Checking

Regular Checking

  • Minimum balance required to open this account is $50.
  • If the average balance during the statement cycle is above $300 there will be no monthly service charges.
  • If the average balance during the statement cycle falls below $300 there will be a $4.00 monthly service charge.
  • Account holders 62 years and older will not be charged a maintenance service charge on their personal account.
  • Students 21 years and younger will not be charged a maintenance service charge on their personal account.
  • Insufficient funds or overdraft items will be charged a $25.00 per debit item.

 

NOW Accounts

  • Minimum balance to open a NOW account – $1500.00
  • Interest will be compounded and credited to your account every month.
  • If you close your account before interest is credited, you will not receive the accrued interest.
  • A service charge of $5.00 will be imposed every statement cycle if the balance in the account falls below $1500.00 on any day during the statement cycle.
  • A debit charge of $.15 per item will be charged for each debit transaction if the daily balance falls below $1500.00 on any day during the statement cycle.
  • We use the 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.
  • Your interest rate and annual percentage yield may change at any time.