Requirements:

• Minimum balance to open account - $200.00.

Benefits:

• We use the daily balance method to calculate the interest to your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue the business day you deposit it. Interest is credited quarterly.  

Cost:

• A service charge fee of $2.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of three during a statement cycle.
• Transaction limitations – Transfers from a Regular Savings account to another account or to third parties by pre-authorized, automatic, or telephone transfer are limited to six per quarter with no transfers by check, draft, debit card, or similar order to third parties. 

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