Thrift Savings
Owning your money shouldn’t be difficult. With Pioneer Bank’s simplified Thrift Savings account, take the hassle out of saving—earn interest on your entire balance, regardless of the minimum balance with no monthly service charge and free Online Banking, free Mobile Banking* and free eStatements.
- $1.00 minimum deposit to open
- Earn 0.05% interest and APY on your balance
- Compounded and credited quarterly
- Free Telephone Banking
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Checking and Savings Features
The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
Interest on non-cash deposits begins to accrue on the business day of deposit—for example, checks.
The interest rate and annual percentage yield may change at Pioneer Bank’s discretion as often as daily. Rates may change after account is opened.
Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
There is a two-statement cycle grace period after account opening before the service fee is imposed
Accounts closed between statement cycles will not receive accrued interest.
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