- Minimum balance to open - $100.00
- You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
- We will use the daily balance method to calculate interest on your account and credit your interest earned to your account quarterly. This method applies a daily periodic rate to the principal in your account each day.
- A service charge fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day during the month.
- An excessive withdrawal charge of $2.00 will be charged for each withdrawal in excess of one (1) during a month.
- If you close your account before interest is credited, you will not receive the accrued interest.
Contact us for detailed information.