Checking Accounts

MINIMUM BALANCE REQUIREMENTS

A $50.00 deposit is required to open this account.  There is no minimum or average monthly balance required.

FEES AND CHARGES

This are no account fees, except the transaction limit charges described below.

TRANSACTION LIMITS

If more than 20 debit per month are paid on this account, a $3.00 maintenance fee will be charged.  In addition, $.15 per item will be charged for each additional check, in person withdrawal or other electronic debit paid in excess of 20 per month.

MINIMUM BALANCE REQUIREMENTS

A $50.00 deposit is required to open this account.  An average daily balance of $600.01 is required to avoid any fees or charges.

FEES AND CHARGES

Charges for this account are based on your average daily balance for the monthly billing cycle per the schedule below.  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.

• Over $600.01   no charge
• $400.01 to $600.00  - $3.00 per month
• $200.01 to $400.00 -  $4.00 per month
• Less than $200.00 - $5.00 per month

TRANSACTION LIMITATIONS

There is no limit on the number of checks paid on this account.

RATE INFORMATION

See interest rate page for current rate information. Your interest rate and annual percentage yield may change.

DETERMINATION OF RATE AND FREQUENCY OF RATE CHANGES

At our discretion, we may change the interest rate on your account.  The rate may change as often as every day.

COMPOUNDING AND CREDITING FREQUENCY

Interest will be compounded every month.  Interest will be credited to your account every month.

MINIMUM BALANCE REQUIREMENTS

You must deposit $1,200 to open this account.  A maintenance fee of $5.00 will be imposed each monthly statement cycle if the average daily balance for that cycle falls below $1,200.00. 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.

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 principal in the account each day.

ACCRUAL OF INTEREST ON NON-CASH DEPOSIT

Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items, for example, checks.

EFFECT OF CLOSING ACCOUNT

If you close your account prior to the monthly interest payment, you will not receive accrued interest.

RATE INFORMATION

See interest rate page for current rate information.  Your interest rate and annual percentage yield may change.

DETERMINATION OF RATE AND FREQUENCY OF RATE CHANGES

At our discretion, we may change the interest rate on your account.  The rate may change as often as every day.

COMPOUNDING AND CREDITING FREQUENCY

Interest will be compounded every month.  Interest will be credited to your account every month.

MINIMUM BALANCE REQUIREMENTS

You must deposit $2,500 to open this account.  A maintenance fee of $5.00 will be imposed each monthly statement cycle if the average daily balance for that cycle falls below $2,500. 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.

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 principal in the account each day.

ACCRUAL OF INTEREST ON NON-CASH DEPOSIT

Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items, for example, checks.

EFFECT OF CLOSING ACCOUNT

If you close your account prior to the monthly interest payment, you will not receive accrued interest.