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Individuals age 60 or better.
Ideal for people 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. With no required minimum balance for individuals age 60 or better, it assists in building savings balances. Statements of account activity will arrive quarterly.
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.
1 For each withdrawal or transfer over six, there is a $0.50 service charge per withdrawal or transfer.
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