Personal Banking
Louisiana Personal Savings Accounts
Personal Savings
A Savings account is a deposit account, which pays interest and is used by the customer to accumulate funds over a period of time.
Minimum deposit to open an account is $100.00.
|
Minimum Daily Balance |
Interest Rate |
Monthly Maintenance Charge |
|---|---|---|
| $250 and above | Market | No monthly Fee |
| $101 to $249 | Market | $1.00 |
| Below $101 | -0- | $2.00 |
Withdrawals: One free per month, then $2.00 per withdrawal. Early closeout charge of $20.00 applies to accounts closed within 6 months of opening. Duplicate passbook is available for $3.00.
Christmas Clubs
A Christmas Club Savings Account is a personal deposit account, which pays interest and is used by the customer to accumulate funds over a period of time.
Christmas Club Savings Accounts can be opened with a minimum deposit of $5.00. Applications to open a club account are taken starting November 1 of each year, and deposits may be made through October 31 of the next year. Accounts accrue market rate interest which is added to your check at the end of the 50 weeks. This is not a transactional account.
