Personal Savings Accounts
Cumberland Basic Savings
- Interest paid quarterly
- $3.00 monthly fee waived with $100 average daily balance
- $100 minimum opening deposit
- Federal transaction limitations apply
Cumberland Youth Savings
- Encouraged to promote youth savings
- Interest paid quarterly
- No monthly service charge
- Minimum opening balance of $25.00
- Federal transaction limitations apply
Cumberland Christmas Club
- Interest paid annually
- No monthly service charge
- No minimum daily balance required
- Requires checking account and automatic monthly transfer to Christmas Club
- Balance transferred to checking account on October 31st of each year
