| Bank of Ripley |
Account For...
|
Minimum
Opening Balance |
Service Fees
|
Special Features
|
| Savers Advantage |
Anyone wanting to earn more interest but
doesn't yet have enough for a CD. This account can be added
to at any time.
|
$500.00
|
Early withdrawal penalty.
|
Customer can save at his or her own pace
while earning more interest than a regular passbook savings
account.
|
| Certificates of Deposit |
Anyone wanting to earn more for their money.
|
$1,000.00
|
Early withdrawal penalty depending on the
term.
|
Can be used as a short or long term investment.
Flexible payment of interest. Can be used as collateral for
a loan.
|
|
