Our Savings Accounts offer the following
Free Online Banking
Free Mobile Banking
No Annual Fee Visa® Classic Credit Card1
Free eStatements
Capitol Savings | Cappy "Minor" Savings | Money Market | Certificate of Deposit | |
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Our standard savings account | A savings account designed especially for the kids | An interest-bearing account based on current interest rates | We have several standard term and special term lengths with competitive rates to choose from | |
Minimum Opening Deposit | $100 | None | $100 | $1000 for standard term; $2,500 for special term |
Minimum Daily Balance to Waive Monthly Maintenance Fee | $200 | None | $2,500 | None |
Monthly Maintenance Fee, if Below Required Balances | $5 | None | $15 | None |
Interest | Compounded and credited quarterly based on average daily balance; Variable interest rate | Rates based on tiered balances 1st tier: under $25,000 2nd tier: $25,000 and above Interest compounded and credited monthly; Variable Interest rate | Fixed Interest Rate for the term of the certificate. Interest compounded and credited quarterly. Interest can automatically be transferred to another account. | |
Withdrawals | The penalty we may impose will equal seven (7) days interest on the amount withdrawn within the first six (6) days after deposit – OR – within six (6) days of the date of the immediately preceding partial withdrawal. CD withdrawals are subject to the following penalties based upon the term of the CD: 1-5 months CD = 1 month interest penalty; 6-11 months CD = 3 months interest penalty; 12-23 months CD = 6 months interest penalty; 24-60 months CD = 12 months interest penalty. Automatically renewed at current interest rate with a ten-day grace period. Notice given of approaching renewal and rate change. |
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Statements | Quarterly statements; Monthly, if combined with a checking account | Monthly | Available upon request only; Monthly, if combined with a checking account |