Regular Savings
Begin your savings program early in life to build the foundation for good savings habits
- $200 minimum opening deposit
- Interest compounds quarterly
- Minimum balance requirement of $200 to avoid a $5.00 monthly service fee
- $1.00 is assessed for each withdrawal over three in one month
- By law, preauthorized or automatic withdrawals or transfers to another account or to a third party are limited to six per month- no more than six of which may be by check or draft payable to a third party
- Online Banking & BillPay
- Free Debit Card/ATM
- FDIC insurance coverage up to the maximum amount permitted by law
Minor Savings
Begin your savings program early in life to build the foundation for good savings habits
- $1 minimum opening deposit
- Joint ownership with a minor and parent/guardian
- Interest compounds quarterly
- No monthly service fee
- Quarterly statements
- Illinois Uniform Transfer to Minors Act (ILUTMA) accounts are available to persons under the age of 21
- By law, preauthorized or automatic withdrawals or transfers to another account or to a third party are limited to six per month- no more than six of which may be by check or draft payable to a third party
- Unlimited cash withdrawals
- Online Banking
- FDIC insurance coverage up to the maximum amount permitted by law
Structured Savings
A tax exempt account for qualified high deductible health care plans
- $25 minimum opening deposit
- Choose the amount and term and your money will be transferred monthly from your Hickory Point Bank checking to your Structured Savings account
- Fixed interest rate
- Interest compounds quarterly
- 1 year minimum term
- Quarterly statements
- $25 per withdrawal
- Online Banking
- FDIC insurance coverage up to the maximum amount permitted by law
