This savings account is for the customer who wants to
earn interest on their personal savings. Many customers set up a savings
account for their children and/or grandchildren. They are also often used
to save money for unexpected expenses (emergency fund), taxes, vacations,
and other reasons.
Benefits:
Interest will be compounded daily and credited to
your account every quarter
There are no monthly service charges
ATM Cards Available
Automatic transfers can be set up between savings
and checking accounts
Requirements:
Minimum deposit required to open is - $100.00
Costs:
Transfer from a Savings Account to another account
or to third parties by preauthorized, automatic, or telephone transfer are
limited to six (6) per month with no more than three (3) by debit card, or
similar order, to third parties.
You will be charged $1.00 for each debit transaction
over three per quarter
