Minimum Balance Requirements
You must deposit $100.00 to open this account.
Balance Computation Method
We use the daily balance method to calculate the interest on your
account. This method applies a daily periodic rate to the principal
in the account each day. Interest begins to accrue on the business
day you deposit noncash items, for example, checks.
Interest Compounded and Crediting
Interest for your account will be compounded and credited quarterly.
Funds can be transferred from this account by telephone transfer,
pre-authorized transfer or in-person withdrawal. You may make six
pre-authorized or telephone transfers from your account for each
Service Charge of $1.00 per month on balances below $100. Withdrawal
charge of $1.00 for each withdrawal over 5 per month when the account
balance falls below $500.
A $10.00 fee will be charged for closing an account within 30 days.
*Call bank for rates