FDIC-Insured - Backed by the full faith and credit of the U.S. Government

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

DISCLOSURES AND COMPLIANCE

Personal Savings Accounts

1 The monthly service charge fee for Savings if account balance falls below $100 any month is $2 per month.
2 The monthly service charge fee for Money Market Account if account balance falls below $1,000 any month is $2 per month.
3 The Annual Percentage Yield assumes interest will remain on deposit until maturity. A withdrawal or any fees will reduce earnings.
4 Variable Interest Rate; interest rate is subject to change. Daily earned interest is based on the corresponding rate for the various tiers the daily balance falls within.
5 Interest begins to accrue on noncash items (for example checks) the business day you deposit the item(s).
6 Certificate of Deposit and IRA penalties for early withdrawal: A penalty equal to one half of the term's interest will be charged to your account.
7 Certificates of Deposit and IRAs earn a fixed interest rate and no additional deposits can be made until maturity.
8 Certificates of Deposit and IRAs will automatically renew at the current rate paid on the particular term. A previous “Special” will automatically renew at the current rate paid on the particular term; term’s current rate may no longer be “Special” rate. Grace periods: CD Term 3 months through 12 months – Grace period of 7 days will be granted; CD Term over 12 months - Grace period of 10 days will be granted.

 

For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

Eligibility Requirements to Open Checking Account

  • Minimum age requirement of 18 years old (you may elect to make this a minor account if you are at least 16 years old - if under 18, joint ownership required.)
  • All stated rates are subject to change at any time. Please click here or contact us for current rates.
  • Paper Statement Fee: A $5.00 monthly fee will be charged to receive paper statements. To avoid this fee, enroll in online electronic statements.
  • Account Closure: If you close your account before the interest is credited, you will not receive the accrued interest. Interest begins to accrue on the business day you deposit noncash items.
  • Please see one of our customer service representatives for complete disclosure and fee information regarding these accounts.

 

Eligibility Requirements to Open Small Business Checking Account

  • $50 minimum opening deposit required.
  • $3,500 minimum balance required to avoid $10 minimum balance fee.
  • Paper Statement Fee: A $5.00 monthly fee will be charged to receive paper statements. To avoid this fee, enroll in online electronic statements.
  • Please see one of our customer service representatives for complete disclosure and fee information regarding these accounts.

 

Debit Card and ATM Disclosures

  • ATM Surcharge fees are credited back to you at month end.

  • Debit card daily limits are $1000 point of sale and $525 ATM withdrawal. These are calculated daily at 2:55PM, excluding weekends.

 

Schedule of Fees

Type of Fee

Cost

Charge to Return Items*

$29.00 per item

Overdraft/NSF Fee

$29.00 per item

Stop Payment Fee

$29.00

Imaged Check Fee

$3.00 per month

Returned Deposit Item Fee

$8.00 per item

Early Closure Fee ‐ on checking accounts closed within 90 days of opening

$29.00

Overdraft Protection Transfer Fee

$8.00

Official Check Fee**

$8.00

Incoming Wire Fee

$15.00

Outgoing Wire Fee

$30.00

Dormant Checking Account Fee ‐ after one year of inactivity

$2.00 per month

Dormant Savings Account Fee ‐ after 3 years of inactivity

$2.00 per month

Paper Statement Fee ‐ Checking and Money Market accounts

$5.00 per month 

* We may charge return item fees for each re‐presentation of a debit or item, which means multiple return item fees may be incurred if a debit or item is returned more than once.

** One free official check per customer, per calendar year.