Initial Debit Card is Free
Unlimited Deposits – No Charge
Free Online Banking*
Free E-Statement (with Online Banking)*
Free Mobile Banking*
Free Mobile Deposit*
Free Express Phone Banking*
VARIABLE RATE INFORMATION
See the rate sheet for the interest rate and annual percentage yield on your account. Your interest rate and annual percentage yield may change. We use the market to determine interest rates. At our discretion, we may change the interest rate on your account. We may change the interest rate on your account at any time.
COMPOUNDING AND CREDITING
Interest will be compounded monthly. Interest will be credited to your account monthly.
If you close your account before interest is credited, you will not receive the accrued interest.
MINIMUM BALANCE REQUIREMENTS
Minimum Opening Deposit $1,000.00
Minimum Ledger Balance to Avoid Monthly Service Charge $1,500.00
BALANCE COMPUTATION METHOD
We use the Average Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the average daily balance in the account for the period. 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.
ACCRUAL ON NON-CASH DEPOSITS
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
FEES AND CHARGES
Monthly Service Charge
If your ledger balance falls below $1,500.00 during statement period $8.00
Per Check Fee
If the ledger balance falls below $500.00 the fee is $0.15 per check
See Schedule of Fees for other charges that may be incurred.
ADDITIONAL DISCLOSURE INFORMATION
Statement Period: Monthly
The following will apply if you are eligible for and have Overdraft Privilege on this account. It is our policy that overdrafts must be covered as soon as possible but within 30 days of the first occurrence of an overdraft. When a customer exceeds their overdraft privilege limit, our policy is not to permit further overdrafts.
*Message, data, and/or internet service provider rates may apply, as applicable.