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DEPOSITS
12 Months Ended
Sep. 30, 2017
Deposits [Abstract]  
DEPOSITS

NOTE I - DEPOSITS

 

A summary of deposits by type of account follows:

 

   September 30, 
   2017   2016 
   (In thousands) 
Demand accounts  $98,728   $94,462 
Savings accounts   107,362    100,706 
NOW accounts   43,556    49,045 
Money market accounts   137,527    114,458 
Certificate of deposit   108,740    114,355 
Retirement accounts   19,288    19,624 
   $515,201   $492,650 

 

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 $227.2 million at September 30, 2017. The aggregate amount of certificate deposits, including individual retirement accounts with balance of $250,000 or more was $31.5 million at September 30, 2017.

 

At September 30, 2017, certificates of deposit (including retirement accounts and brokered certificate deposit accounts) have contractual maturities as follows (in thousands):

 

Year Ending September 30,    
2018  $71,995 
2019   33,334 
2020   7,754 
2021   10,198 
2022 and after   4,747 
   $128,028