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**IMPORTANT NOTICE**
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS.

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Rondout Savings Bank does not and will not ask for personal information by telephone, email, text message or over the Internet.  If you believe you have been fraudulently contacted please notify Rondout Savings Bank immediately at (845) 331-0073.                                                                           Traveling Abroad and need to use your debit card?  There are restrictions in place to protect you from fraud, so please contact us before you leave so we can make the necessary changes to your card.

deposit specials                                                                                                                Financial Calculators    Calculators      

CheckingMinimum to OpenMonthly Service ChargeRequired Minimum Balance to Avoid Service ChargeMinimum Balance Service ChargeInterest Bearing Account
Free Checking
(for more info)
0.00 N/A N/A N/A No
Checking Plus
(for more info)
100.00 N/A 500.00 5.00 Yes
Prime Advantage
(for more info)
100.00 N/A N/A N/A Yes
Senior Value
(for more info)
100.00 N/A N/A N/A Yes
PayDay Checking
(for more info)
100.00 N/A N/A N/A Yes
Basic Checking
(for more info)
25.00 3.00 N/A N/A No
Money Market
(for more info)
2,500.00 N/A 1,000.00 5.00 Yes
Money Market Advantage
(for more info)
50,000.00 N/A 5,000.00 10.00 Yes

Checking Accounts:

Checking account products offer you the following benefits:

 

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Free Checking

Open a free checking account with these great benefits:

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Checking Plus

An initial deposit of $100 will open a free checking account with these great benefits:

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Not For Profit

All of the benefits of Rondout Savings Bank Checking Plus account without the monthly service charge.

Pay Day Checking

Sign up today to have your payroll check directly deposited into your Rondout Savings Bank “Payday” Checking account to receive the following benefits:

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Senior Value Checking Program

Rondout Savings Bank’s “Senior Value Checking Program” offers customers age 62 or older all of our Checking Plus Account benefits plus:

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Prime Advantage Checking Program

Rondout Savings Bank’s “Prime Advantage Checking Program” offers customers age 50 or older all of our Checking Plus Account benefits plus:

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Basic Checking

An initial deposit of $25.00 will open a Basic Checking account with these benefits:

*A withdrawal shall be deemed to be made when it is recorded on our books, which is not necessarily the date that you initiated the transaction.

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Money Market Checking Accounts

 

Transfers from a Money Market account to another account at Rondout Savings Bank or to third parties by preauthorized, automatic, or telephonic transfer (including check, draft or debit card) are limited to six per statement cycle.

 

 

Personal

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Money Market Advantage

Check Re-Orders

If you need to order new checks or want to change your design go to Harland Clarke Check Ordering for more information. 

NOTE:  If you have not ordered checks or logged in to your Harland account within the past two years, you will need to contact the bank at (845) 331-0073.

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SavingsMinimum to OpenRequired Minimum Balance to Avoid
Service Charge
Minimum Balance Service ChargeInterest Bearing Account
Statement Savings
(for more info)
100.00 250.00 2.00 Yes
Passbook Savings
(for more info)
100.00 250.00 2.00 Yes
Certificates of Deposit
(for more info)
Varies 0.00 N/A Yes
Club Accounts
(for more info)
1.00 0.00 N/A Yes

 


 

Savings Accounts

At Rondout Savings Bank, we offer two convenient and flexible savings accounts.  Passbook Savings Accounts and Statement Savings Accounts each offer the following benefits:

In addition to the benefits above a Statement Savings Account offers:

Transfers from a Statement Savings account to another account at Rondout Savings Bank or to third parties by preauthorized, automatic, or telephonic transfer (including check, draft or debit card) are limited to six per statement cycle.

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CD’s & IRA’s

Rondout Savings Bank Certificate of Deposit (CD) accounts are a safe and secure way of earning higher interest rates on funds that you can set aside. 

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Rondout Savings Bank Individual Retirement Accounts (IRA) offer a vehicle to build substantial retirement funds.  IRA contributions may lower your taxable income, reducing your tax liability. 

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Holiday Club

Prepare for the season of shopping by opening a Holiday Club account today. 

 

FDIC Insurance Calculator

The FDIC's electronic deposit insurance estimator or EDIE will help you determine which of your accounts are eligible for FDIC insurance and to how much.  EDIE lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor's specific group of deposit accounts—what's insured and what portion (if any) exceeds coverage limits at that bank. EDIE also allows the user to print the report for their records.

EDIE calculates the insurance coverage for Personal Accounts—deposits held by people in single accounts, joint accounts, POD/ITF accounts, living trust account, irrevocable trust accounts, and Individual Retirement Accounts (IRAs); Business Accounts—deposits held by corporations, partnerships, and organizations, both for-profit and not-for-profit; and Government Accounts—deposits held by public units such as school districts, cities, municipalities, counties, and states.

To determine the amount of your FDIC insurance coverage, visit the EIDE home page at https://www.fdic.gov/edie/index.html.



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