Savings

Balance Requirement

• Your must deposit $100.00 to open an account.
• You must maintain a minimum balance of $60.00 in the account to obtain the annual percentage yield.

Service Charges During the Statement Period

• You will be allowed eighteen withdrawals per quarter without charge. You will be charged $.25 for each withdrawal in excess of eighteen during the quarter.
• During any monthly statement cycle, you may make 6 preauthorized transfers or withdrawals from your account per month. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure.
• A maintenance fee of $2.50 will be charged quarterly if your account balance is less than $50.00 and your account becomes dormant (547 days without activity).

Compounding and Crediting

• Interest on Savings accounts is compounded quarterly and added to the account balance on the last day of the statement period.

Accrual of Interest on Non-Cash Deposits

• Interest begins to accrue on the business day you deposit non-cash items (for example-checks).

Additional Information

• The interest rate and annual percentage yield are available at the New Accounts desk.
• This is not a full disclosure of all terms and conditions of this account. Additional information is available at the New Accounts desk.