Fireside Bank no longer accepts new deposit accounts.
As of October 18, 2009, CDs will no longer renew at maturity. Customers will receive notification at least 30 days prior to the CD maturity date alerting them to this change in terms. Once the account is closed, a check for the deposit balance and any interest posted will be mailed to the address on file.
The minimum deposit balance for Standard Accounts is $2,500.00. Interest is earned daily and paid monthly, quarterly, semi-annually and annually, or added to the balance and compounded monthly. A minimum balance of $10,000.00 is required to receive monthly interest payments. These accounts do not automatically renew at maturity. Deposits maturing on weekends or banking holidays will renew at zero percent interest and be closed the following business day.
The Deposit Account Agreement and Disclosure is available for additional information about policies regarding Fireside’s deposit accounts and about early withdrawal penalties.
Penalties for Early Withdrawal
As of March 24, 2009, customers are no longer charged an early withdrawal penalty.
FDIC Coverage
Please be aware that all Fireside Bank branch offices and other facilities are in fact part of the same FDIC insured institution. Deposits held at more than one branch location or facilities are not separately insured.