Personal Savings & Investment Accounts


Change Up Savings: Save money when you spend.
Sounds crazy, right? Not if you enroll in our Change Up debit card round-up savings program.

Change Up allows you to round up purchases made with your CSB Visa debit card to the next whole dollar amount and then deposit the difference into your savings account. If you buy a soda and a candy bar for $2.50, we will round it up to $3.00 and put the extra $.50 into your savings. The more you use your debit card, the more you will save!

Contact a customer service representative today to enroll!



Savings Accounts

Regular Savings1

Health Savings1

Christmas Club1

Money Market1

Premium Money Market1

Minimum Opening Deposit $10.00 None $3.00 $1,000.00 $50,000.00
Interest Computation Method Average Daily Balance2 Average Daily Balance2 Average Daily Balance2 Average Daily Balance2 Average Daily Balance2
Interest Compounded & Credited Quarterly Monthly Interest is not compounded & is credited annually Monthly Monthly
Statement Period Quarterly Monthly Annually Monthly Monthly
Statement Delivery Options Free eStatements

OR

$1.50 paper statement delivery fee per statement cycle (waived for customers aged 62 or older)
Free eStatements

OR

Paper statements
Free eStatements

OR

Paper statements
Free eStatements

OR

$1.50 paper statement delivery fee per statement cycle (waived for customers aged 62 or older)

Statement includes imaged checks & deposits
Free eStatements

OR

$1.50 paper statement delivery fee per statement cycle (waived for customers aged 62 or older)

Statement includes imaged checks & deposits
Service Charges $3.00 quarterly if balance falls below $100.00 None None $10.95 monthly if balance falls below $1,000.00 $10.95 monthly if balance falls below $1,000.00
Other Fees $5.00 dormant account charge per quarter if balance is less than $500 and account has been inactive for 12 months

$2.95 excess withdrawal fee per withdrawal over 6 per quarter
$25.00 early closure fee if closed within 180 days of account opening $3.00 early close-out fee $5.95 dormant charge per month if balance is less than $500.00 and account has been inactive for 12 months

$10.95 excessive withdrawal fee over 6 withdrawals per statement cycle
$5.95 dormant charge per month if balance is less than $500.00 and account has been inactive for 12 months

$10.95 excessive withdrawal fee over 6 withdrawals per statement cycle
Free Online, Telephone and Mobile Banking5 Yes Yes Yes Yes Yes
Additional Details Eligible for Change Up enrollment Tiered interest bearing account

Account access is via Visa debit card

To be eligible for a Health Savings Account (HSA), an individual must be covered by a HSA qualified High Deductible Health Plan (HDHP) and must not be covered by other health insurance that is not an HDHP.
Account is automatically renewable on an annual basis with a fourteen (14) day grace period

No partial withdrawals
Tiered rate account

Allows check writing
Tiered rate account

Allows check writing



IRAs and CDs

Individual Retirement Accounts
Traditional or Roth, Fixed or Variable Rates Available

Certificates of Deposit

Minimum Opening Deposit $1,000.00 $1,000.00
Terms 18 months Various terms ranging from three (3) months to sixty (60) months
Interest Computation Method Daily Balance4 Daily Balance4
Interest Calculation3 Simple Simple
Interest Crediting Semi-annually Credited to your account or paid to you according to the terms of the CD
Statement Period Annually N/A
Statement Delivery Options Free eStatements

OR

Paper statements
N/A
Early Withdrawal Withdrawals before age 59-1/2 may be subject to a penalty of 6 months’ interest on the amount withdrawn. This penalty will be calculated using the rate in effect at the time of withdrawal. The annual percentage yield (APY) assumes interest remains on deposit until maturity. A withdrawal will reduce earnings. Withdrawals made before the maturity date may result in the following penalties:
Term
<12 months
12 months & greater
Penalty
6 months’ interest
12 months’ interest
Additional Details Contributions may be tax deductible, and interest income may be tax deferred.

If account is closed before interest is credited, you will receive the accrued interest.

Interest rates and annual percentage yields may change as often as weekly for variable IRAs or at maturity for fixed rate IRAs.
The interest rate on your account will be paid until maturity of your certificate.

No additional deposits may be made into your CD after it has been opened.

1The interest rate is a variable rate and we may change the interest rate on your account at any time.
2The Average Daily Balance method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
3Interest calculation is either simple or compound. Simple interest is interest paid only on the original balance. Compound interest is interest paid on the original balance plus the accrued interest.
4The Daily Balance is determined by the application of a daily periodic rate to the principal in the account each day.
5Fees from your mobile or data carrier may apply.


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