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Accounts: Savings

 

Description:

  • PROVIDES YOU WITH AN INTEREST-EARNING ACCOUNT WITH LIMITED WITHDRAWALS. FOR CUSTOMERS WHO DO NOT WRITE MANY CHECKS - A GREAT WAY TO SAVE MONEY FOR THE FUTURE. GREAT ACCOUNT TO START A SAVINGS PROGRAM. 

Requirements:

  • INITIAL DEPOSIT OF $100.00
  • 3 WITHDRAWS IN A QUARTER CYCLE 

Benefits:

  • A HIGHER INTEREST RATE THAN MOST ACCOUNTS
  • CAN BE USED AS A NSF PROTECTOR FOR ANOTHER ACCOUNT
  • RECEIVE AN ITEMIZED STATEMENT QUARTERLY  

Cost:

  • THERE IS NO SERVICE CHARGE FEE, BUT A CHARGE OF $5.00 EACH WITHDRAWAL AFTER THREE WITHDRAWS HAVE BEEN MADE IN A QUARTER CYCLE PERIOD.
  • DAILY BALANCE OF $50.00 REQUIRED, A FEE OF $8.00 WILL BE CHARGED IF THE ACCOUNT FALLS BELOW THIS BALANCE.*

 


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