In a move designed to offer local residents some relief from skyrocketing energy costs, Jewett City Savings Bank is once again offering a high-interest Energy Savings Account. This will be the third consecutive year the special program has been offered by the Bank, according to Kevin C. Merchant, president and CEO.
“The Energy Savings Account was very popular last year,” said Merchant. “We’re pleased to offer it again now, to continue to help local residents meet the high cost of energy.”
The Energy Savings Account allows consumers the opportunity to earn a higher return on money they put aside for energy costs this winter. The account, which requires a minimum opening deposit of $100, will pay a guaranteed rate through April 20, 2009. Funds can be added at any time, in any amount, and a limited number of checks can be written on the account.
The deadline for opening an Energy Savings Account is September 6. The account is available at all offices of Jewett City Savings Bank.