Savings Account Disclosure

Savings Account Disclosure

This interest-bearing savings account is intended for personal or business use. The minimum opening deposit for this account is $100.00. The account must maintain a daily balance exceeding $0.01 to earn the stated Interest Rate and Annual Percentage Yield (APY). Interest earned will be paid to the account and compounded quarterly. Accounts with a daily balance of less than $300.00 on any day during the quarter will be charged a $10.00 quarterly service charge. The APY is variable and eligible to change on the 1st business day of each quarter. See our rate sheet for the current APY.  Both cash and non-cash items accrue interest on the business day that the transaction is processed. If you close the account before interest is credited, you will not receive the accrued interest.

If the primary account holder is under eighteen (18) years of age, no quarterly service charge will be assessed. Upon reaching the age of eighteen (18), a service charge of $10.00 will be imposed every quarter (03/31, 06/30, 09/30 and 12/31) if the daily balance is less than $300.00 in the quarter.

Copies of withdrawals and deposit slips, including associated images, will not be included with your monthly statement.

This account is not eligible for Courtesy Pay or Courtesy Pay PLUS.

Please see Miscellaneous Fees and Charges disclosure for a full list of the associated fees and charges specific to this account.