SERVICE

Current Rates

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You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed, or check our website at waynesavings.com.

Additional Information

¹Interest rate - Variable rate. Your interest rate and the Annual Percentage Yield may change on our variable accounts. At our discretion, we may change the interest rate on your account at any time.  If applicable, service charges could reduce your earnings. You will get a monthly account statement (unless there are no electronic transactions in a particular month. In any case you will get the statement at least quarterly).

²No service charge, unless the balance falls below $50 any time during the month, then a $5 monthly service charge applies (account may close). Interest is compounded and paid quarterly. Transaction Limits apply. See Personal Account Disclosure & Fee Schedule for further information.

³No monthly service charge. Interest is compounded and paid quarterly. Transaction Limits apply. See Personal Account Disclosure & Fee Schedule for further information.

⁴Interest is compounded monthly and credited on the cycle date (monthly). No service charge, unless balance falls below $2,500 at any time during the month, then a $10 monthly service charge applies. Combined total of checks written and electronic transactions may not exceed six (6) during the same cycle period (See Personal Account Disclosure & Fee Schedule for further information.) Statements sent monthly with check images (12 images per page) at no charge.

⁵No monthly service charge. Deposits can mage in any amount at any time up to the annual contribution limit as determined by the Internal Revenue Service (IRS). Interest is compounded and paid quarterly.

⁶No monthly service charge. Unlimited check writing on collected balances. Orders of Health Savings Wallet Checks through Wayne Savings are free. Statements sent monthly. Check images will be included in your statement at no charge. A year-end statement will also be provided. Contributions can be made at any time in any amount, up to the yearly contribution limits set by the IRS. Disributions can be made via check and in-person at any time for any amount, up to the collected balance of the account. Transaction restrictions apply yo the Mastercard Health Savings Card, if applicable. See Personal Account Disclosure & Fee Schedule for further information. Interest is compounded monthly and credited on the cycle date (monthly). In order for the Bank to manage reserve requirements imposed by Federal Reserve Board Regulation D, Health Savings Accounts with the Bank consist of two subaccounts, a transaction (checking) subaccount, and a savings subaccount. Although we maintain these subaccounts as two separate (but related) accounts on our records, the subaccounts are combined on your statement and when you access your account electronically. Your statement will reflect one balance. The Bank may transfer funds between these subaccounts in accordance with federal regulations. Maintaining separate transaction and savings subaccounts for your HSA does not affect the amount of your FDIC insurance, the interest you earn or any other feature of your account.

⁷No service charge, unless the balance falls below $25,000.00 any time during the month, then a $15 monthly service charge applies.

For retirement accounts, withdrawals may result in adverse tax consequences under IRS rules.

View Important Information & Fees

You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed, or check our web site at waynesavings.com.

Additional Information:

Rate of earnings is fixed for the term, and is determined solely by Wayne Savings. Early withdrawal penalties apply. For retirement accounts, withdrawals may result in adverse tax consequences under IRS rules. All new and renewed certificates will receive quarterly compounding, with the exception of the 91 day and 182 day certificate of deposit which compound at maturity.  See the Personal Account Disclosure & Fee Schedule for further information.

Renewal Information - Auto Renewal. CDs will renew at the same term, unless otherwise specified. The Short Term Relationship CD Special (10 month term) will automatically be renewed as 12 month. The 24 Month Relationship CD Special will automatically be renewed as 12 month.  The 36 Month Relationship CD Special will automatically be renewed as 12 month.  The 48 Month Relationship CD Special will automatically be renewed as 12 month.   The 60 Month Relationship CD Special will automatically be renewed as 12 month.

IRA Fixed Term Certificates - Any fixed term Certificates of Deposit are available as an IRA.

⁸ Relationship is defined by having a Wayne Savings checking account with both deposits and withdrawals in the last 30 days. Customers that open a checking account on the same day as a Relationship CD is opened will also qualify for the special as long as Wayne Savings assists the customer in moving their relationship to Wayne Savings. The Bank reserves the right to limit Relationship CD Specials to a maximum deposit amount of $250,000.  The Short Term Relationship CD Special (10 month term) will automatically be renewed as 12 month. The 24 Month Relationship CD Special will automatically be renewed as 12 month.  The 36 Month Relationship CD Special will automatically be renewed as 12 month.  The 48 Month Relationship CD Special will automatically be renewed as 12 month.   The 60 Month Relationship CD Special will automatically be renewed as 12 month.