Minors Savings

• You must deposit $10.00 to open this account.
• Interest will be credited to your account every 3 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).
• You may make no more than six preauthorized withdrawals, automatic or telephone transfers, checks, drafts, and debit card or other similar transactions from your account per month or statement cycle. 
• A customer debit fee of $3.00 will be charged for each withdrawal in excess of 3 during a quarter.