The Passbook Savings account is a convenient way of maintaining easy access to your money while earning interest and putting away a few extra dollars to save for the future. There is no minimum deposit required to open a Passbook Savings account. The benefits are:
- Account will earn interest at rate determined by the Community State Bank.
- Interest will be credited to the account on a semi-annual basis*.
* Interest rate may change after the account is opened
There is no monthly service fee for maintaining a Passbook Savings account. Transfer to another account or to third parties by telephone transfer are limited to six per month with no transfers by check, draft, debit card, or similar order to third parties.