Passbook and Statement Savings*

• Minimum opening balance of only $100.
• Earn interest when the daily balance exceeds $200. Interest will be compounded and credited quarterly.
• Sign up for Internet Banking – Take care of all your banking needs anytime you want; from anywhere you have Internet access. See your account balances, history of recent transactions and transfer funds, all from the comfort of your home or office computer.
• A nominal fee of $5 is imposed quarterly when the average balance falls below $200.
• Passbook savings accounts may be used as collateral for a share loan.
• Minimum balance requirements are waived for accounts established for minors and nonprofit organizations.

Christmas Savings Accounts

Don’t wait until Christmas to begin thinking about how you will pay for all those presents.

• Plan ahead by deciding how much you will need and we'll help you set up a savings plan to meet your needs.
• Minimum opening balance of $10.
• Interest is earned when the daily balance exceeds $100. Interest is credited to the account on an annual basis.
• Christmas Clubs are available for individuals and companies wanting to provide a benefit for their employees. An automatic deduction from your paycheck may be available.

Money Market Accounts*

Money Market Savings accounts earn a higher rate of interest and offer the flexibility of limited check writing.

Regular Money Market

• Minimum opening balance of $500.
• Check writing – up to 3 checks per monthly statement cycle.
• Unlimited withdrawals and transfers to another First Shore Federal account when you come in to one of our branches.
• Sign up for Internet Banking – Take care of all your banking needs anytime you want; from anywhere you have Internet access. See your account balances, history of recent transactions and transfer funds, all from the comfort of your home or office computer.
• Apply for an ATM or VISA Debit card and enjoy 24-hour access to your account at our ATM machines. Make withdrawals, transfers, balance inquiries and pay for purchases at thousands of ATM /Point of Sale locations nationwide.
• Interest is credited on a monthly basis.
• Maintain an average daily balance of $1,000 each month and avoid the monthly service fee of $7.50.
• As with all of our accounts, your monthly checks are returned to you with your monthly statement.

Gold Money Market

• Designed for individuals age 50 and over who enjoy access to their funds.
• Minimum opening balance of $25,000.
• This account features a higher yield than our regular money market account when the daily balance exceeds $25,000 or more.
• All check orders are free for the life of the account.
• Check writing – up to 3 checks per monthly statement cycle.
• Unlimited withdrawals and transfers to another First Shore Federal account when you come in to one of our branches.
• Interest is credited on a monthly basis.
• Sign up for Internet Banking – Take care of all your banking needs anytime you want; from anywhere you have Internet access. See your account balances, history of recent transactions and transfer funds, all from the comfort of your home or office computer.
• Apply for an ATM or VISA Debit card and enjoy 24-hour access to your account at our ATM machines. Make withdrawals, transfers, balance inquiries and pay for purchases at thousands of ATM /Point of Sale locations nationwide.
• Maintain an average daily balance of $2,500 each month and avoid the monthly service fee of $10.
• As with all of our accounts, your monthly checks are returned to you with your monthly statement.

*Important Notice: Federal regulation limits the number of withdrawals and/or transfers that may be made from a savings/Money Market savings account by telephone, preauthorized transfer, check, draft or ATM point of sale purchase. You may make six transfers from your savings/Money Market savings to another account by preauthorized, automatic or telephone transfer each monthly statement cycle with no more than three of these by check, draft, ATM point of sale purchase or similar payment order.

We will accept deposits from residents of the Eastern Shore of Maryland, Virginia and lower Delaware. Please visit one of our eight offices to open an account.

If you would like to receive additional information about these accounts or any services offered at First Shore Federal, please write to us at: PO Box 4248, Salisbury, MD 21803-4248 or send us an eMail.