Personal Banking
> Checking
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| We offer several checking accounts to meet your
banking needs. To learn more about specific account
features, check out the individual account types
that interest you.
Free Checking |
Rewards Checking |
NOW Checking
Free Checking Account
This is a service charge free, non-interest bearing
checking account for individuals and non-profit
organizations. top of page
Rewards Checking Account
This is a service charge free, non-interest bearing
checking account with a free check offer for persons
over age 55. top of page
NOW Checking Account
This is an interest bearing account that requires a
minimum opening balance as well as a minimum monthly
balance to avoid imposition of fees.
Rate Information: Your interest rate and annual
percentage yield may change.
Frequency of Rate Changes: We may change the
interest rate on your account at any time.
Determination of Rate: At our discretion, we may
change the interest rate on your account.
Compounding and Crediting Frequency: Interest will
be compounded every month. Interest will be credited
to your account every month.
Effect of Closing an Account: If you close an
account before interest is credited, you will not
receive the accrued interest.
Minimum Balance to Open: You must deposit $1500.00
to open this account.
Minimum Balance to Avoid Imposition of Fees: A
minimum balance fee of $6.00 will be imposed each
monthly cycle if the average daily balance for the
monthly statement cycle falls below $1500.00. 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.
Average Daily Balance Computation Method: We use
the average daily balance method to calculate the
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. The period we
use is monthly.
Accrual of Interest on Noncash Deposits: Interest
begins to accrue on the business day you deposit noncash items (for example, checks).
Fees: A withdrawal fee of $.25 will be charged for
each debit transaction (withdrawal, check paid,
automatic transfer or payment out of this account)
in excess of 25 during a statement cycle. This fee
will not apply if you maintain a daily balance of
$1500.00 during the statement cycle.
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