountMinimum balance to earn dividends*Dividend rateAnnual Percentage Yield (APY)
Basic Savings $100.00 0.15% 0.15%
Scottie Savers** $5.00 0.15% 0.15%
TLT (Teen) Savings** $5.00 0.15% 0.15%
Minimum balance to open all savings accounts is $5.00.

* Minimum balance that must be maintained each day to earn dividends.

** Members under 18 require a parent or guardian as a joint signer.


Savings account fees
Effective Date: Wednesday, June 19th, 2024
Fee typeProduct fees
Basic Savings account
$250 minimum balance
No charge
Less than $250 minimum balance
$3.00 / calendar month
Scottie Savers Club - Age 0 to 12 No charge
TLT Savings account No charge
Basic Savings must maintain a minimum daily balance of more than $250 or, if less than $250, have one other account type to avoid a $3 service fee per calendar month. If you have multiple Basic Savings Accounts, each account may receive a separate fee based on each individual balance. The $3.00 fee is not applicable to Scottie Savers or TLT Accounts.
Overdraft Paid (Courtesy Payment)
$10.00 or less No fee
$10.01 or greater $10 per presentment**
Returned Item fee (non-sufficient funds)
$10.00 or less No fee
$10.01 or greater $3 per presentment***

** Overdraft Paid fees are limited to a daily maximum of 5 overdraft fees per day per account.

***Returned Item fees are limited to one per day per account. We may charge a fee each time an item is submitted for payment.

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