Personal Savings

Regular Savings
This account is designed for people who enjoy the benefit of separating savings funds from a checking plan. This account has tiered interest rates. The minimum opening deposit is $25.00.

• Nine free withdrawals per quarter (in person or ATM)
• ATM transactions on HCB ATM machines
• Quarterly statements
• Interest paid quarterly

Fees: Quarterly service charge of $3.00 waived by $25.00 minimum daily balance in Regular Savings Account. Over nine withdrawals per quarter, $1.00 per withdrawal. Closing account within 90 days of opening, $10.00.

Interest Tiers:
$0 - $999
$1,000 - $ $9,999
$10,000 - $24,999
$25,000 +

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Children’s Savings
The Children’s Savings account is designed to assist children and young adults in their efforts to save for the future.

• No minimum to open
• No minimum balance required until age 18
• Nine free withdrawals per quarter

Fees: Over nine withdrawals per quarter, $1.00 per withdrawal. After age 18, account will convert to a Regular Savings account. Closing of account within 90 days of opening, $10.00.

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Christmas Club Savings Account
The Christmas Club Savings Account is designed for you to save for Christmas.

• $10.00 minimum to open

Fees: $3.00 per withdrawal. Christmas Club Checks will be sent to customers during October of each year. Closing account within 90 days of opening, $10.00. If you close your account before interest is credited, you will not receive the accrued interest.

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Money Market Savings
The Money Market account is designed for individuals who want to earn competitive interest rates on savings funds and have immediate access to their money. The minimum opening deposit is $1,000.00.

• Three checks and three pre-authorized withdrawals are permitted per statement period
• Free check imaging
• Free 24-hour bank-by-phone service
• Unlimited withdrawals if done in person or unlimited ATM transactions on HCB ATM machines
• No annual fee VISA/Mastercard, subject to credit approval

Fees: Monthly service charge of $10.00 waived by: $1,000 minimum balance in Money Market. $5.00 fee per withdrawal in excess of six per month.

Interest Tiers:
$0 - $999
$1,000 - $9,999
$10,000 - $24,999
$25,000 - $49,999
$50,000 - $74,999
$75,000 +

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Business Savings Accounts

Business Money Market
The Business Money Market Account is designed for businesses who want to earn competitive interest rates on savings funds and have immediate access to their money. The minimum opening deposit is $2,500.00.

• Three checks and three pre-authorized withdrawals are permitted per statement period
• Free check imaging
• Free 24-hour bank-by-phone service
• Unlimited withdrawals if done in person

Fees: Monthly service charge of $10.00 waived by $2,500 minimum balance in Business Money Market. $5.00 fee per withdrawal in excess of six per month.

Interest Tiers:
$0 - $9,999
$10,000 - $99,999
$100,000 - $249,999
$250,000 +

Note: Under federal regulation, transfers from a Money Market account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per month with no more than three by check, draft or similar order to third parties. If this limitation is exceeded on a regular basis, we are required to convert your account to another account that permits unlimited check-writing privileges. We will determine the number of third-party checks for your statement period based on the posted date of those items.

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