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DEPOSITS
12 Months Ended
Sep. 30, 2016
Deposits [Abstract]  
DEPOSITS

NOTE I - DEPOSITS

 

A summary of deposits by type of account follows:

 

   September 30, 
   2016   2015 
   (In thousands) 
Demand accounts  $94,462   $87,915 
Savings accounts   100,706    90,196 
NOW accounts   49,045    41,457 
Money market accounts   114,458    103,593 
Certificate of deposit   114,355    122,088 
Retirement accounts   19,624    21,020 
   $492,650   $466,269 

  

The current FDIC insurance limit on bank deposit accounts is $250,000. The aggregate amount of deposit accounts with a minimum denomination of $250,000 was approximately $223.1 million at September 30, 2016. The aggregate amount of certificate deposits, including individual retirement accounts with balance of $250,000 or more was $30.1 million at September 30, 2016.

 

At September 30, 2016, certificates of deposit (including retirement accounts and brokered certificate deposit accounts) have contractual maturities as follows (in thousands):

 

Year Ending September 30,    
2017  $56,493 
2018   33,308 
2019   27,600 
2020   5,080 
2021 and after   11,498 
   $133,979