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PASSBOOK SAVINGS ACCOUNT
YOU MUST DEPOSIT $25.00 TO OPEN THIS ACCOUNT
 

You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

You will be charged a $1.00 withdrawal charge for each withdrawal after three withdrawals per month. (Excluding ATM withdrawals) Your account will be charged a $3.00 service charge per month, if your average daily balance falls below $200.00, with the exception of seniors (age 62 and over) and students.  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.

 

 

 

 

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