Passbook Savings Account

99674479 Passbook_medTraditional, dependable, easy savings.

A Hatboro Federal Passbook Savings Account is a safe, secure, interest-bearing account with convenient record keeping features. It’s still one of the easiest ways to get in the habit of saving.

  • $50 minimum deposit to open account
  • $100 daily minimum balance required to earn interest
  • Variable interest rate, which may adjust daily, on the entire balance
  • Interest is compounded and credited quarterly from the first day of deposit
  • Monthly service charge if account is dormant for two years and the minimum daily balance falls below $100 in any given month
  • All transactions recorded in a passbook for easy record keeping

The simplicity of a Passbook Savings Account makes it perfect for people of all ages, particularly teenagers who want to get into the habit of saving money.

Current Rates

Each depositor is insured to at least $250,000 by the FDIC.  For more information, go to http://www.fdic.gov.