Statement Savings Accounts
The minimum balance to open a statement savings account is $50.00. A
balance of $50.00 must be maintained in order to earn the current annual
percentage yield. The interest rate on this type of account is variable.
A monthly service charge of $5.00 will be assessed for balances below
Certificate of Deposit
Invest in a Belmont Federal Certificate of Deposit and put your money to
work! Certificates of Deposit are available in a variety of terms to
best meet your needs, with terms as short as 7 days or as long as 2 ½
years with competitive interest rates. Call us at 704 825-9861 for our
current rates or see one of our friendly customer service
representatives for individual hometown attention.
Money Market Deposit Accounts
Enjoy the combined features of a savings and checking plan by opening a
Money Market Deposit Account at Belmont Federal. We also have a Premier
Money Market Deposit Account which earns a higher interest rate for
balances maintained at $25,000 and above.