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$50 deposit required to open account.
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$200 minimum daily balance required to avoid $0.50 service charge per month.
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Variable interest rate paid on 100% of daily collected balance. (Rates subject to change daily at bank’s discretion.) You must maintain a balance of $0.01 to obtain the disclosed annual percentage yield.
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Four free withdrawals or debits per month. Withdrawals over four are subject to a $1.00 per item charge.
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Convenient automatic transfers available from other First Bank accounts.
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6 preauthorized transactions from your account allowed each month, including telephone and automatic transfers. Each subsequent transaction will be charged $5.00 in addition to other fees and charges.
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Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
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Interest will be compounded monthly and credit to the account monthly. If you close the account before interest is credited you will not receive the accrued interest.
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We use the daily balance method to calculate interest on your account.
