Savings - Brochure

Passbook Savings Account

Our traditional savings account requires only a $200.00 minimum deposit to open the account, earn competitive interest rates and avoid a monthly service charge. You'll receive a personalized account book and each of your transactions will be immediately recorded.

Youth Savings Account

You must be 18 years or younger to qualify. The account has the same great benefits as a Passbook Account, but you only need $50.00 to open the account and avoid a monthly service fee. You begin to earn interest with a $100.00 balance. You may open the account as a custodial account or in the youth's name & social security number.

Statement Savings

With our statement savings account, you earn competitive interest rates on a balance of $200.00 or more, receive a monthly statement and maintain your own account register of transactions. A $200.00 deposit is required to open the account and to avoid a monthly service fee. You have the added convenience of accessing your Statement Savings Account through a 24 hour ATM card that works on ATM's throughout the United States.

Personal Money Management

Enjoy the competitive rates and security of a Certificate of Deposit and the flexibility of a Money Market Account rolled into one. With this account, you will earn a competitive interest rate that is periodically adjusted.

Features:

• Unlimited transfers, deposits or withdrawals at any branch
• Unlimited transfers through Keystone Direct (24 hour telephone service) and Online Banking
• Write one check per monthly cycle
• $5,000 minimum balance

Money Market Accounts

Our high yield Money Market account requires a minimum opening balance of $1,000 and provides the ultimate convenience and flexibility. This account is designed so that the higher the balance in your account, the higher the rate of interest earned.

Rates are reviewed weekly and are periodically adjusted to reflect market conditions. In order to avoid a monthly service charge, you must maintain a minimum daily balance of $1,000.

Features:

• Make up to six transfers to a third party per statement cycle, including up to three by personal check
• Transfer funds into your First Keystone Bank checking account and write unlimited checks
• Convenience of an ATM MasterCard® Debit Card, good throughout the United States and abroad.

Certificates of Deposit

First Keystone Bank's Certificates of Deposit earn High Interest Rates and give you a guaranteed rate of return. All First Keystone Bank's certificates are federally insured up to the maximum amount allowed by the FDIC.

• 91 Day and 6 Month Certificates
  $1,000 Minimum Balance requirement.
• 12 Month, 18 Month, 30 Month, 4 Year and 5 Year Certificates
  $500.00 Minimum Balance requirement.
• 24 Month Variable Rate CD.
  It's flexible, it's convenient and it rewards you to save. With this tiered rate CD, the more you save, the more you earn. Plus, you have the convenience of one withdrawal per calendar quarter with no penalty. The tiered rates are calculated on the 90 day discounted Treasury Bill as follows.
  • $20,000 or more - 90-day discounted Treasury Bill rate
  • $7,500 - $19,999 - 90-day discounted Treasury Bill rate minus ¼%
  • $1,000 - $7,499 - 90-day discounted Treasury Bill rate minus ½%
  • Balances below $1,000 - earn no interest
• College Bound Certificates
  To answer the needs of today's parents and grandparents, we have our "College Bound CD", a variable rate, 5 year CD that requires a minimum initial deposit of only $50.00 and you can add to it at anytime with a minimum deposit of just $10.00. A deposit in our College Bound CD is an investment in your child's future that parents, grandparents, friends, and relatives can give for any occasion. Additional deposits of $10.00 or more may be added to the CD at any time during the original 5-year term, increasing the worth of the CD without extending the term of deposit.
• SPECIAL CDs
  Often First Keystone Bank has specials on CDs with varying terms of maturity
  See Rates for current promotions.

IRA and SEP Accounts

An IRA is a good investment for all wage earners because your earnings are tax deferred. Those who own businesses, or who have professional occupations and do not otherwise derive retirement benefits from a pension plan, may be eligible for the deductions provided by a SEP Account.

First Keystone Bank's Pension Coordinator is a specialist in IRA and SEP Accounts and can assist you in selecting the appropriate plan for your retirement.