Requirements:
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- Minimum balance to open - $100.
- No Minimum balance for minors under age 18.
- Savings transfers
are limited to six (6) transaction statement
cycle.
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Benefits:
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- Interest will be compounded
quarterly and paid quarterly to account.
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Fees:
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- 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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