Personal Savings Account:
Our Personal Saving Account is an interest bearing account with limited transactions.
The Account Features include:
- Opening balance requirement: $100
- No minimum balance requirement to earn interest
- No monthly maintenance fee
- Interest is compounded daily based on the ledger balance
- Interest is paid quarterly
- Quarterly statement cycle
- Pre-authorized transfers or withdrawals are limited to six (6) per calendar quarter, or statement cycle.
- Excessive withdrawals will result in a per item fee of $2
- Consistent excessive withdrawals will result in the account being converted to a demand deposit account
- Unlimited withdrawals can be made in person
- Imaged Statements