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Personal Savings Products
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Wilber Bank offers a variety of plans to enable you to achieve your savings goals. For questions about the savings
accounts listed below call us at 607-432-1700 or 1-800-374-7980.
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Your Insured Deposits
The security of your deposits at Wilber National Bank is guaranteed by the Federal Deposit Insurance Corporation (FDIC).
FDIC insurance covers all types of deposits, including deposits in checking, NOW and savings accounts, money market deposit
accounts and time deposits such as certificates of deposit (CDs). The balance of each depositor’s account, dollar-for-dollar,
are insured up to the insurance limit, including principal and any accrued interest through the date of the insured bank’s closing.
The basic insurance limit is $100,000 per depositor per insured bank. On October 3, 2008, FDIC deposit insurance temporarily increased
from $100,000 to $250,000 per depositor through December 31,2009. Deposits in separate branches of an insured bank are not separately
insured. Deposits in one FDIC insured bank are insured separately from deposits in another insured bank.
The FDIC does not insure the money you invest in stocks, bonds, mutual funds, life insurance policies, annuities, or municipal securities, even if you bought these products from an insured bank. The FDIC does not insure U.S. Treasury bills, bonds, or notes. These are backed by the full faith and credit of the U.S. government. Read more about FDIC insurance online at www.fdic.gov/deposit or request a copy of the free FDIC brochure from any Wilber National Bank branch office.
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Receive a higher interest rate for higher account balances with this "tiered" savings account. Register format.
Your account may be accessed using a Wilber ATM/Debit card. Transaction limitations exist.
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| ADD/Vantage CDs (Certificates of Deposit) |
Take advantage of competitive interest rates and the option to add to your investment. With an ADD/Vantage CD
from Wilber, you can add to your original deposit without extending the maturity and without opening a new certificate.
Under the ADD/Vantage feature, additional deposits can be made up to a maximum of 100% of your original
certificate amount, provided the total of your opening deposit and additional deposits (excluding
accumulated interest) does not exceed $100,000. Additional deposits of $500 or more may be made up to
30 days before your certificate matures; will earn interest at the same rate as your certificate; and
will mature on the same day as your certificate.
Wilber National Bank reserves the right to discontinue the additional deposit feature at any time.
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| Fixed Rate ADD/Vantage CDs |
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Get guaranteed returns on minimum initial deposits of $2,500 with maturities of three months or longer. The interest rate
depends on the amount of your initial deposit and maturity of your CD.
Early withdrawal penalty applies.
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| Variable Rate ADD/Vantage CDs |
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Receive interest rates that keep pace with current market conditions. The variable interest rate adjusts monthly.
Maturities of two years are available with minimum deposits of $2,500. Early withdrawal penalty applies.
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We have made it easy for you to save for your retirement. Individual Retirement Accounts, Traditional, Roth, and Coverdell
Education Savings, are available to wage earners. Catch-up contributions and roll-overs can also be accommodated.
Investment options include fixed and variable rate certificates of deposit, and variable rate savings accounts. Eligibility,
maximum annual contribution and resulting tax benefits for each of the above plans are subject to federal regulations.
Early withdrawal penalty applies.
Read about more ways to build your retirement savings in Trusts & Investments.
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It’s easy to get ready for holiday shopping with our personal Automatic Savings Club. Payments to your Club are automatically
transferred from your Wilber checking or savings account on a weekly, bi-weekly, or monthly basis.
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| This page and all contents are Copyright ® 2009 by Wilber National Bank |
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