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Personal Deposits


For all accounts: overdraft and/or returned item fees may apply. Furthermore, third party internet, data, and/or mobile fees may apply for Internet Banking, Bill Pay, and/or Mobile Banking.

Checking Accounts

Freedom Account

Freedom Account

$50 minimum opening deposit

No daily minimum balance requirement

A statement, including images of your cleared checks, will be issued monthly. A $5 fee will be assessed every statement cycle for any statement that is mailed. To AVOID the imposition of the $5 fee, you are required to choose to receive your statements electronically.

Silver Checking

Silver Checking

$50 minimum opening deposit

No daily minimum balance requirement

No monthly maintenance fee for including images of your cleared checks in your monthly statement

One account owner must:

  • Be 55 or older
  • OR Receive a fixed income from Social Security (proof is required; either the most recent award letter or proof of existing direct deposit)

Interest Bearing Checking

Interest Bearing Checking

$1,500 minimum opening deposit

Interest compounded monthly; interest rate and annual percentage yield may change at anytime

$1,500 minimum daily balance

A statement, including images of your cleared checks, will be issued monthly

If the balance falls below $1,500, the account will not earn interest and a $10 fee will be assessed each statement cycle that the minimum daily balance requirement of $1,500 is not met.

Diamond Club Checking

Diamond Club Checking

Must have $10,000 or more in combined deposits held with CentreBank to open

Interest rate is dependent on applicable tier

Interest compounded monthly; interest rate and annual percentage yield may change at any time

Free personalized checks, upon request

Free Money Orders and Cashier’s Checks

Receive premium of 10 basis points on new certificates of deposit, upon request

Receive discount of 25 basis points on loans if payment is set up as an electronic funds transfer, upon request

A statement, including images of your cleared checks, will be issued monthly

$10,000 minimum daily balance. If the combined deposit account balance falls below $10,000, a $10 fee will be assessed for each statement cycle that the minimum daily balance requirement of $10,000 in combined deposits is not met

Savings Accounts

Money Market

Money Market

$2,500 minimum opening deposit

Interest rate is dependent on applicable tier

Interest compounded monthly; interest rate and annual percentage yield may change at any time

$2,500 minimum daily balance. If the balance falls below $2,500, the account will not earn interest and a $10 fee will be assessed for each statement cycle that the minimum daily balance requirement of $2,500 is not met.

*You may not make more than six withdrawals per calendar month or statement cycle of at least four weeks. This six-withdrawal limitation applies to: funds transferred to another one of your accounts at CentreBank, payments made to third parties when these payments are preauthorized, automatic, or telephone transfers, or by check, draft, debit card, or similar order. An excess debit fee of $4 may be charged for each debit in excess of six. According to Federal Regulations, repeated violations will necessitate closing or reclassifying the account.

Statement Savings

Statement Savings

$50 minimum opening deposit

Interest compounded quarterly; interest rate and annual percentage yield may change at any time

$50 minimum daily balance. If the balance falls below $50, a $2 fee will be assessed for each month that the minimum daily balance requirement of $50 is not met. Must maintain a balance of $1 to obtain annual percentage yield.

*You may not make more than six withdrawals per calendar month or statement cycle of at least four weeks. This six-withdrawal limitation applies to: funds transferred to another one of your accounts at CentreBank, payments made to third parties when these payments are preauthorized, automatic, or telephone transfers, or by check, draft, debit card, or similar order. An excess debit fee of $4 may be charged for each debit in excess of six. According to Federal Regulations, repeated violations will necessitate closing or reclassifying the account.

Christmas Club

Christmas Club

$5 minimum opening deposit

Interest and principal paid by check at maturity; interest rate and annual percentage yield may change at any time

Maturity date is the second Thursday of October

Automatically renewable

A $5 fee will be assessed for any withdrawals prior to maturity and interest is forfeited; the account will be closed.

Certificates of Deposit

Certificates of Deposit

CentreBank offers Certificates of Deposit ranging from 3 months to 5 years. Call your nearest branch to speak with a Customer Service Representative to inquire about our current offering rates and specials. All accounts are FDIC insured and subject to the terms and conditions as stated on the account agreement.

Retirement Accounts

Individual Retirement Account (IRA)

All CentreBank IRA accounts are held as Certificates of Deposit.

$250 minimum opening deposit

Interest compounded quarterly

Traditional and Roth IRAs available

Rollovers accepted

Automatically Renewable

Individual Retirement Account (IRA)