Personal Savings Accounts

Passbook Savings Account

• $100 Minimum Opening Deposit
• $100 Minimum Daily Balance to avoid service fee and to earn interest

*$4.00 monthly service fee if daily balance goes below $100 any day of the month

*$4.00 service fee for each withdrawal over 4 in a month

Youth Passbook Account

This account is for customers age 18 years and younger

• $10 Minimum Opening Deposit
• $10 Minimum Daily Balance Requirement to earn interest
• No Monthly Service Fee

*$4.00 service fee for each withdrawal over 4 in a month

Premium Passbook Savings Account

• $10,000 Minimum Opening Deposit
• $100 Minimum Daily Balance to avoid a service fee and to earn interest
• Tiered Rates

*$4.00 monthly service fee if daily balance goes below $100 any day of the month

*$4.00 service fee for each withdrawal over 4 in a month

Christmas Club Account

• $10 Minimum Opening Deposit
• $10 Minimum Daily Balance Requirement to earn interest
• No Monthly Service Fee
• No withdrawals or transfers allowed
• A check for the amount saved above the $10 minimum will be mailed in October of each year

Individual Retirement Accounts

Eligible individuals may make tax-deductible contributions to an IRA. Please consult your tax advisor for eligibility requirements. Pickens Savings and Loan offers several different IRA accounts. Please consult one of our Customer Service Representatives for details.