Savings Accounts

Statement Savings

• Interest-earning account
• Minimum opening balance only $1
• Can be used for Overdraft Protection for your Abington Bank Checking
• Quick and easy access through any ATM
• Can be combined with your Checking Account for one convenient monthly statement

Money Market Statement

• Daily balance method used to calculate interest & interest is credited at the end of every statement cycle
• Interest is accrued on deposits the business day you deposit the item (cash or non-cash)
• Maximum 6 transfers per month but unlimited in-branch transfers
• Maximum three checks per month
• Bounce Protection^SM

Tiered Money Market Statement

These accounts offer maximum return, high liquidity, and are FDIC safe. For customers who have an Abington Bank Checking Account:

• Daily balance method used to calculate interest & interest is credited at the end of every statement cycle
• Interest is accrued on deposits the business day you deposit the item (cash or non-cash)
• Maximum 6 transfers per month but unlimited in-branch transfers
• Maximum three checks per month
• Bounce Protection^SM

Passbook Savings

Abington Bank Passbook Accounts are interest-bearing accounts that allow unlimited deposits and withdrawals. We offer the following types of Passbook Accounts:

• Regular Passbook

• Small Savers Passbook

  Children can earn interest on this special passbook account with a minimum balance of $1. These special passbook accounts encourage children to start good savings habits at an early age.

• Christmas Club

  You decide how much to save weekly, monthly, or whenever you choose. Renewable every year. You may also set up automatic payment through Online Banking.

• Money Market Passbook

  Minimum $1,000 opening deposit

• Tiered Money Market Passbook

  This is a special account for customers who have an Abington Bank Checking Account.

*The above savings accounts are variable rate accounts and the interest rate may change after account opening. Fees may reduce earnings on account. Interest accrues on balances over $1.00 and is credited monthly. Minimum balance to open any Money Market account is $1,000, all remaining accounts minimum balance to open account is $1.00.

Certificates of Deposit

If you are in the market for a long or short-term investment, Certificates of Deposit (CDs) may be just right for you. Certificates are among the safest investment you can make. They are easy to understand and there is no fee or sales charge involved. You are protected from market value risks, since both your principal and interest are guaranteed. In addition, your Abington Bank accounts can be insured up to $100,000.

Term: 5 months to 10 years. Fixed Rates: according to term. Our certificate rates and terms apply to our Individual Retirement Accounts as well.

The Flex Account

A unique Abington Bank Certificate of Deposit that offers the flexibility of penalty-free monthly withdrawals and the high yield opportunity of an adjustable rate CD.

• Tiered Rate - directly tied to Fed Funds*
• Safe & Secure - FDIC insured
• Penalty-Free Withdrawal - one per month with a minimum remaining balance of $1,000
• Additional Deposits - anytime
• Interest - can be automatically deposited into your Abington Bank Checking Account
• Term - 2 years

Tiers:

$100,000 plus..............Fed Funds - .50

$50,000 - $99,999.......Fed Funds - .60

$20,000 - $49,999.......Fed Funds - .70

$1 - $19,999..............Fed Funds - .80

*Based on Fed Funds rate on the last business day of the previous month, this account rate will be adjusted monthly on the first calendar day of every month.

Interest accrues on balances over $1.00. Early withdrawal penalty may apply. We will notify you when your certificate is about to mature. You have seven(7) days to adjust the term, complete a withdrawal, or close the account without penalty. Your certificate will automatically renew at the same term and current interest rate if you do not make any changes.

IRAs

Abington Bank's Individual Retirement Accounts feature:

• Statements mailed once a year
• Contributions can be made all at one time or in installments
• Minimum deposit only $100
• We offer Traditional, Roth and Education IRAs

- The combined total of your Traditional and Roth IRA accounts at Abington Bank is insured up to $250,000 per depositor (separately from any of your other deposit accounts at Abington Bank)
- The combined total of your Education IRAs and your other deposit accounts at Abington Bank is insured up to $100,000 per depositor