Savings Options

Regular Savings Account

Best for those who want to earn interest on money which is not immediately needed to pay bills or make purchases but want to have almost immediate access to the money, in case it is needed.

  • $2.00 service fee per month if the account balance falls below $100.00 any day of the month
  • Interest is compounded and credited every quarter. Interest rates are subject to change
  • See savings account disclosure on the "Interest Rates" tab

 

 

Acorn Club Cash Keepers Account

This account is for children 13 and under. Same benefits as a regular savings account however the child will receive a $5.00 deposit to their account when they bring in their club birthday letter.

 

  • A minimum balance of $20.00 must be maintained in the account each day to obtain the disclosed annual percentage yield
  • Interest is compounded and credited every quarter. Interest rates are subject to change
  • See savings account disclosure on the "Interest Rates" tab

 

Holiday Club

A coupon savings program.

This is a variable interest rate account. The Annual Percentage Yield and interest rate may change. The interest rate is determined by the bank which may, from time to time, in its sole discretion change the interest rate and APY.

  • Interest will be compounded by the daily balance method. Interest rates are subject to change
  • Interest will be credited at maturity
  • Interest begins to accrue on the business day a non-cash item, that is a check, is deposited to the account
  • If you close this account before the accrued interest is credited, that interest will not be paid to you

TRANSACTION LIMITATION:
Withdrawals: This account does not permit withdrawals. If you wish to make a withdrawal from this account, the account may be closed.

The entire balance of your Holiday Club Account will be withdrawn from your account and paid to you by check or automatic transfer in October of each year you participate in the Holiday Club program.

Preferred Money Market Account

A high yield money market account

  • An interest bearing account. Rates may change after account opening
  • $10.00 service fee per month if the account balance drops below $5,000.00 any day of the month
  • Interest is compounded and credited every month
  • Check writing privileges available*
  • See checking account disclosure on the "Interest Rates" tab

*Checks, drafts, transfers to another or third parties by pre-authorized, automatic or telephone transfers are limited to 6 per month.  Click here for Preferred Money Market interest rates and tiers

 

 

 

The Fort Money Market Account

Secure investment account

  • An interest bearing account. Rates may change after account opening
  • $10.00 service fee per month if the account balance drops below $1,000.00 any day of the month
  • Interest is compounded and credited every month
  • Check writing privileges available*
  • See checking account disclosure on the "Interest Rates" tab

*Checks, drafts, transfers to another or third parties by pre-authorized, automatic or telephone transfers are limited to 6 per month.

Investment Saver CD

Investment Saver Certificate of Deposit offers you a fixed rate of interest with the following features:

  • Minimum opening deposit of $100.00
  • You can make additional transfers from an Old Fort Banking Account
  • Minimum transfer amount is $25.00 monthly
  • Additional deposits will be accepted
  • Available in 9, 18, or 23 months terms
  • See certificate of deposit disclosures on the "Interest Rates" tab