Vacation Club Savings – Altoona, PA & Duncansville, PA
from Investment Savings Bank
Liquidity:
Matures in April. Penalty for early withdrawals is $5.00 and no interest earned on balance.
Benefits:
- Minimal balance requirement.
- No monthly service charge.
- Interest compounds daily.
- Deposits can be made at any time.
- Deposits can be for any amount.
- Nice way to save for vacation without the temptation to withdrawal.
- Check is mailed to customer at maturity
Availability:
Available to any individual or business.
Minimum Investment:
Minimum deposit to open account is $5.00. A balance of $20.00 must be maintained to earn interest.
Insurance:
All funds are insured up to $250,000 by FDIC.
Savings and Club Accounts
| Account | Minimum Balance to Obtain APY | Interest Rate | Annual Percentage Yield | Disclosure |
|---|---|---|---|---|
| Savings Account(1) | $20.00 | 0.10% | 0.10% | View Savings Account Disclosure |
| Kidz Klub Savings (1) | $20.00 | 0.10% | 0.10% | View Kidsz Klub Savings Disclosure |
| Christmas Club (1,2,3) | $20.00 | 0.25% | 0.25% | View Christmas Club Disclosure |
| Vacation Club (1,2,3) | $20.00 | 0.25% | 0.25% | View Vacation Club Disclosure |
*The rate may change after the account is opened. Fees could reduce the earnings on the account.
**Penalty for Early Withdrawal.
***Club account term is 1 year or less***
