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Savings Accounts


Adams Community Bank realizes that building your assets is our ultimate goal.  That is why we have passbook and statement savings accounts as well as innovative savings deposit accounts for customers, all while making it easy and convenient. We realize that you require an account that suits not only your needs but your lifestyle. That's why we offer a range of accounts with competitive rates and provide you with savings calculators to help project your assets.

Visit one of our seven branch locations to meet with a customer service representative and discover which savings account best matches you!

 

 

 

Security Safeguards
Security Safeguards
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SMS Text Banking
Now you can review your finances via simple text messaging on your mobile phone. Need to check your balance and look at your transactional history? Use your phone with the safety and security you’ve come to expect to truly make your money work where and when you need it. Signing up is free*.  Just log into your account and register for Mobile Text Banking on the Account Services page.

*Data fees may apply from your mobile carrier. 

Mobile Banking

It's Free & Easy to view your account information, transfer funds and pay your bills from your mobile device! No registration is required! Just login using your existing online username and password.

* Data fees may apply from your mobile carrier.
 



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Protect Yourself

Adams Community Bank takes the security and privacy of our customer information seriously. To that end, on these pages are some tips for protecting your personal information. Taking just a few easy precautions can help protect your financial and personal information against identity theft. Education and awareness are great first steps.

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Copy of Your Deed Scam

Berkshire residents should be aware of a scam to purchase a copy of their deed.

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Mortgage Loan Officers (MLO)

Finding the right home can be challenging. Applying for your mortgage shouldn't be! That's why Adams Community Bank has nine licensed Mortgage Loan Officers that would love to assist you in re-financing or applying for a mortgage.

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iSWITCH
 
Adams Community Bank's simple online process makes switching your accounts as easy as "ABC."  

Switch Now    |   Download PDFs
Recent News & Events

July 24    Morning with the Steeplecats @ Park Street Branch (9-12pm) 
July 28   Main Street Stage Backyard Tour 
July 28   Steeplecats game sponsored by Adams Community Bank 
July 30   Adams Street Fair 
Aug 15    N. Adams Mayor's Downtown Celebration
Aug 24    Adams Movie Night sponsored by Adams Community Bank 

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About Banking Smarts©

Adams Community Bank's goal is to assist customers to become more informed about their finances. Here you’ll find timely tips; audio seminars; articles; and lots of info by industry experts. We encourage you to peruse these tabs and start banking smart.

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Chat with the Experts: Rory Vaden
Rory shares how to roll up your sleeves and create the hard work mentality necessary to thrive in life today. He is a Gen Y that has made a profound impact on people of all generations on how to get over an entitled mentality and how to be responsible for the outcomes of your life.
Rory shares how to roll up your sleeves and create the hard work mentality necessary to thrive in life today. He is a Gen Y that has made a profound impact on people of all generations on how to get over an entitled mentality and how to be responsible for the outcomes of your life.

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Accounts) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).  Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all nontinterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. 

For more information about FDIC insurance coverage of noninterest bearing transaction accounts, visit
www.fdic.gov/deposit/deposits/unlimited/html.

However, your deposits at Adams Community Bank remain insured in full under The Depositors Insurance Fund.       

ADAMS COMMUNITY BANK
ADAMSCOMMUNITY.COM
(413) 743-0001



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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit
www.fdic.gov.

However, your deposits at Adams Community Bank remain insured in full under The Depositors Insurance Fund.

ADAMS COMMUNITY BANK
ADAMSCOMMUNITY.COM
(413) 743-0001
Business Lending Team
William Wheelock SVP, Credit Administration Email Bill (413) 749-1125
Pamela Duval  VP, Underwriting & Analysis Email Pam (413) 749-1135



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Business Development Team
Maureen Baran SVP, Business Development Email Maureen (413) 749-1171
Pamela Duval  VP, Underwriting & Analysis Email Pam (413) 749-1135
Laurie Pelczynski Business Development Officer Email Laurie (413) 749-1122
Kristin Bona Business Development Specialist Email Kris (413) 749-1165
Optimum Personal Account
Our Optimum Personal Account is the answer to a high yield savings account with the convenience of account to account transfers through online banking. This three tiered-rate account allows you to automatically earn more money based on your account balance.

SAVINGS ACCOUNT TYPE  APY*  MINIMUM DEPOSIT TO OPEN MINIMUM BALANCE TO OBTAIN APY
Optimum Personal Account**  0.20% $0.01  $10 to $74,999.99 
Optimum Personal Account** 0.45% $0.01  $75,000 to $149,999.99 
Optimum Personal Account** 0.60% $0.01  $150,000 and Over 

EFFECTIVE MARCH 5, 2012

*The Annual Percentage Yield (APY) is accurate as of the Effective Date listed above. Fees may reduce earnings on an account. The rate on this account is variable and may change after the account is opened.

** A monthly fee of $40.00 will be imposed in any statement cycle if the balance in the account falls below $25,000.00 any day of the cycle.

Statement Savings
  • Minimum deposit to open is $10.00
  • Interest rates are compounded daily
  • Easy-to-read monthly statement for accurate record keeping
  • Access your funds by:
    • Calling our 24-hour Bank by Phone 1-888-338-7272
    • Using online banking
    • Adams Community Bank ATM Card
  • Account restrictions:
    • Federal Regulation D limits the number electronic withdrawals or transfers made in a monthly statement cycle from savings accounts.
    • Transfers from a Statement Savings Account to another account or to third parties by preauthorized automatic, telephone or computer transfer are limited to six (6) per month.
    Passbook Savings Account
    • No monthly fees
    • No minimum balance to open
    • Interest rates are compounded daily
    • Passbook provides an accurate record of transactions
    • Access your funds by calling our 24-hour Bank by Phone 1-888-338-7272
    • Account restrictions:
      • Federal Regulation D limits the number electronic withdrawals or transfers made in a monthly statement cycle from savings accounts.
      • Transfers from a Passbook Savings Account to another account or to third parties by preauthorized automatic, telephone or computer transfer are limited to six (6) per month.
     online banking

               
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