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Accounts: Savings
Interest Bearing Savings Account
Requirements
- Minimum opening deposit of
$25.00
- You must maintain a minimum daily balance of $200.00 in the
account each day to obtain the disclosed APY
- You may make six (6) transfers
from your account each four (4) week or similar period, if by
preauthorized or automatic transfer, or telephone (including
data transmission) agreement, order or instruction or by
check, draft, debit card, or similar order (including POS
transactions), made by the depositor and payable to third
parties. Transfer and withdrawals made in person, by
messenger, by mail or at an ATM are unlimited.
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Benefits
- Variable rate of interest paid
quarterly
- Service fee is waived for seniors
and minors
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Cost
- If the quarterly balance falls below $200 any day of the
statement cycle a $2.00 service fee will be imposed.
- An excessive activity fee of
$1.00 will be charged for each withdrawal in excess of six
during each statement cycle.
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