Statement Non-Personal Savings

Statement Non-Personal Savings

Partnerships, corporations, and not-for-profit organizations.

Benefits:

Ideal for businesses who desire to save money and who do not anticipate much account activity. The savings account is not designed as a transaction account and the fee structure nurtures savings.


Features:

  • $250.00 minimum deposit to open.1
  • Six free withdrawals or transfers per month; $.50 thereafter.

Transaction Limitations

There is no limit to the number of in-person or ATM withdrawals you may make from your account. The total of withdrawals you may make by pre-authorized, automatic, online, telephone or telebank transfers from your account in any one calendar month cannot exceed six. We may refuse any request for transfers in excess of these limitations. We may elect to close the account or terminate your ability to make pre-authorized, automatic, or telephone transfers from the account if you exceed these limitations.


* If account is closed within six months of opening, a $30.00 fee will be charged.

* If you close your account before interest is credited, you will not receive the accrued interest.

1) $5.00 monthly service charge if the daily balance drops below $250.00 any day of the month.