Statement Savings Accounts


Interest is computed on the daily balance in the account and is compounded and paid monthly. The interest rate and annual percentage yield is subject to change at our discretion. If the minimum balance on any day of the calendar month falls below $50.00, there will be a monthly minimum balance service charge of $5.00. There is a $5.00 charge per withdrawal in excess of three per month.

Transfers to third parties by pre-authorized or automatic transfers are limited to six per month.

Personalized deposit and withdrawal tickets are issued. The savings register is supplied to you merely as a means of maintaining a record of your transactions. It should not be considered a passbook or official record of the account.

Statements are furnished at least quarterly.

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