Maximum Checking

  • The following requirements must be met on a monthly basis to obtain the disclosed annual percentage yield:
    1. One (1) direct deposit
    2. Ten (10) debit card point of sale transactions, must post and settle within statement cycle.
    3. Disclosed annual percentage yield applies to average daily balances up to $20,000.
    4. No required minimum balance.
  • $50.00 minimum balance required to open the account.
  • Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account on the first day of each month.
  • Interest will be compounded monthly and credited to your account on the last business day of each month. If you close your account or change account type before the interest is credited, you will not receive the accrued interest.
  • Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
  • 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.
  • If all of the account requirements listed above are not met, your account will earn the disclosed NOW account annual percentage yield.
  • For accounts with any portion of the average daily balance over $20,000, the portion over $20,000 will earn the disclosed NOW account annual percentage yield.
  • Fees could reduce earnings.
  • Monthly Statement with check images.
  • Overdraft Privilege- Payments of overdrafts are at the discretion of the bank and may be revoked at any time. Overdraft fees will apply.
  • Free monthly e-mail statements.
  • Free On-line banking.
  • Free Bill Payment.
  • Free Telephone Banking.
  • See Other Services and Fee Schedule.
 
 
Last updated on Mar 17, 2014