- $25.00 minimum opening balance. - Maintenance Fee: Average Daily Balance $500.00 & over – no maintenance fee - Maintenance Fee: Average Daily Balance below $500.00 - $6.00 per month
Certificates of Deposit:
- $500.00 minimum opening balance - Interest bearing/Interest rate varies - Interest credited and compounded varies by term - Terms range from 30 days to 5 years - Early withdrawal penalties apply - Some restrictions apply
Some restrictions apply: Please visit one of our friendly Customer Service Representatives or call (731) 584-3678 for details.
We also offer Senior Accounts (customers age 62+) and Business Accounts.
Early Withdrawal Penalty: If we consent to a request for a withdrawal that is otherwise not permitted, you may have to pay a penalty. The penalty will be an amount equal to: 1 month’s interest on the amount withdrawn for 90 days or shorter terms; 3 months interest on amount withdrawn of 4 year or shorter terms; 6 months interest on amount withdrawn on 5 year term.
Important information: Bank of Camden will never ask you for personal information, like account numbers and or passwords through e-mail. Be aware of e-mails asking you to download programs; Bank of Camden will never ask you to do so.
Do not respond to any e-mail asking you to update your personal information online or through the phone. Only utilize the Bank numbers found on our website.
The Federal Depository Insurance Corporation (FDIC) has sent out an alert to consumers, companies and financial institutions about certain fraudulent e-mails which supposedly come from, or are related to, financial institutions. Such fraudulent e-mails are scams that use the internet as a vehicle and incorporate certain news such as mergers, acquisitions, and or bank closures to appear legitimate to obtain information.
Bank of Camden.
©2009 Bank of Camden. Member FDIC. Equal Housing Lender.
NOTICE OF EXPIRATION OF TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NON-INTEREST BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a non-interest bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all non-interest bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.