Deposits

Country Free Checking

An absolutely free checking account.

• No minimum balance.
• No service charge.
• Unlimited check writing.
• Check images returned with statement.
• Free ATM/VISA debit cards.
• 5 free foreign ATM withdrawals per month; after fifth, $1.50 per withdrawal. No charge at BSB ATMs.
• Free Internet Banking & Bill Pay.

Country Plus Interest Checking

A checking account that earns interest.

• Variable interest bearing account, tiered interest based on balance/interest paid monthly.*
• Minimum balance of $500.00, $6.00 maintenance fee for less than $500.00 balance.
• Unlimited check writing.
• Check images returned with statement.
• Free ATM/VISA debit cards.
• 2 free foreign ATM withdrawals per month; after second, $1.50 per withdrawal. No charge at BSB ATMs.
• Free Internet Banking & Bill Pay.
• Interest is compounded and credited to this account monthly.  If you close this account before interest is paid, you will not receive the accrued interest.
  
• Interest is calculated using the average daily balance method which applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.  The period we use to make this calculation is monthly.
  

Country Gold Checking

Account for those 62 years of age and above.

• Variable interest bearing account, tiered interest based on balance/interest paid monthly.*
• A minimum daily balance of $1,000.00 required to earn interest.
• No monthly service charge.
• Free club checks.
• Unlimited check writing.
• Check images returned with statement.
• Free ATM/VISA debit cards.
• 2 free foreign ATM withdrawals per month; after second, $1.50 per withdrawal. No charge at BSB ATMs.
• Free Internet Banking & Bill Pay.
• Interest will be compounded and credited to this account monthly.  If you close the account before interest is paid, you will not receive the accrued interest.
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
  

Business/Governmental Agency Account

An account for Partnerships, Corporations and LLCs with a Tax ID Number.

• Check images returned with statement.
• No maintenance fee if $500.00 average/available balance is maintained during statement period.
• $5.00 total charge for maintenance fee if balance drops below $500.00 average/available balance.
• 5 cents per check charge over 40 checks written.
• Free Internet Banking.

Money Market Savings Account

An account that earns more interest.

• Unlimited transfers permitted between accounts of the same depositor at Bank. (If done in person, by messenger, by mail or to pay loans at the Bank.)
• Up to 6 transfers a month permitted to another account of the same depositor at Bank or to a third party if preauthorized, automatic or telephone agreement (three of the six transfers may be made by check, draft, or debit card or similar order to a third party). If account exceeds 6 withdrawals per month - $6.00 charge per item. If account repeats violation of 6 withdrawals per month, Bank must convert to transactional account.
• Minimum balance to open is $1,000.00. If minimum balance falls below $1,000.00 - $6.00 charge per month.
• Variable interest bearing account, tiered interest based on balance.*
• Interest is compounded and credited to this account monthly.  If you close the account before interest is paid, you will not receive the accrued interest.
• Interest is calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period.  The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.  The period we use to make this calculation is monthly.
  

Country Savings Account

No fee/No minimum balance savings account.

• Interest bearing account/paid quarterly.*
• Unlimited transfers permitted between accounts of the same depositor at Bank. (If done in person, by messenger, by mail or to pay loans at the Bank.)
• Up to 6 transfers a month permitted to another account of the same depositor at Bank or to a third party if preauthorized, automatic or telephone agreement (three of the six transfers may be made by check, draft, or debit card or similar order to a third party).  If account repeats violation of 6 withdrawals per month, Bank must convert to transactional account.
• Debit card attached to this account has no usage fee if used at "Our ATMs". Any other ATM - 1 withdrawal per month without charge and $1.50 charge for each additional withdrawal.
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
  

Individual Retirement Account

An excellent tool for retirement and/or education savings.

• Four types to choose from: Traditional, Roth, and SEP IRAs as well as Coverdell Education Savings.
• Interest Bearing Account; Compounded/Paid Monthly
• No Annual Fee.
• One Free Premature Distribution per year; $10.00 fee for each thereafter.
  
• $20.00 fee for transferring funds out or closing the account.
• Accounts must be opened and/or funded by April 15th.
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
  

For information on contribution limits and deadlines as well as other information and restrictions, please contact our customer service department.

Health Savings Account

HSA functions like a Checking Account:

• Free Unlimited Transactions.
• Can write checks or use a FREE debit card on this account to pay for medical expenses.
• No Annual Fee.
• Interest Bearing Account.
• Minimum balance to open is $1.00.
• Interest is compounded and credited to this account monthly.  If you close this account before interest is paid, you will not receive the accrued interest.
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
  

Benefits of Opening a Health Savings Account:

• Allows you to save money for medical expenses and emergencies.
  
  
• Tax-sheltered Savings Account (Similar to an IRA).
  
  
• Tax benefits
  • Contributions are deductible.
  • Earnings grow tax-deferred.
  • Distributions used for medical expenses are tax free.
    
    
• Employers may contribute to their employee's HSA.
  
  
• Money in account does not have to be used up each year, can accumulate year to year.
  
  
• Customers must have a High-Deductible Health Insurance Plan to be eligible to contribute.
  2009: $1,150 (Individual) $2,300 (Family)
  2010: $1,200 (Individual) $2,400 (Family)
  
  
• Contribution Limits
  2009: $3,000 (Individual) $5,950 (Family)
  2010: $3,050 (Individual) $6,150 (Family)
  
  
• Catch up provisions for those over 55 and under the age of 65
  2009 & 2010: $1,000/year
  
  
• Contribution Deadline - Date on which you file your taxes (usually April 15).
  
  
• Direct Rollover from a medical savings account to health savings.

 

*See our Rate Sheet for current interest rates.