Savings

Savings Accounts

	Traditional Savings	Lil Buckaroo Savings
Minimum to open	$100.00	$25.00
Interest Paid	You must maintain a minimum balance of 100.00 in the account each day to obtain the disclosed annual percentage yield	You must maintain a minimum balance of 100.00 in the account each day to obtain the disclosed annual percentage yield
Interest Rate	See Rate Tab	See Rate Tab
Interest Compounding Schedule	Quartlerly	Quartlerly
Monthly Service Fee	2.00 if the minimum balance is below 100.00 any day of the month	None
Withdrawal Fee	1 free withdrawal per month, then 1.00 per withdrawal	1 free withdrawal per month, then 2.00 per withdrawal
Transaction Limits	Limit of 6 transactions	Limit of 6 transactions
Type of Statement	Regular	Regular

Requirements:	- Minimum balance to open is 1000.00 - Avaliable to individual and commercial customers
Benefits:	- No Monthly Service Charge - Wide range of investment terms ( 91 days thru 4 years) - Competitive interest rates ( see rate page ) - Certainty of knowing the return of your money - Higher interest rates than savings accounts
Cost:	- Penalties apply for principle withdrawal before maturity as follows: - 90 days interest penalty on the amount withdrawn if term of the cd is less than 1 year - 180 days interest penalty on the amount withdrawn if term of CD is 1 year longer

Requirements:	- Minimum balance to open is 1000.00 - Avaliable to individuals 70 1/2 who have earned income credit
Benefits:	- No Monthly Service Charge - Wide range of investment terms - Competitive interest rates ( see rate page ) - Certainty of knowing the return of your money - Principle can be tax deductible
Cost:	- 10 % IRS penalty applies for withdrawals prior to age 59 1/2 - 180 days interest penalty on the amount withdrawn applies if you withdraw principle before maturity