Club Accounts

Ready to open your account? Call us at (207) 897-0900 for additional information and to get started today.

Save effortlessly with an OTIS Club Account. Our Club Accounts can help you budget for bills, holidays, and more – and they earn dividends. Taking advantage of automatic payroll deductions or direct deposits to your Club Account can make setting aside money throughout the year even easier. Ask us for more information today to get started!

All-Purpose Club Account

Invest today in a dividend-paying All Purpose Club and save for a rainy day, that special vacation, home improvements, or college expenses for the kids.

Bill Payer Club Account

Do you find it challenging to stick to a budget? Open a Bill Payer Club today and see how easy it is to have money set aside every week to pay your monthly, quarterly, and annual bills.

Holiday Club Account

For extra cash (and less stress!) around the holidays, start a Holiday Club now! Deposits can be made throughout the year via payroll deductions, direct deposit, cash, or check.

Please note: Withdrawals made from Holiday Club accounts more than seven (7) days after the account is opened and before the maturity date of 10/18/2023 are subject to a $5.00 penalty.

View Savings Rates

Savings Rates

Account TypeDividend RateAnnual Percentage YieldMinimum Opening/Required Balance
Membership Share (Savings)0.05%0.05%$25.00
Coindexter Club (Youth Savings - Under 13 years of age)0.05%0.05%$5.00
Teen Flex (Teen Savings - 13-15 years of age)0.05%0.05%$15.00
Share Draft (Checking)0.00%0.00%$0.00
Holiday Club*0.05%0.05%$0.00
*Withdrawals made more than 7 days after the account is opened and before the maturity date of October 18, 2024 are subject to a $5.00 penalty.

Rates effective 2/27/2024.

Money Management**

Tier 10.05%0.05%$0.00 to $1,999.99
Tier 22.96%3.00%$2,000.00 to $20,000.00
Tier 33.20%3.25%$20,000.01 plus
**Withdrawals must be $500.00 or more and limited to 3 withdrawals per month at no charge.
Excess withdrawals will be charged a $1.00 thereafter.

Rates effective 2/27/2024.
IRA Share0.05%0.05%$25.00
Roth IRA Share0.05%0.05%$25.00
Coverdell Educational IRA Share0.05%0.05%$25.00
Health Savings***$0.00
Tier 10.05%0.05%$0.00 to $1,999.99
Tier 20.85%0.85%$2,000.00 to $20,000.00
Tier 31.04%1.05%$20,000.01 plus
***Fees for stop payment, overdrawn/NSF share drafts, fee-based ATM withdrawals, replacement cards and the like, may not be deducted or withdrawn from health savings accounts. These fees shall be deducted from other accounts in which the health savings account owner has an interest.

Rates effective 2/27/2024.

How can OTIS work for you?

If you live, work, worship, or attend school in Franklin County, Canton, Fayette, Hartford, Leeds, Livermore, Livermore Falls, Mount Vernon, Readfield, Turner, Vienna, or Wayne, you’re eligible to be part of OTIS FCU – and we’d love to have you join our community.