Deposit Accounts

Passbook Savings

Minimum to open is $250.00.  Interest is paid quarterly and compounded daily by daily balance method.  Rate is subject to change the first day of each calendar month.  There is a service charge of $10.00 every quarter if the average daily balance falls below $250.00 in the quarter.

Statement Savings

Minimum to open is $250.00.  Interest is paid quarterly and compounded daily by daily balance method.  Rate is subject to change the first day of each calendar month.  There is a service charge of $10.00 every quarter if the average daily balance falls below $250.00 in the quarter.  You will receive a monthly statement with this account.

Christmas Club

Minimum to open is $5.00.  Interest is compounded daily by daily balance method and paid by check at maturity.  The term is 50 weeks with no withdrawals during the contract term.

Economy Checking    

• No Service Charge
• No Interest
• Electronic statement only      

Flex Checking

• $7.00 Flat Fee If Balance Falls Below $750.00
• No Interest
• Paper or Electronic Statement

Premiere Checking

• $10.00 Flat Fee If Balance Falls Below $1,000.00
• Pays Interest Based On Tiers
• Paper or Electronic Statement
• Minimum of $1,000.00 To Earn Interest

Money Market Checking

• $15.00 Flat Fee If Balance Falls Below $2,500.00
• Pays Interest Based On Tiers
• Paper or Electronic Statement
• Minimum Balance of $2,500.00 To Earn Interest
• Only Six Transactions Per Month

Your Versailles Savings & Loan check card is accepted everywhere Mastercard is accepted.  You can use it at our ATM to get cash or you can use it for purchases anywhere Mastercard is accepted.

You will be assigned a pin for your card. For you protection please do not share your pin with anyone.

If card is lost or stolen, please call us immediately at 937-526-4515.

INTEREST RATES ARE SET AT THE DISCRETION OF THE COMPANY.

Rates offered are subject to adjustment each week.

Interest is paid by either compounding or transferring to a savings account.  For instances where the certificate is over 25,000.00 you also have the option to receive a check for the interest.

18 Mo IRA, 18 Mo Roth IRA, and Education Savings Certificates of Deposit

Rate is subject to adjustment the first day of each calendar quarter.  Interest is paid quarterly and compounded daily by daily balance method.  $100.00 Minimum to open.

12,18, 20, 24, 30,& 48 Mo Certificates of Deposit

Contract rate is in effect for stated term. Interest is compounded and paid Quarterly.  1,000.00 Minimum to open.

36 Month Certificate of Deposit

Contract rate is in effect for stated term.  Interest is paid quarterly and compounded daily by daily balance method. 1,000.00 Minimum to open.

182 Day Certificate of Deposit

Contract rate is in effect for stated term.  Interest is paid at maturity.  2,500.00 Minimum to open.

Withdrawals and Forfeiture for Early Withdrawal

All certificates automatically renew at maturity.  We allow ten (10) calendar days after the maturity date to withdrawals without penalty.  Accrued Interest is paid to day of withdrawal.  The penalty will be an amount equal to 90 day loss of interest on certificates with a maturity of 6 months to 12 months and a loss of 180 days of interest on certificates with a maturity of more than 12 months.