Savings Accounts

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Statement Savings

Start saving today for those unexpected expenses or special purchases

• $100 minimum opening balance
• Earn interest quarterly when balance exceeds $200
• No quarterly fee with an average balance of $200; $5.00 quarterly fee if average balance falls below $200
  
• Minimum balance requirements waived for minors and nonprofit organizations

Christmas Club Savings Account

An easy way to save throughout the year for your holiday purchases

• $10 minimum opening balance
• Earn interest annually when balance exceeds $100
• Direct deposit available
• Club checks mailed annually at the end of the term in September

Money Market Account

A savings account that earns a higher rate of interest and offers limited monthly check writing

• $500 minimum opening balance
• Earn interest monthly when balance exceeds $1,000
• Check writing - up to 6 inclearing checks per statement cycle*
• Unlimited in-branch withdrawals and transfers
• No monthly fee with an average balance of $1,000; $7.50 monthly fee if average balance falls below $1,000
• Minimum balance requirements waived for nonprofit organizations

GOLD Money Market Account

A high yield money market account with easy access to your funds

• $25,000 minimum opening balance
• Earn interest monthly when balance exceeds $2,500
• Higher rates available based on balance
• Free check orders for life of the account
• Check writing - up to 6 inclearing checks per statement cycle*
• Unlimited in-branch withdrawals and transfers
• No monthly fee with an average balance of $2,500; $10.00 monthly fee if average balance falls below $2,500

* 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 telephone transfer, check, draft, ATM point of sale purchase, preauthorized, automatic or similar payment order each monthly statement cycle.

We will accept deposits from residents of the Eastern Shore of Maryland, Virginia's Eastern Shore and lower Delaware. Please visit one of our eight locations 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.