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Personal Banking
Savings Accounts
| If you currently have: | REGULAR/EFT PASSBOOK IF AVERAGE BALANCE IS $50.00 OR LESS | REGULAR/EFT PASSBOOK STATEMENT SAVINGS | MONEY MARKET SAVINGS | NEW PRODUCT OFFERING |
| Your account will become: | Basic Savings | Statement Savings |
Money Market Account Please refer to Table 1 - Retail Checking Accounts |
IRA Savings |
| Minimum Balance | $50.00 average ledger balance | $200.00 (waived if under 18 years of age*) | $100.00 | |
| Required Opening Deposit | $50.00 | $100.00 | $100.00 | |
| Account Characteristics |
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| Interest | Interest accrues daily and is credited and compounded quarterly: | Interest accrues daily and is credited and compounded quarterly: |
Interest accrues daily and is credited and compounded monthly on the following tiers:
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| Service Charge | $3.00 monthly maintenance fee if monthly average ledger balance falls below $50 | $3.00 monthly maintenance fee if account falls below $200 on any day during the month. This fee is waived if you are under 18 years of age.* |
$8.00 annual maintenance fee. $25.00 termination fee |
Fees may reduce earnings
*If you are under 18 years of age, the account must be opened as a joint account with your parent or guardian.
