-
Recommended for customers under 18 or 50 and older.
-
All of the features of the Regular Savings Account with the additional benefit of no service charge, regardless of the balance maintained. (Withdrawal charge over 4 does not apply.)
-
6 preauthorized withdrawals, automatic or telephonic, checks, drafts, or debit card or similar transactions from your account allowed per month or statement cycle. Each subsequent transaction will be charged $5.00 in addition to other fees and charges.
-
$10 required to open account.
-
At age 18 the account will automatically transfer to a Regular Savings account
-
Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
-
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
-
We use the daily balances method to calculate interest on your account.
-
You must maintain a balance of $0.01 to obtain the disclosed annual percentage yield.