Money Market
No monthly service charge will be imposed on this account if you maintain a minimum balance of $1,000.00.
The account is limited to no more than six preauthorized and/or automatic transfers and withdrawals (including telephone and internet banking transfers) during a calendar month. No more than three of these withdrawals may be made by a third party check. There is no limit on the number of in-person withdrawals.
This account has a variable interest rate which may change weekly. Interest compounds monthly. Please ask us for the current annual percentage yield.
If the minimum balance requirement is not maintained, the service charge will be $7.00 plus $0.25 per check/withdrawal for the month.
Each debit in excess of regulatory limitations may result in a charge of $2.00 per item.
Business Checking
Business customers will receive a monthly earnings credit based on the average collected balance in the account for the last statement period. The earnings credit will be based on the most recent four week average Federal Funds rate. The earnings credit will be applied to offset bank charges.
The service charge, if any, would be the difference between the earnings credit and the activity charges. There will be no service charge if the amount of the earnings credit exceeds the activity charges during the statement period.
Special Business Checking
This account is designed for the low activity account that writes less than fifty (50) checks per month and deposits less than fifty (50) checks per month.
No monthly service charge will be imposed on this account if you maintain a minimum balance of $500.00.
If the minimum balance requirement is not maintained, the service charge will be $7.00 plus $0.15 per check/withdrawal for the month.
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