|
Minor Savings
Do you want to set aside money for your
little ones, or create an account to begin
teaching them financial principles? This
account is designed especially for minors
who are first time savers or
parents/grandparents contributing towards a
child's future.
|
Required Opening Balance
|
$10 |
|
Balance to Avoid
Maintenance Fee |
Minimum Daily Balance of $100 |
|
Monthly
Maintenance Fee |
$3 per Calendar Month |
|
Excessive Activity Charge |
An excessive activity charge of
$3 per debit item in excess of
two during a calendar month |
|
Interest Payment
|
Compounded Daily, Paid Monthly |
|
Minimum to Earn Interest
|
$.01 |
|
Transaction Limitations |
Transfer from a Minor Savings account to
another account or third party
by preauthorized, automatic,
telephone of computer transfer
are limited to six per calendar
month with no more than three by
debit card or similar order to
third parties. |
|
Benefits
Effective
11/03/2008
|
From |
To |
Interest Rate |
Annual Percentage
Yield |
|
0 |
9,999.99 |
.063% |
.063% |
|
10,000 |
99,999.99 |
.120%
|
.120% |
|
100,000 |
199,999.99 |
.500% |
.500% |
|
over 200,000 |
.750% |
.750% |
|
* FREE Unlimited Teller Access
* FREE Online Banking
* FREE Debit Card
* FREE Notary Services
* FREE Night Depository
* Wire Transfer Service
Available |
-
Annual
Percentage Yield assumes minimum
required balance is maintained for
a period of one year
-
Interest Rates are subject to change
at any time.
-
Annual
Percentage Yields are accurate as of
effective dates listed. Fees could
reduce the earnings on the account.
|
Online Banking
