calculatorSavings Calculator
Find out how consistent investments over a number of years can be an effective strategy to accumulate wealth.

Please note that all financial calculators require a Java enabled browser. For best results use Internet Explorer 4.0 and higher or Netscape Navigator 4.0 and higher. Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Savings Accounts

One of our goals is to help our customers reach financial independence.  The best way to do that is to save for the future.  With our savings account plans we guarantee that your money will earn a competitive rate.

Regular Savings Accounts

Minimum amount to open $100.00
Interest rate Contact WCSB for details
Annual percentage yield (APY) Contact WCSB for details
Interest computation method average daily balance*
Statement period quarterly
Interest compounding frequency quarterly
Interest crediting frequency quarterly
Transaction limitation only 3 per quarter/statement cycle
Dormant Account fee

$5 per month up to 12 months, after 12 months of inactivity

Transaction limitation:
During any statement cycle, you may not make any more than six (6) withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer, telephone order or instruction, computer transfer, or by check, draft, debit card, or similar order.  If you exceed the limitations set forth above, your account shall be subject to closure.

Additional Terms:
During any statement cycle, you are allowed 3 withdrawals/debits.  After 3 withdrawals/debits, you will be charged $1 per debit.

*The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing the figure by the number of days in the period.


Christmas Club Accounts

Minimum amount to open $  25.00
Interest rate Contact WCSB for details
Annual percentage yield (APY) Contact WCSB for details
Interest computation method average daily balance*
Statement period quarterly
Interest compounding frequency annually
Interest crediting frequency annually
Transaction limitation annual withdrawal on November 1st $10 for each withdrawal Prior to November 1st
Dormant Account fee

$5 per month up to 12 months, after 12 months of inactivity

*The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing the figure by the number of days in the period.

^return to top