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$1,000 deposit required to open account.
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$1,000 average collected balance required per statement period to avoid a service charge. If the average collected balance is $500.00 - $999.99 a $3.00 monthly charge will be assessed. If the average collected balance is $499.99 and below a $6.00 monthly charge will be assessed.
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Variable interest rate paid on 100% of daily collected balance. (Rates subject to change daily at bank's discretion.)
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6 preauthorized transactions from your account allowed each statement period, including telephone and automatic transfers. 3 of the 6 transactions may be by check or draft to third parties. Each subsequent transaction will be charged $5.00 in addition to other fees and charges.
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Free First Bank Check Card or Advantage Banking Direct Cash Card. (Checking account required for Check Card issuance.)
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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.
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You must maintain a balance of $0.01 to obtain the disclosed annual percentage yield.
