Platinum Preferred Savings Account®
Like the Junior Savings Account, there is no minimum balance requirement when you are 50 years of age or more. This interest-earning account is available in statement format.
| Minimum Opening Balance | $1.00 |
| Minimum Balance Required | None |
| Excess Withdrawal Fee 6 per month / 18 per quarter | $3.00 each** |
Easy To Open This Account
Our SimpleSwitch® system makes switching your bank accounts, direct deposit and automatic bill payment very simple. Fill out and submit this application form or come see one of our friendly personal bankers.
Interest Earning Accounts
The daily balance method of calculating interest is used on all interest bearing accounts. This method applies a daily period 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 non-cash items (checks). At our discretion, the interest rate or annual percentage yield may change without prior notice on variable rate accounts.
Withdrawal Limits
**Federal regulation allows for a maximum of 6 per month /18 per quarter pre-authorized, automatic, or telephone transfers each month, with unlimited in-person, ATM or by mail withdrawals permitted.
