Regular Savings

RATE INFORMATION. The interest rate listed in each tier will be paid on the entire balance in your account. Please ask a bank representative to fill in rates.

Your interest rate and annual percentage yield may change.

DETERMINATION OF RATE. At our discretion, we may change the interest rate on your account.

FREQUENCY OF RATE CHANGE. We may change the interest rate on your account.

LIMITATIONS ON RATE CHANGES. There are no maximum or minimum interest rate limits for this account.

COMPOUNDING AND CREDITING. Interest will be compounded monthly and will be credited to the account monthly. If you close your account before interest is credited, you will not receive the accrued interest.

MINIMUM BALANCE REQUIREMENTS. You must deposit $100.00 to open this account. A monthly service charge of $10.00 will be imposed every statement cycle if the average daily balance for the statement cycle falls below $100.00

You must maintain a minimum average daily balance of $100.00 to obtain the disclosed annual percentage yield.

PROCESSING ORDER. All credit transactions are processed first. Debits, or withdrawals, from your account will be processed from the lowest dollar amount to the highest dollar amount. The processing order of these items is important because if there is not enough money in the account to pay for the items in the order they are processed in accordance with the processing order, there may be an overdraft on your account which may result in overdraft or non-sufficient fees or an increase in the amount of these fees.

BALANCE COMPUTATION METHOD. We use the average daily balance method to calculate interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

ACCRUAL ON NON-CASH DEPOSITS. Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

TRANSACTION LIMITATIONS. Transfers from a Regular Savings account to another or to third parties by pre-authorized, automatic, telephone, or computer transfer on or by check, draft, or similar order to third parties are limited to six per statement cycle.

FEES AND CHARGES. Please refer to the separate Fee Schedule provided to you with this disclosure for information about fees and charges associated with this account. A Fee Schedule will be provided to you at the time you open an account, periodically when fees or charges change, and upon request.

FEES. A per item fee of $2.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of 3 during a monthly statement cycle.
There will be a service charge of $10.00 to re-open a closed savings account.
 
You may be subject to the fees, charges and balance requirements as they change from time to time.