With a Statement Savings Account, you can choose to have your statement sent by mail, or you can access your eStatement through online banking. The statement will include the record of deposits, withdrawals, and interest credits.
- $50 deposit to open account ($25 for ages 18 and under).
- Access via ATM, at the bank, and through electronic withdrawals and deposits.
- Periodic Statements - Monthly when electronic transactions occur; Quarterly if no electronic transactions occur.
- $2.00 monthly service charge if balance falls below $25 at any time during the month.
- Variable rates of interest which can change at any time.
- Tiered interest rate paid on full balance in account when minimum met, credited monthly.
- Interest earnings calculated on daily balance of collected funds.
- Cash deposits begin earning interest on date of deposit.
- Non-cash deposits begin earning interest when collect - usually two days after the deposit is made.
- Return of electronic withdrawal for NSF is charged the current overdraft fee.
