Personal Savings Solutions
Statement Savings
This Statement Savings account helps you save while offering a competitive rate of interest, compounded daily. No monthly service charges are assessed when you maintain a minimum daily balance of $100 plus:
- Up to six free electronic or automatic transfers per month.
- No service charges for transactions with your Personal Banker
- 24-hour ATM and Internet Banking
- Direct Deposit
- No monthly service charges for Overdraft Protection for your Checking Account
- Monthly statements that can be combined with your Checking or Personal Money Market Accounts
- Free Master Money™ Debit Card
- For children under age 18, we offer an account with no minimum balance requirements or monthly service charges
- FDIC Insured
Star Money Market Savings:
If you maintain a minimum daily balance of $100, you
will earn interest and pay no monthly service charges.
This account pays interest that is compounded daily,
and credited to your account monthly. You may have
up to six preauthorized transfers including: automatic, computer,
and Automated Clearing House (ACH) per month.
We use the daily balance method to calculate the interest on
your account. This method applies a daily periodic rate
to the principal in the account each day.
Other benefits include:
- First order of checks is free
- No service charges for transactions
with your Personal Banker
- 24-hour ATM and Internet Banking
- ATM Surcharge Refunds Nationwide*
- Direct Deposit
- No monthly service charges for Overdraft
Protection for your Checking Account
- Monthly statements
that can be combined with your Checking or Personal
Money Market Accounts
- Free Master Money™ Debit Card
- FDIC Insured
*Up to $3 per occurrence
Certificates of Deposit (CD)
In exchange for a fixed-term commitment of your funds, you will receive a high rate of interest, compounded daily, from the day of deposit to the day of withdrawal. You can set the term that meets your needs, ranging from 3 months to 5 years. CDs can be opened for as little as $1,000 and are a great way to watch your FDIC insured money grow.
Jumbo Certificates of Deposit (CD)
CDs in the amounts of $100,000 or more are available. Please see your Personal Banker for rates, terms and conditions.
Individual Retirement Accounts (IRAs)
An IRA is one of the best and easiest ways to plan for your future. Recent legislation enhanced the features of Traditional IRAs by creating two new types of non-deductible IRAs--the Roth and Educations IRAs--that feature tax-free distributions. IRA investments can be placed in any of our CD products or in Statement Savings where you can make additional contributions at any time. All interest is compounded daily. Depending on the type of IRA you choose, the interest you earn may either be tax deferred or tax free and the contributions you make may be tax deductible. Consult your tax advisor for advice on your limitations of tax deductions. Please see your Personal Banker with any questions, for terms and conditions of your account, and the current interest rate information.
Master Money™ Debit Card With your Master Money™ Debit Card, you can make withdrawals and purchases anywhere STAR or MasterCard is accepted, as well as deposits at most STAR machines. Your transactions are posted to your checking account and are detailed on your monthly statement.
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