Monthly Savings Plan

A great way to save!

Designed as a bond alternative, this convenient plan can be purchased through a payroll savings plan or automatic transfers.

Benefits:

  • Save money with NO FEES
  • Available anytime during the year
  • Withdrawal flexibility - funds available at anytime
  • Withdrawals permitted without collapsing plan

Features:

  • Rate of return guaranteed to be 1/4 of 1 percent higher than comparable plans
  • Compounded monthly interest
  • Matures October 31 of following year
  • Convenient payroll deduction or automatic transfer

SAMPLE MSP PAYMENT SCHEDULE

Payment Frequency

Savings Goal*

 

$100

$500

$1,000

12 monthly

$8.34

$41.67

$83.34

24 bi-monthly

$4.17

$20.84

$41.67

26 bi-weekly

$3.85

$19.24

$38.47

52 weekly

$1.93

$9.62

$19.24

All funds deposited, and interest earned, is paid at maturity.

*numbers are rounded

Click Here For Rates

 

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