Payroll Savings Bond

Payroll Savings Bond

We are happy to be offering Payroll Savings Bonds through Payroll Deduction!

We are the only Financial Institution that offers this program.

Benefits:

  • Save money with NO FEES
  • Withdrawal flexibility
  • This can be done through regualr payroll (bi-weekly) and also offered through Pension Payroll (monthly)

Features:

  • Rate of return guaranteed; Our current rate is 1.25%
  • Compounded monthly interest
  • Runs November 1-October 31...but you can join at any time!
  • You can contribute through convenient Payroll deduction and also through an automatic funds transfer

We can help you save! Whether it's $500, $1000 or $5000.... you can make it happen through Payroll Deductions

Payment Frequency

Savings Goal*

 

$500

$1000

$5000

Bi-weekly (Regular Payroll)

$19.23

$38.46

$192.30

Monthly (Pension Payroll)

$41.66

$83.33

$416.66

Weekly (Automatic Transfer)

$9.61

$19.23

$96.15

Interest is paid at Maturity only. If money is taken from bond, the deductions will still continue, just no interest paid until the end of the bond period.

 

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