Regular Savings

  • Online Banking with Bill Pay
  • Notary Service
  • Monthly Statements with Images
  • Variable Interest Rate Credited and Compounded Quarterly

Limitations: You must deposit $25.00 to open this account.

You must maintain a minimum average daily balance of $25.00 to obtain the disclosed annual percentage yield.

You may make six(6) transfers from your account each four(4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Account Fees: A low balance service charge of $1.00 will be imposed if the average current balance for the quarter falls below $10.00. This is assessed quarterly. An excessive-withdrawal penalty of $1.00 will be imposed for each debit transaction in excess of 6 per month. This is assessed quarterly.

 

Transactions: Transfers from a Passbook Savings Account are permittes or authorized to make no more than six transfersor withdrawals, or a combination of such transfers and withdrawals, per calendar month or statement cycle. 

Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum average daily balance of $25.00 to obtain the disclosed annual percentage yield.The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle. .