Regular Savings

• You must deposit $50.00 to open this account.
  
• A maintenance charge of $6.00 will be imposed every quarter if the balance in the account falls below $200.00 any day of the cycle.
  
• Interest will be credited to your account every three months.
  
• If you close your account before interest is credited, you will not receive the accrued interest.
  
• Interest will be compounded daily. We use the daily balance method to calculate interest on your account.  This method applies a periodic rate to the principal in the account each day.
  
• Interest begins to accrue on the business day you deposit noncash items (for example, checks).
  
• Transfers from a Regular Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per monthly statement cycle with no more than three by check, draft or similar order to third parties.
  
• A customer debit fee of $3.00 will be charged for each withdrawal in excess of 3 during a quarter.  This fee will not apply to groups and club accounts.