Personal Banking
![](https://promiseone.bank/wp-content/uploads/2014/10/Happy-Installment-savings-1.jpg)
YOU SET THE GOAL
You choose the Goal Amount, the term and the monthly deposit amount that fits your budget and plan. It is a simple and a safe way to provide for your planned expense.
*For details, please stop by or call one of our offices.
OUR ASSISTANCE
Saving can be a challenge. We are here to help you reach your goal by offering a flexible interest bearing installment savings account.
Interest Compounding & Credit Frequency.
Interest will be compounded daily and credited to your account every quarter.
Interest does not accrue after maturity.
Minimum Opening Deposit ![](https://promiseone.bank/wp-content/uploads/2014/06/arrow_box-1.png)
The minimum opening deposit is the amount of your first installment deposit and varies based upon your goal amount and term. The minimum goal amount is $1,000.00.
Transaction Limitation ![](https://promiseone.bank/wp-content/uploads/2014/06/arrow_box-1.png)
You may not make withdrawals from this account. If you choose to make a withdrawal then you must withdraw the total balance and close your account. Since the interest is calculated on the basis of an actual deposit, if you make a deposit before or after the due date, the Account balance and the goal amount may be different than your original goal amount.
Early withdrawal penalty may apply – 90 days interest.