Regular Savings

This account offers you an easy way to save money and earn interest, compounded monthly, at competitive rates. If you have both a savings and checking account with Athens Federal, you may be interested in our Overdraft Transfer. Should your checking account become overdrawn, we will automatically transfer money from your savings account into your checking account. You may choose to have your account established with a passbook or a monthly statement. With a monthly statement account, you will have the added benefit of accessing your money through the automatic teller system.

• $50.00 to open
• Interest compounded monthly
• No service charge for a balance $50.00 and over
• Monthly service charge of $10.00 if balance is below $50.00
• Overdraft transfer from savings to checking - $10.00 per transaction

Certificate of Deposit

Athens Federal offers you certificates of deposit for as short a term as seven (7) days or as long as five (5) years. You earn fixed rates on simple interest or interest compounded quarterly, depending upon the certificate you choose.

• 7-day certificates require a minimum deposit of $10,000.00
• 91-day certificates require a minimum deposit of $7,500.00
• 6 month certificates require a minimum deposit of $5,000.00
• One through five year certificates certificates require a minimum deposit of $500.00
• Certificates maturing in less than one year pay simple interest
• Certificates maturing in one year or greater pay interest compounded quarterly
• Interest may be withdrawn at any time on all certificates without penalty; however, the withdrawal will affect the annual percentage yield (APY)
• Penalties are imposed for early withdrawal of principal on any certificate

Individual Retirement Accounts

If you are looking for tax deferred savings, choose an Athens Federal IRA. Investments
begin as low as $100.00 on our 18-month variable rate IRA. Your earnings are tax
deferred until withdrawals are made from your account. See one of our Customer
Service Representatives for an IRA that will meet your investment needs.

Christmas Club and Vacation Club

The Christmas Club and Vacation Club account are designed for the saver who would like to be prepared for the next Christmas season or vacation trip with a savings club deposit from Athens Federal. Vacation funds are available in May and Christmas Club funds are Available in November of each year. This account earns 3.00% Annual Percentage Yield (APY) if the savings is automatically deposited into an Athens Federal Community Bank deposit account. If the savings total is received by check the account will earn 2.00% APY. See a Customer Service Representative for more details.