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Accounts: Savings

 

Requirements:

  • Minimum balance to open - $100.
  • No Minimum balance for minors under age 18. 
  • Savings transfers are limited to six (6) transaction statement cycle. 

Benefits:

  • Interest will be compounded quarterly and paid quarterly to account.   

Fees:

  • A service charge of $10 will be imposed every statement cycle if the balance in the account falls below $100 any day of the cycle.  (No minimum balance for minors under the age of 18).
  • An excessive item charge of $4 will be assessed for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of six (6) per quarter.

 

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