200 North Adams Ave
Rayne, LA 70578
ph 337-334-7535
fax 337-334-4261

Savings

Rayne Building and Loan offers a variety of savings products for customers in the Acadiana area. The Association discourages opening of deposit accounts from outside our business area.

Regular Savings Account

  • $50 minimum deposit to open
  • Interest compounded daily and paid quarterly
  • Quarterly history statement
  • $1 quarterly fee if balance drops below $50
  • Six withdrawals allowed per month; $3 each thereafter
  • Early closure fee of $25 if closed within first year
  • $2 at dormancy and every quarter thereafter

Christmas Club Account

  • $5 minimum deposit to open
  • Interest compounded daily
  • Weekly, biweekly, or monthly payment schedule
  • Maximum monthly contribution of $1,000
  • Account pays annually in October

Certificates of Deposit Account

  • $1,000 minimum balance
  • Interest compounded daily
  • 6, 12, 18, 24, 36, and 60-month terms

Individual Retirement Account

  • Traditional and Roth IRAs
  • Certificate account
  • 18-month fixed and variable rate

Please call (337) 334-7535 for current rates and further information.

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