Premium Investment Fund

We’re Still Community….

Your hometown community bank since 1952.

 For more information, please call us at 753-1521.

  • Open this account with a minimum deposit of $25,000.00.  For balances over $10,000 you will earn our premium interest rate.  This account allows six (6) withdrawals and in-bank and/or phone transfers per month.  Each transaction beyond six (6) will be charged $10.00 per transaction.
  • The Premium Investment Fund is an interest bearing account.  At our discretion, we may change the interest rate and/or tiered dollar levels on the account daily.  On the days the balance is below $1,000.00, the account will not earn interest. Interest begins to accrue no later than the business day we receive credit for the deposit of non cash items (for example: checks).  Interest will be compounded monthly.  Interest will be credited to the account monthly.  If you close the account before interest is credited, you will not receive accrued interest.
  • If you maintain a daily balance of at least $10,000 every day of the month, there will be no maintenance fee.  If your balance goes below $10,000.00 at any point during the month, there will be a $20.00 maintenance fee for that month.
  • A $5.00 monthly inactivity fee will be charged for inactive accounts with balances of $50.00 or less. This fee can be avoided by keeping your account active. An account becomes inactive after one year of no activity on the account. Activity is defined as any transaction, such as a withdrawal, deposit, bill payment or ACH payment. An account inquiry, such as checking your balance in Option Online (internet banking) or at an ATM, is not a transaction and does not count as activity. If the account balance is less than $5.00, the account will be debited for the remaining balance and the account will be closed.