Savings Accounts


The Basic Savings Account

The Basic Savings Account is designed for the customer that wants easy access to their money while earning interest.  Maintain a minimum balance of $100 at all times and it’s free.  Otherwise a maintenance fee of $3 per quarter will apply.


The Money Market Account

This account offers rates that grow with your balance through a tiered rate structure, but still allows you to have convenient access to your money.  Withdrawals can be made at any time in person ,by telephone or online transfer.  Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, or telephone or online transfer are limited to six per statement cycle with no more than six by check, draft, debit card, or similar order to third parties.  A maintenance fee of $6 per month will apply unless a minimum balance of $2,500 is maintained.


The IRA – Individual Retirement Account

IRAs are great savings tools due to the special laws governing their taxation.  Traditional IRAs are generally not taxed until they are distributed.  Earnings on Roth and Education IRAs (Coverdell Education Savings Accounts) are generally not subject to federal taxes.  Contributions to Traditional IRAs may be tax deductible.  These tax advantages can result in larger savings accumulations over time when compared to ordinary savings products.


Regular Save

We know that it is difficult to get in the habit of remembering to save money.  Therefore, we have established a way that you can save each month without the hassle of remembering, making a phone call, or even a trip to the bank.

Simply tell us the amount of money that you want to save monthly or weekly and we will automatically transfer it from your checking to your savings. Minimum $5 transfer.


Certificates of Deposit**

We offer competitive rates on certificates of deposit.  Call us today for the latest rate information at (423) 447-2931 in Pikeville, (423) 949-8100 in Dunlap, or (931) 484-1112 in Crossville.