High Yield Checking Account

Variable interest rates are established weekly, compounded daily, calculated on a 365 day factor and paid on the 7th day of each month. The minimum deposit to open the account is $250. There will be a $6.00 service charge when the balance drops below $250 any time during the monthly cycle, however there is no service charge for senior citizens (60 and older). The statement cycle is cut off on the 7th day of each month. A statement will be mailed within 7 business days of the cut off date. The first 150 traditional design checks are free. Fees may reduce earnings on the account. The rate may change after the account is opened.

* For the purposes of this account, senior citizens are people age 60 and over.

 

 

 

 

Member FDIC
 Equal Housing Lender