Monthly Savings Plan

A great way to save! Designed as a bond alternative, this convenient plan can be purchased through a payroll savings plan or automatic transfers.

FEATURES:

  • Competitive interest rate guaranteed to be at least 0.25% higher than the comparable market
  • Interest compounds monthly
  • No administrative costs
  • Can be purchased through a payroll savings plan or automatic transfers
  • No fee for one withdrawal per month
  • Receive principal and interest earned up to the day of withdrawal upon cancellation



                 SAMPLE MSP PAYMENT SCHEDULE 

 Goal 52 26  24  12
   Weekly  Bi-Weekly  Bi-Monthly  Monthly
$100 $2 $4 $5 $9
$200 $4 $8 $9 $17
$300 $6 $12 $13 $25
$400 $8 $16 $17 $34
$500 $10 $20 $21 $42
$600 $12 $24 $25 $50
$700 $14 $27 $30 $59
$800 $16 $31 $34 $67
$900 $18 $35 $38 $75
$1,000 $20 $39 $42 $84

 All funds deposited (goal amount) plus all interest earned, is paid at maturity.

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