Sunday, December 17, 2017

Personal Savings

Interest is paid on all savings accounts and rate of interest may be changed at any time at bank discretion.Personal Savings

CONSUMER SAVINGS

  • Minimum of $50.00 required to open account.
  • Service Charge of $4.00 every quarter if balance falls below $50.00 any day of quarterly statement cycle.
  • No more than 6 withdrawals or transfers to another account of yours or to a third party by preauthorized, automatic transfer, telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party during any calendar month.
  • Excessive activity charge of $4.00 charged for each debit transaction in excess of 6 withdrawals per quarter.
  • Interest credited to account quarterly

MINOR SAVINGS

  • YOU MUST BE UNDER AGE 18 TO OPEN ACCOUNT.
  • Minimum of $10.00 required to open account.
  • No more than 6 withdrawals or transfer to another account of yours or to a third party by preauthorized, automatic transfer, telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party during any calendar month.
  • Excessive activity charge of $4.00 for each debit transactions in excess of 6 withdrawals per quarter.
  • Interest credited to account quarterly

Money Market

  • Minimum of $2,500.00 required to open account
  • Minimum balance requirements:
  • To avoid monthly service charge, daily balance of $2,500.00 must be maintained
  • Minimum daily balance of $2,500.00 must be maintained to obtain annual percentage yield.
  • Monthly service charge of $10.00 if balance falls below $2,500.00 at any time during statement cycle.
  • Excessive Money Market transaction fee of $5.00 will be charged for each debit in excess of 6 per month
  • Checks provided by bank for Money Market account.