BASIC SAVINGS

To open the account you must make a minimum deposit of at least $50. A minimum balance fee of $5 will be imposed every month if the balance falls below $50 any day of the month. The interest rate for this account is .05% with an annual percentage yield (APY) of.05%. Your interest rate and APY may change at any time. To obtain the APY disclosed, you must maintain a minimum balance of $25 in the account each day. Interest is calculated using the Daily Balance Method by applying the daily periodic rate to the principal in the account each day. Interest will be compounded every three (3) months and added back to principal every three (3) months. If you close the account before interest is credited you will not receive the accrued interest. During any calendar month you may not make more than six (6) withdrawals or transfers. Exceeding the six (6) withdrawals or transfers limitations in a statement cycle will result in a $2 charge per transaction over six (6). Applicants must be 18 years of age or older to open an account. Applicants under the age of 18 applying for an account must have an adult co-owner (18 years of age or older) on the account. Rates are subject to change. APY is accurate as of 09/20/2024. Fees may reduce earnings.