PERSONAL SAVINGS AND INVESTMENT ACCOUNTS

It always makes good sense to save money, and the sooner the better. Through the compounding of interest and the availability of a variety of tax strategies, your savings can grow to meet your lifestyle goals. The sooner you begin a regular savings and investment program, the better your chances of reaching your financial goals.

We offer a complete line of savings and investment options. Please discuss your savings need with a Personal Banker, who will provide you with a complete disclosure and current interest rates on all our savings and investment products.

MONEY MARKET ACCOUNT

• Earn interest on collected balances, compounded daily and paid monthly
• Tiered interest rate structure - higher balances earn higher rates
• No service charge if account maintains a $2,500 minimum daily balance
• $10 monthly service charge if balances are below the minimum
• Six (6) debit transactions free per statement cycle

STATEMENT SAVINGS

• Earn interest on collected balances, compounded daily and paid credited quarterly
• No minimum balance required to earn interest
• No service charge if minimum daily balance of $200, or an average monthly balance of $400
• $6 service charge per quarter if balances are below the minimum
• Six (6) withdrawls per quarter, $2 each excessive withdrawl

CERTIFICATES OF DEPOSIT

• Variety of maturity dates available ranging from ninety (90) days to forty eight (48) months
• Maturity notice mailed ten (10) days prior to maturity date
• Interest may be reinvested or deposited to another account
• $1,000 minimum deposit required to open

INDIVIDUAL RETIREMENT ACCOUNTS

• Invested in Pinnacle Bank certificates of deposit
• Contributions may be tax deductible, please consult your tax advisor
• Options include:
  • Traditional IRA - interest earned tax-deferred
  • ROTH IRA - interest earned non-taxable

For customer 18 and younger, no minimum balance service charge. Must be joint with parent, grandparent or guardian.

Contact us at 864.233.6915 if you need further help.