NOW Account
Minimum deposit to open
account.........................................$1,000.00
Balance required to avoid service charge............................$1,000.00
Monthly service charge: $5.00 if balance falls below $1,000.00 on any day
during the monthly statement cycle.
For INTEREST
RATE and ANNUAL PERCENTAGE YIELD information see
Investment Products
Minimum balance required to obtain APY as listed.........................$1,000.00
Method of
computation.............................................................Daily
Balance
(The Daily Balance is determined by the application of a daily periodic rat to
the full amount of principal in the account each day.)
Interest compounded...................Daily
Interest credited............................Monthly
Accrual of interest on non-cash deposits: Interest begins to accrue when
funds are collected.
If you close your account before interest is credited, you will receive the
accrues interest up to, but not including, date of closure.
Your interest rate and annual percentage yield may change. At our
discretion, we may change the interest rate on your account at any
time.
Statement
Period......................................................................Monthly
Cost for check printing varies depending on the style of checks ordered.
Overdraft
Charge......................................................................$22.00
per item
Nonsufficient funds (NSF) charge...........................................$22.00 per item
Stop Payment
Charge..............................................................$22.00 per
item
Deposit Check Return
Charge.................................................$3.00 per item
