SAVINGS
ACCOUNT
Minimum
amount to open account.........................$100.00
Balance required to avoid service charge.................$10.00
Quarterly Service Charge: $1.00 if balance falls below $10.00 on any
day
during the quarterly statement cycle.
For INTEREST
RATE and ANNUAL PERCENTAGE YIELD information see Investment
Products
ALL
RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.
Method
of Computation: Daily Balance
(The Daily Balance is determined by the application of a daily periodic rate to
the full amount of principal in the account each day.)
Interest Compounded: Daily
Interest Credited: Quarterly
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
accrued 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............................................................................Quarterly
Overdraft
Charge...........................................................................$24.50
per item
Non-sufficient Funds (NSF)
Charge................................................$24.50 per item
Stop Payment
Charge.....................................................................$22.00
per item
Deposit Check Return Charge (Charge Back)................................$3.00
per item
Transaction
Limitations: Transfers from a Savings account to another account or to
third parties by preauthorized, automatic or telephone are limited to six per
month.
Fees:
An excess withdrawal fee of $1.00 will be charges for each withdrawal in excess
of six during a quarterly statement cycle.
