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Personal Savings


Statement Savings

Basic savings to meet everyday needs.

  • $100.00 opening balance - A deposit of $100.00 is required to open this account.
  • Minimum balance - A minimum balance of $100.00 must be maintained. A maintenance fee of $4.00 will be imposed every month if the balance in the account falls below $100.00 any day of the month. Other fees may be charged to your account. A complete listing of these fees can be found in the Fee Schedule. Please contact any of our offices for a current Fee Schedule.
  • Quarterly Statement - The account receives a quarterly statement. (Monthly, if there are any electronic transactions)
  • This account can be linked to any FNBM Checking Account for overdraft protection. The transfers will occur in increments of $100.00 and you will be charged $5.00 per transfer.
  • Interest - The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate for the account at any time. No interest will be paid on the account for the days the daily balance is $99.99 or less. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest for the account will be compounded monthly and credited to the account on the last business day of each month. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). See our Deposit Rate Schedule for current terms and rates.
  • Withdrawals - By law, this account is limited to six (6) pre-authorized (including automatic) transfers of funds per month. Three of these six transactions may be by draft, or similar device. The account will be permitted no more than six (6) withdrawals or pre-authorized transfers, including automatic teller machine transactions per month. A charge of $.50 per transfer or withdrawal will be assessed for each transfer or withdrawal in excess of the permitted six (6). Exceeding the permitted six (6) may subject the account to closure.

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Individual Retirement Account/SEP

Plan now for your retirement.

Variable Rate

  • Minimum Deposit - $100.00 is required to open this account.
  • Term - The term for this account is one year.
  • Interest - The interest rate for the account will be the same as that offered on The First National Bank of Mifflintown 182 day Certificate of Deposit and will change quarterly. Interest is paid on the account until the maturity date. Interest is compounded monthly and credited to the account monthly. Interest begins to accrue on the business day you deposit noncash items (for example, checks). We use the daily balance method to calculate the interest on the account. This applies a daily periodic rate to the principle in the account each day.
  • Renewal - This account will automatically renew at maturity. You will have ten (10) calendar days from the maturity date to transfer or rollover the funds without being charged a penalty.
  • Deposits - You may make deposits to the account anytime in amounts of $25.00 or more.
  • Early Withdrawal Penalty - A penalty of three (3) months interest will be assessed if the funds are prematurely withdrawn. In addition, the IRS will assess a 10% penalty. No penalties will be assessed if the owner is at least age 59 1/2.

Fixed Rate

  • Minimum Deposit - $1,000.00 is required to open this account.
  • Interest - Interest is paid on the account until the maturity date. Interest is compounded monthly and credited to the account monthly. Interest begins to accrue on the business day you deposit noncash items (for example, checks). We use the daily balance method to calculate the interest on the account. This applies a daily periodic rate to the principle in the account each day
  • Renewal - This account will automatically renew at maturity. You will have ten (10) calendar days from the maturity date to transfer or rollover the funds without being charged a penalty.
  • Deposits You may make deposits to the account anytime in amounts of $100.00 or more.
  • Early Withdrawal Penalty A penalty as shown below will be assessed if the funds are prematurely withdrawn. In addition, the IRS will assess a 10% penalty. No penalties will be assessed if the owner is at least age 59 1/2.
  • Up to 12 months 3 months loss of interest
  • 12 months to 47 months 6 months loss of interest
  • 48 months and over 9 months loss of interest

See our Deposit Rate Schedule for current terms and rates.

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