It's Time to Start Saving

Ready to start saving? Fill out the short application below. After we receive your application, a customer service professional will contact you within two business days to complete the process. If a form is submitted on a holiday or weekend, the two business days will begin once we return to regular business hours. You will need to bring 2 forms of identification and personally visit one of our locations to finalize and fund your account. If you have any questions, don't hesitate to contact us!

 

Regular Savings

  • Minimum opening deposit - $100
  • Interest compounded and paid quarterly
  • If account is closed before interest is paid, any accrued interest may be forfeited.
  • Unlimited deposits
  • Quarterly statements
  • $2.00 per quarter service charge if balance falls below $200 on any day during the quarter. Fee WAIVED if receiving E-Statements or if an overall average daily balance in deposit relationships is $10,000 or greater.
  • Two withdrawals allowed per calendar month - each additional withdrawal $1.00 each
  • ATM Card (for use at an ATM only) - $1.00 per card per statement cycle. 
  • Free 24-Hour account access through eBanking or 24-Hour Banking Anytime line
  • If Regular Savings account is closed within 90 days of opening, a $25 fee may apply before the account is closed.

A little here and a little there goes a long way later. Try our savings calculator to see what a big difference a little makes.

Young Planters Savings

  • No minimum opening deposit
  • Interest compounded and paid quarterly
  • If account is closed before interest is paid, any accrued interest may be forfeited.
  • Unlimited deposits
  • Quarterly statements
  • No service charge
  • Must be 16 years of age or younger - account will be converted to a Regular Savings at age 17
  • Two withdrawals allowed per month - each additional withdrawal $1.00 each
  • ATM Card (for use at an ATM only) - $1.00 per card per statement cycle.
  • Free 24-Hour account access through eBanking or 24-Hour Banking Anytime line

A college education is priceless, but you should start saving now! Check out our college savings calculator to help make your plans.

Christmas Club

  • Minimum opening deposit - $5
  • Must have an active checking account to open Christmas Club
  • Interest compounded and paid annually in November. Account balance and earned interest is deposited into your checking or savings account.
  • If account is closed before interest is paid, any accrued interest may be forfeited.
  • Maximum deposit is $500 per week
  • If three withdrawals or more are made from a Christmas Club account before maturity in November, the account may be closed and no interest paid.
  • Free 24-Hour account access through eBanking or 24-Hour Banking Anytime line
  • If Club account is closed within 90 days of opening, a $25 fee may apply before the account is closed.


Important Information Regarding Savings Accounts

Savings accounts are limited transaction accounts. According to banking regulations, a depositor may make no more than six (6) covered transactions/withdrawals per calendar month.* Covered transactions/withdrawals include:

  • Transfers or withdrawals made to another account of the same depositor at the same bank, if made by:
    - Preauthorized transfer
    - Automatic transfer
    - Telephone, including fax, or
    - M&P's Online or Mobile Banking services
  • Transfers or withdrawals to a third party (or to an account of the customer at another bank), if made by:
    - Preauthorized transfer (ACH)
    - Automatic transfer
    - Telephone, including fax, or
    - M&P's Online or Mobile Banking services
    - Similar order made by the depositor and payable to third parties.

*Repeated violations of excessive covered transactions could result in the account being closed or converted to an interest bearing checking account.