The Hamilton Bank offers different options for you to save your money. A Savings account is a simple and easy way to save for the future, yet still have access to your money in the event of an emergency. Our Money Market accounts are a great way to earn interest on money you may not use every day, but still need access to on occasion. A CD is different from a traditional savings account in several ways. A CD Is called a timed deposit. With a CD you agree to keep your money there for a set period of time, called the term length. The longer the term length, or the time you commit to keeping your money in the account, the higher the interest rate you’ll earn.
Savings Account
- Minimum opening deposit of $25
- No monthly fee if balance is greater than $25
- Three withdrawals allowed per quarter with no charge
- Six transfers to internal accounts allowed each month
- ATM card available
- Quarterly statements with check images provided
- Contact the bank for more detailed service charge information
Money Market
- Minimum opening deposit of $2,500
- No monthly fee if daily balance is greater than $100
- Interest earned on balances above $2,500
- Six withdrawals allowed each month
- Monthly statement with check images provided
- Free internet banking
- Contact the bank for more detailed service charge information
Certificate of Deposit
- Minimum opening deposit of $500
- Automatic renewal
- Guaranteed rate for length of term
- Early withdrawal penalties may apply
- FDIC Insured
- Fees may reduce earnings
