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Personal Savings Accounts

We have the RIGHT account for you!
Benefits For All Account Holders
Free online banking Free photocopies up to 5 pages
Free bill pay service Free 24 hour telephone banking
Free retirement analysis Free fax service
Free debit or atm card Free notary service
Free e-statements FDIC Insurance

 

Savings Account

  • Pays variable rate of interest
  • Deposits & withdrawals may be made at any time in any amount
  • Quarterly statements. Monthly statements available with checking.
  • Eliminate monthly service fees by maintaining a daily balance of $100 or more
  • $100 minimum deposit required to open this account.

Junior Savings

  • No minimum balance requirements to minors (under 18 years of age)
  • Deposits & withdrawals may be made at any time in any amount
  • Get a free Sugar River Bank piggy bank when you open your account

Student Center Certificate of Deposit (CD)

A time deposit account that has a set period of investment and a return depending on the rate at the time the initial deposit is made. Money must be used for purposes of continuing education at an accredited institution.
  • Make additional deposits at any time
  • Parents, grandparents and students can contribute to the Student Center CD
  • Interest rate remains the same throughout the 2 year term.
  • Interest is added to CD amount on a quarterly basis

A $100 initial deposit is required to open this account.


Certificate of Deposit (CD)

A time deposit account that has a set period of investment and a return depending on the rate at the time the initial deposit is made.
  • A choice of maturity terms ranging from 6 to 60 months
  • Competitve rate of interest
  • Automatically renewed at current rates upon maturity to insure there is no loss of earnings
  • FDIC Insured

A $2,000 initial deposit is required to open this account.


IRA Certificate of Deposit

A time deposit account that has a set period of investment and a return depending on the rate at the time the initial deposit is made.

A great way to save for a financially secure retirement.

We offer a wide range of retirement products.

  • Contributions may be tax deductible*
    *Check with your tax advisor to see if you qualify for this benefit.
  • Earnings grow tax deferred
  • Interest remains the same throughout the term of the certificate
  • Interest is added to the principle on a quarterly basis

A $100 initial deposit to open an Add-On IRA.
A $2,000 initial deposit to open any other type of IRA.


 

 

Member FDIC

The Bank of New Glarus and Sugar River Bank


Equal Housing Lender