An excellent account for those wanting quick access and guaranteed liquidity in a short-term environment, the Silver Savings is a popular account among our depositors. This account earns a premium interest rate with balances of $10,000 or more. Interest rates on this account change quarterly. Withdrawals may be made from your Silver Savings account, with NO penalty, during the first ten calendar days of each quarter (January, April, July and October). Penalty for other withdrawals is loss of one month's interest on amount withdrawn, with a minimum of $15. Additional deposits are accepted; and we ask that you deposit at least $1,000 to open the account. Account opening is subject to credit approval.