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Savings

To meet our customers’ needs, we offer a wide range of accounts for your savings needs. Look around to see which fits your savings plans.

Passbook Savings

  • Interest earned on your daily balance and compounded and credited semi-annually
  • No minimum deposit, no minimum balance to earn interest
  • No maintenance fee if the account is not dormant (dormant is if you have not made a deposit in twelve months)

Statement Savings

  • ATM access with Debit Card
  • Receive monthly statements and can be combined on your checking account statement
  • No minimum balance required to earn interest
  • Interest earned on your daily balance and compounded and credited semi-annually
  • $200 minimum opening deposit
  • A service fee of $3 will be imposed every statement cycle if the balance in the account falls below $2,500 any day of the cycle

Transfers from this account to another account or to third parties by preauthorized or automatic transfer are limited to six per statement cycle with no transfers by check, draft or similar order to third parties.

Christmas Club

Save throughout the year for Christmas gifts. Legacy Bank offers the Christmas Club account in four choices, pick the one best for your needs. Have a Merry Christmas. The required deposit for this account will be based on the Club the account holder chooses to join. The amount of the required deposit will be determined as follows:

Club
Required Deposit per Week
$100 Club $2
$250 Club $5
$500 Club $10

 

An early closing fee of $5 will be charged if the account is closed before maturity.