Monthly Maintenance Fee if Balance is
(per withdrawal after 2)
*Minor Deposit Accounts and Student Accounts
Minimum Balance and maintenance Fees are Waived.
*We reserve the right, at any time, to require not less than 7
days notice in writing before each withdrawal from an interest-bearing
account other than a time deposit, or from any other savings account
as defined by Regulation D.
Rate information - Your interest rate and annual percentage yield
Frequency of rate changes - We may change the interest rate on your
account at any time.
Determination of rate - At our discretion, we may change the interest
rate on you account.
Compounding and crediting frequency - Interest will be compounded
every day. Interest will be credited to your account every month.
Minimum balance to open the account - You must deposit $100.00 to
open this account.
Minimum balance to avoid Imposition of fees - A monthly maintenance
fee of $4.00 will be imposed every statement cycle if balance in
the account falls below minimum $200.00 on any day of the month.
Daily 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.
Accrual of interest on noncash deposits - Interest begins to accrue
no later than the business day we receive credit for the deposit
of noncash items (for example, checks)
Transfers from a Personal Savings account to another account or
to third parties by preauthorized, automatic, or telephone transfer
are limited to six per statement cycle with no transfers by check,
debit card, or similar order to third parties.
A withdrawal fee of $2.00 will be changed for each withdrawal in
excess of two during a month.
For minor deposit accounts and student accounts, the minimum balance
and maintenance fees will be waived.