There's no time like the present to start thinking about how your money can work for you. Whether you are looking to set a little money aside for a rainy day or looking to secure your financial future, State Central Bank offers a wide range of savings plans. We feel confident you will find one that best suits you.

Regular Savings Account-An account that requires no minimum deposit to open.
· Interest is paid on the daily average collected balance
· No service charge when average collected daily balance is $200
· May be accessed with an ATM card
· Accessible with SHAZAM ChekCards linked to an SCB Checking account
· Allows 12 withdrawals per calendar quarter at no charge (Certain limitations apply.)
Application Online

Golden Passbook Account-An account that is more flexible than a certificate of deposit for short-term investment.
· Requires $2,500 to open and a $2,500 average collected daily balance
· Earns a higher interest rate than the regular savings account
Application Online

Student Savings Account-A savings account for people ages 13-18 and/or attending college or in the military.
· Earns interest on the average collected daily balance
· May be accessed with an ATM card
· Accessible with SHAZAM ChekCards linked to an SCB Checking account
· Allows 12 withdrawals per calendar quarter at no charge
Application Online

Young Dreamers Account-A savings account for children 12 and under.
· Official passbook lets them watch their money grow
· Helps parents teach children the value of saving
· Child receives an SCB piggy bank
· State Central Bank matches first deposit up to $10
· Money is earned daily on account balance and paid quarterly
· Allows 12 withdrawals per calendar quarter at no charge
Application Online

49er Christmas Club -A short term savings plan to offset holiday expenses.
· For any budget-choose a $1, $2, $3, $5, $10 or $20 club
· Automatic payments can be made from your checking or savings account
· You make 49 payments and State Central Bank makes the 50th

49er Vacation Club-A short-term savings plan that helps you afford that well-deserved vacation.
· Choose the plan that fits your budget: $5, $10 and $20 clubs available
· Automatic payments can be made from your checking or savings account.
· You make 49 payments and State Central Bank makes the 50th

Health Savings Account (HSA)-A tax-free savings account to pay for qualified medical bills.
· Contributions are tax deductible
· Earnings are tax free
· Tax-free withdrawals for qualified medical expenses
· Available to persons who meet the following criteria:
    o Covered by a high-deductible health plan
    o Are not enrolled in Medicare
    o Are not claimed as a dependent on another's tax form

Budget Master CD-A 10 month CD requiring a $500 minimum deposit
· Interest is paid monthly into a checking or savings account
· Guaranteed fixed interest rate throughout term of certificate
· $20,000 maximum deposit
· Not renewable

Investment CD-A 12 month CD that works similar to a U.S. Treasury Bill
· Available only to Grand checking, Diamond Now checking, and qualified IRA customers
· $20,000 minimum deposit
· Higher interest rate than that of the Grand and Diamond Now accounts
· FDIC insured
· No penalty for early withdrawal after 6 months

Dow Jones Insured CD-Interest is tied to the performance of a group of 30 blue chip stocks (Dow Jones Industrial Average)
· Requires a minimum investment of $1,000
· Available in 3 or 5 year terms
· 100% Principal Guarantee, if held to maturity
· FDIC insured
· No customer fees
· Early withdrawal options
· Uncapped Returns: opportunity to achieve higher than fixed rate returns based upon the performance of the Dow Jones Industrial Average*

*Because of the numerous factors that may affect the value of the market index, no assurance can be given that holders of DJICDs will receive any interest. The minimum interest earned is always zero.