At Abington Bank, every deposit is insured in full. The Federal Deposit Insurance Corporation (FDIC) insures each depositor. On October 3, 2008, FDIC deposit insurance increased from $100,000 to $250,000 per depositor. The Depositors Insurance Fund (DIF) insures all deposits in excess of this amount.
Savings Accounts
Effective Date – [[effective-date]]
Program | Minimum to Open | Minimum Daily Balance to earn APY | APY* |
---|---|---|---|
Statements Savings | $10 | $10 | 0.05% |
Regular Passbook Savings | $10 | $10 | 0.05% |
Holiday Club Account | $10 | $10 | 0.05% |
*Annual Percentage Yield (APY) subject to change without notice. Rates subject to change after account opening. Fees may reduce the earnings on the account.