Regular Savings
- $100 deposit required to open
- No minimum balance required to earn interest
- Limit six (6) transactions per calendar month
- Free Online Banking
- Statements mailed quarterly
- Interest will be accrued daily, credited quarterly and paid on the collected balance
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 principle in the account each day.
Transaction Limitations: You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts and debit card or other similar transactions from your account per month or statement cycle.
Accrual of Interest on Non-Cash Deposits: Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
Effect of Closing an Account: If you close your account before interest is credited, you will not receive the accrued interest. Rate Information: Interest rate and annual percentage yield may change at any time.
Fees: A transaction fee of $2.00 will be charged for each withdrawal in excess of six during a calendar month.
Frequency of Rate Changes: We may change the interest rate on your account at any time.
