|
Activity charges
(per check
withdrawal/deposit fees - only excessive
withdrawal fee is applicable): |
|
| Excessive
withdrawal fee for third-party checks, after three |
$10.00 |
Money
Market Plus III
This is a premium investment savings account with limited check writing
privileges. It offers a competitive Annual Percentage Yield (APY) and is
available to individuals, partnerships, corporations, non-profit
organizations, and public entities. |
|
Minimum deposit to open the account |
$25,000.00 |
|
Minimum daily balance to earn maximum APY |
$25,000.00 |
|
Monthly service fee if balance drops below $25,000 |
$15.00 |
|
Balances below $25,000 will not earn interest |
|
|
Excessive withdrawal fee for more than three (3) third-party checks during
the statement cycle |
@$25.00 |
|
Unlimited deposits |
|
|
Federal regulation limitations: Six (6) withdrawals allowed per statement
cycle. Only three (3) of the six (6) can be third-party checks. Unlimited
over the counter transactions. |
|
Certificates of Deposit
Our savings certificates offer a choice of terms and fixed
rates to fit your personal needs. Terms
include 91 and 182 days plus 12, 18, 24, 30 and 36 months. Certificate balances can be used to avoid
fees in checking accounts. |
| Minimum deposit to open and to receive maximum stated Annual
Percentage Yield (APY) |
$1,000.00 |
| Lost certificate fee |
$10.00 |
| Additional deposits can be made to 12 month certificate with
a minimum of |
$500.00 |
| If balance goes into next
balance tier, the interest rate (in effect) will change for the tier on the
opening date or most recent renewal date.
Substantial penalty for early withdrawal. |
|
Jumbo Certificates: Occasionally, at our discretion, we offer
Jumbo Certificates for amounts of $100,000 and above. These certificates do not automatically renew
and interest is not paid after maturity.
Rates are available by request. |
|
Individual Retirement Account (IRA)
Individual Retirement Accounts offer tax advantages. You may qualify! IRA accounts have low opening deposit
requirements. Additional deposits are allowed with the same maturity as the
original deposit. Terms include 182 days
plus 12, 18, 24, 30 and 36 month certificates. |
| Minimum deposit to open |
$100.00 |
| Minimum to receive maximum stated Annual Percentage Yield
(APY) |
$100.00 |
| Transfer Fee
|
$25.00 |
| Substantial penalty for early withdrawal. IRS penalties may also apply.
|
|
| See IRA Account Document and Disclosure Statements for more
details. |
|
|
|
