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Make weekly deposits into this account to save for your summer vacation. Interest is paid at maturity with a check mailed to the accountholder for the total of the principal and interest. Accounts can be opened beginning in May and mature in the following April. Minimum deposit to open account: $5.00.
Deposit accounts at the Bank of Geneva are insured by the Federal Deposit Insurance Corporation (FDIC). Request a Truth-in-Savings disclosure for further details on this account.