Savings

What you will need to open a new account:

• A U.S. address and Social Security Number
• A driver's license or state ID
• A second form of ID

Choose the account that fits your needs:

Regular Savings

• Interest bearing account. Tiered interest based on balance.
• Nine (9) withdrawals are allowed free from the account per calendar quarter. After this amount, there is a $1.00 charge per withdrawal. No more than six (6) pre-authorized transfers or withdrawals are allowed per month.

Health Savings Accounts

• Interest bearing account
• Save for future qualified medical expenses
• Must have high deductible health plan

Christmas Savings

• Automatic transfers from your checking or savings account to a Christmas savings account
• No withdrawals allowed unless closing the account
• Annual Christmas savings check issued in October

Money Market Account

• Average monthly balance of $1,000
• $10.00 service charge if balance falls below $1,000
• Federal Regulations limit transaction to 6 “convenient” transactions (check, transfer and debit card)
• Interest bearing account

Certificate of Deposits

Choose the account that offers you the best combination of interest and term to suit your financial needs. Terms range from 30 days to 5 years, with a $500.00 minimum to open.

Individual Retirement Accounts

It is never to early or to late to start saving for your retirement. With our selection of terms and attractive rates, we have an account that will help you save for the future. Select the account that is best for you. From traditional to Roth IRA's, and terms from 18 months to 5 years. Contact us for more information.

• IRA accounts are FDIC insured up to $250,000.00
• Protect your retirement plan investment by rolling it over into an IRA at Homestead Bank

See our FDIC Statement.