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Passbook Savings

Traditional Savings

Jarrettsville Federal has maintained banking the old-fashioned way!  We still offer our customers the option of a passbook savings account and/or a statement savings account.

For the passbook savings, you must have your passbook with you to check account balances and record any transactions.  Keeping your passbook up to date is a great way to watch your money grow!

 

Minimum opening deposit:      $1.00

  • No monthly service charge.
  • No ACH or electronic debits allowed on Passbook Savings.
  • Passbooks must be presented at time of withdrawal.

For current rates click here 

Additional Account Information 

  • Jarrettsville Federal reserves the right to refuse any deposit or request for any account.
  • Interest is compounded daily, posted monthly.
  • Interest begins to accrue on day of deposit.
  • Accounts available for Maryland and Pennsylvania residents only; all others are on a “case-by-case basis.” All applicants must physically come to our location to open any account.
  • In accordance with the USA PATRIOT Act, Jarrettsville Federal is required to obtain, verify and record information that identifies each person who opens an account.