MONEY MARKET DEPOSIT ACCOUNT 

 

Minimum Opening Deposit $1500.00 

 

Interest  will be compounded monthly ans will be credited to the account monthly.  The interest rate is variable and posted in the bank lobby. If the balance falls below $1,500.00, you will be assessed a monthly minimum balance fee of $10.00. 

 

$4.00 for each debit transaction will be assessed over 6 per statement cycle.  

 

• Free e-statements upon request (without check images), no paper statement is mailed 

• Online bill-pay service:  $.50 per bill payment 

 

Returned check/deposited item: $5.00 per check or item. 

 

Check images included in statement. 

 

SAVINGS ACCOUNT 

 

Minimum Opening Deposit $100.00 

 

Interest will be compounded semi-annualy and will be credited to the account semi-annually. (Interest paid monthly on a single-system savings account with a checking account).  

 

Interest rate is variable and is posted in the bank lobby.  

 

$4.00 for each debit transaction over 6 per month. Statement mailed semi-annually. (Statement mailed monthly if you have a single-system savings account.)  

 

• Free e-statements upon request (without check images), no paper statement is mailed 

 

There will be a $4.00 minimum monthly balance fee if your average daily balance falls below $100.00. 

 

You may elect to authorize an automatic savings transfer to your checking account. In the event that a debit(s) would overdraw your checking account, this savings account would transfer in $100.00 increments to your checking account and there would be a $3.00 charge per transfer. 

 

Returned check/deposited item: $5.00 per check or item. 

 

FERDERAL REGUALTIONS GOVERNING SAVINGS & MONEY MARKET TRANSACTION LIMITIATIONS 

You may make six (6) transfers from your account during any month or statement cycle of at least four (4) weeks, if by preauthorized or automatic transfer, internet banking transfer, Telebanking transfer, or telephone transfer. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. ATM transactions at non-SSB ATMs are limited to six (6) per statement cycle without charge.  

 

Please see full TIS Disclosure for all account details.