|
Fahey Bank offers a variety of Savings & Investment Plans to meet
your needs.
Earn interest in our regular savings account from day one as long
as the average daily balance requirement of $100 is maintained.
Withdrawals, up to six times per quarter, are free. You'll also
receive a quarterly statement of all savings account activities.
Fahey's Money Market Savings Account combines the ability to earn
our highest Money Market interest rates with easy access to your
money by writing up to three third party checks, and a total of
six transfers a month are free. No fees apply if an average balance
of $1,000 is maintained each statement cycle. You'll also receive
a monthly statement of all transactions, including your cancelled
checks.
Fahey's Treasury Indexed Money Market Account combines the security
of full FDIC Insurance with rates that are higher than traditional
money market account rates. Rates are set according to the 13-week
Treasury Bill. The account is 100% liquid with limited check writing
ability.
A Fahey Certificate of Deposit (CD) will usually earn you a higher
fixed rate of interest. The CD's mature from as quickly as six
months to five years and only require a minimum deposit of $500.
The interest you earn may be put directly into your Fahey checking
or savings account. Interest may also be applied to the CD's principal.
Certain restrictions may apply. Substantial penalty for early
withdrawal.
Fahey offers quality Individual Retirement Accounts (IRAs) to
help you save for your retirement years. IRAs with a minimum opening
balance of $100 to $250, with either a fixed or variable interest
rate, are available. Your IRA contribution may be made in one
lump sum or in regular installments during the year. The interest
your IRA earns won't be taxed until funds are withdrawn. You may
also qualify for a federal income tax deduction (consult a tax
advisor)
Save a little each week the whole year through with Fahey's Christmas
Club and help take the crunch out of holiday spending. Deposits
are made weekly beginning in October and the following November
you'll receive your Christmas Club Check - just in time for holiday
spending.
|
