Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-128. Earnings not distributed

An association may provide by resolution of its board of directors that it shall not distribute earnings on any savings account of less than a minimum amount fixed by such resolution, which amount shall be not more than fifty dollars ($50), or on any Christmas club, vacation club or other similar account in which the account is listed for withdrawal no later than fifteen months after the date of opening; and may, by resolution of its board of directors, fix a lesser amount than such minimum with respect to the distribution of earnings on savings accounts established in connection with a program offered by such association to children for the encouragement of thrift.