Online Banking


Statement Savings

This basic savings account will help you save for your goals. STAR Network ATM Card

  • Online Banking
  • Three (3) free withdrawals per month

Minimum deposit of $50.00 is required to open a Statement Savings Account. Your interest rate and annual percentage yield may change at our discretion. Three free withdrawals per month are allowed with a $1.00 “Excessive Withdrawal Fee” assessed for each additional withdrawal. A $10.00 per month “Dormant Account Fee” (No activity for 6 months) is charged if the balance is below $100.00. The account is limited to six (6) transactions per month.

Christmas Club

It’s easy to plan ahead for the holidays with a Davis Trust Company Christmas Club Account! Choose how much you would like to save and set up an automatic deposit or make deposits on your own anytime throughout the year. Accounts mature in October and savings can be direct deposited into a Davis Trust Company account or mailed by check.

  • $1.00 weekly – $50.00 total
  • $2.00 weekly – $100.00 total
  • $3.00 weekly – $150.00 total
  • $5.00 weekly – $250.00 total
  • $10.00 weekly – $500.00 total
  • $20.00 weekly – $1,000.00 total
  • $30.00 weekly – $1,500.00 total
  • $40.00 weekly – $2,000.00 total

Total amounts based on 50 deposits of chosen amount. Interest is accrued based on the daily balance and will be paid at maturity providing all 50 payments have been made. If account is closed prior to maturity a closing fee of $10.00 applies and forfeiture of accrued interest.

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Certificates of Deposit (CD)

Competitive fixed term/fixed rate certificates with maturities from 90 days to 60 months. Penalty for early withdrawal. Minimum investment on certain certificates start at $500.

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Individual Retirement Accounts (IRA)

Our fixed term/variable rate Traditional or Roth IRA accounts offer a convenient way to save for retirement. IRA accounts can offer tax-deferred advantages over other savings instruments. Penalty for early withdrawal may apply. Our IRA accounts earn interest at a rate that is set on the 36-month Certificate of Deposit rate that is updated weekly and credited quarterly.

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Insured Cash Sweep (ICS) and Certificate of Deposit Account Registry Service (CDARS)

Would you like access to multi-million-dollar FDIC protection on your large deposits while earning interest? Davis Trust Company offers IntraFi Network Deposit services. IntraFi Network Deposits CD Option, formerly known as CDARS, is one of the safest and smartest tools for investors looking to protect deposits that exceed the standard FDIC insurance maximum of $250k while earning CD-level returns that may compare favorably to Treasury and money market mutual funds. Work directly with our financial institution to set your interest rate per maturity on investment and receive one regular detailed statement. Contact Rachel Hayes at (304)636-0991 ext. 288 for more information.

*Placement of funds through the IntraFi Network Deposits CD Option, formerly known as CDARS, is subject to the terms, conditions, and disclosures in the service agreements, including the Deposit Placement Agreement (“DPA”). Limits apply. Although funds are placed at destination banks in amounts that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”), a depositor’s balances at the relationship institution that places the funds may exceed the SMDIA (e.g., before IntraFi Network Deposits CD Option settlement for a deposit or after IntraFi Network Deposits CD Option settlement for a withdrawal) or be ineligible for FDIC insurance (if the relationship institution is not a bank). As stated in the DPA, the depositor is responsible for making any necessary arrangements to protect such balances consistent with applicable law. If the depositor is subject to restrictions on placement of its funds, the depositor is responsible for determining whether its use of CD Option of IntraFi Network Deposits satisfies those restrictions. IntraFi Network Deposits CD Option is a registered service mark of IntraFi Network LLC (“IntraFi”).