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Savings

Whether you are saving for a vacation, a child's education, retirement or a rainy day, The Bank of Romney is here to help.
  • Minimum opening deposit of $10.00.
  • Minimum $5.00 daily balance to earn interest
  • Must maintain a minimum daily balance of $100.00 to avoid a $2.00 monthly maintenance fee
  • If account becomes inactive (dormant), all balances under $300.00 will be assessed a $3.00 dormant account fee per month
  • An account will become inactive or dormant if there is no customer activity in the previous 24 months
  • Anyone under 18 years of age will not be subject to the $2.00 monthly maintenance fee or $3.00 dormant account fee upon proof of age.
  • Interest* is compounded quarterly and credited to the account quarterly.
  • Statements will be issued quarterly.
  • Allows for six pre-authorized transfers each statement period (check, draft, pre-authorized or automatic transfers, telephone order or instructions, computer transfers, debit card or similar order to a third party).
* All interest rates are subject to change.
  • Minimum opening deposit of $10.00
  • Interest paid annually
  • Maximum deposit for the year, $5,000.00
  • Interest will be paid on all deposits up to $5,000.00
  • Only one account per social security number
  • Check mailed in October
  • Payments can be automatically deducted from your checking/savings account
  • Penalty for early withdrawal
  • Customers may only deposit into this account
* All interest rates are subject to change.
  • Under 18 years of age or an UTMA account
  • Minimum opening deposit $10.00
  • No Minimum balance required on all active accounts
  • Minimum $5.00 daily balance to earn interest
  • Interest* is compounded quarterly and credited to the account quarterly
  • Allows for six pre-authorized transfers each statement period (check, draft, pre-authorized or automatic transfers, telephone order or instructions, computer transfers, debit card or similar order to a third party.)
* All interest rates are subject to change.
  • Low minimum deposits of $500.00 for CDs of 18 months or shorter, $1000.00 for 24-60 month CDs
  • Flexible terms: 91 days to 60 months
  • 91 days to 12 months one withdrawal per term with penalty
  • 18 months to 60 months three withdrawals per year with penalty
  • Check our current interest rates*
  • Interest may be compounded, transferred to another account, or sent to you in a check
* All interest rates are subject to change.

Individual Retirement Accounts

  • Minimum opening deposit of $50.00
  • Traditional IRA
  • Roth IRA
  • A penalty may be imposed for early withdrawals.
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Mortgage Loans

Looking for your dream home?

We offer a variety of residential mortgage loan products to meet the needs of our community.