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Personal Banking -
Savings Options
Traditional Savings
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Interest is compounded quarterly and is credited to the account quarterly
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Limited to three withdrawals per month
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Withdrawal fee of $2.00 for each withdrawal in excess of three per month
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Quarterly statements issued
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Premium Savings
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Premium interest rate
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Must maintain aggregate deposit balances with Twin Lakes Community Bank of at least $25,000.00,
or aggregate deposit/loan balance of at
least $50,000.00,
to avoid a $12.00 monthly maintenance fee
(excludes mortgage and commercial
loans.)
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Interest is compounded quarterly and is credited to the account quarterly
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Limited to three withdrawals per month
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Withdrawal fee of $2.00 for each withdrawal in excess of three per month
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Quarterly statements issued
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Santa Savings
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Interest will not be compounded, but will be applied to the account annually
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No minimum balance requirement
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Checks will be issued each November
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Withdrawals prior to the issue of checks will result in a $5.00 service charge per withdrawal
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