||Sherwood Money Market||Individual Retirement Account
||Certificate of Deposits|
|Minimum opening amount||$50||$1000||$50||$500|
|Minimum balance requirement
| Service charge
(if minimum balance not kept all month)
|No||$5/month||see below||see below|
|Fee for additional transactions||$1 for each withdrawal over 9/quarter||**||n/a||n/a|
|Learn More||Learn More||Learn More||Learn More|
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IRAs and CDs must maintain a minimum balance to remain open.
*No interest paid for Passbook Savings balances less than $50.
**The bank reserves the right to close accounts that misuse or abuse limited transaction accounts.
See required documentation for opening a new personal account.
All accounts must have at least one (1) owner that is a legal adult; at least 18 years of age.