|
You want flexibility in your savings and investment plans, and
we have what you need.
 Regular Savings Accounts offer the most stable rates and lower
minimum opening deposit amounts.
Money Market Accounts give you a market rate of interest and the
opportunity for a limited number of check withdrawals.
Certificates pay the highest return for committing to leave your
money on deposit for a specific time period. (There is a
substantial penalty for withdrawal of funds from CD accounts
prior to maturity.)
We have what you need at Collegiate Peaks Bank.
All depositors are insured by the FDIC.
Savings and Investment Account Options
|
Features |
Regular Savings
Account |
Minor
Savings
Account |
Money
Market
Account |
Certificate Of
Deposit |
|
Interest rate Structure |
One level |
One level |
Tiered |
One level |
|
Frequency of rate change |
Quarterly |
Quarterly |
Weekly |
Only at Maturity |
|
Minimum balance to open |
$300 |
No Minimum |
$2500 |
$1000 |
|
Available without monthly
service fee? |
Yes, with $300
balance |
Yes, no monthly
service fee |
Yes, with $2500 minimum
balance |
Yes |
|
Monthly service fee if below
Minimum |
$3.00 |
N/A |
$10.00 |
N/A |
|
Monthly transaction fee |
$1.50 each over 3/mo. |
$1.50 each over 3/mo. |
$2.00 each over 3/mo. |
N/A |
|
Special features |
|
Minors eligible to age 17 |
Banking regulation limits
withdrawals to six (6) per month. Three (3) of the
withdrawals may be by check. |
Automatically
renewable
Optional interest
payment frequencies
Penalty for early
withdrawal |
Member F.D.I.C • Equal Opportunity Lender • Equal
Housing Lender
 |
