Personal Banking

IMPORTANT NOTICE: A continous overdraft charge of $5.00 will be charged each business day, beginning on the 8th calendar day that your account remains in a negative balance status.  The fee will be charged for any situation which causes your account balance to become negative.  This charge will appear on your statement as "OVERDRAFT CHARGE" and will also be included in the TOTAL OVERDRAFT FEES disclosed at the bottom of your statement.  For example, if your account balance becomes negative on a Wednesday, and you do not bring the account balance to a positive status by the following Wednesday, the $5 per business day charge will be assessed beginning on that Wednesday.

REGULAR CHECKING

Minimum Opening Deposit…………………….………..………… $300.00
Minimum Daily Balance to avoid maintenance fee ……..…….... $300.00
Monthly Maintenance Fee ………………………………..………..… $5.00
Free Checking to any person over age 62 and to full-time students (upon request).

SUPER-NOW ACCOUNT

Minimum Opening Deposit ….………………...………..….…… $1,000.00
Minimum Daily Balance to Earn APY …………....................... $1,000.00
Interest Rate & Annual Percentage Yield (APY) ….….. See Rate Sheet
Interest Computation Method …………………..……….. Daily Balance*
Interest Compounding & Crediting Frequency …................…… Monthly
Monthly Maintenance Fee: $5.00 if the daily balance falls below $1,000.00 or average daily balance** falls below $1,500.00

SAVINGS ACCOUNT

Minimum Opening Deposit ….………………………………….… $100.00
Minimum Daily Balance to avoid maintenance fee ……………..…….. $0
Minimum Daily Balance to Earn APY …………………….......…........ $0
Interest Rate & Annual Percentage Yield (APY) ……… See Rate Sheet
Interest Computation Method …………………..……..….. Daily Balance*
Interest Compounding & Crediting Frequency ……….…......... Quarterly
There is a $1.00 charge for each withdrawal over four (4) in a one month period.
Savings accounts with a balance less than $30.00 which are more than 6 months dormant will be charged $1.00 per month.

MONEY MARKET ACCOUNT

Minimum Opening Deposit ….………………………….…….… $2,500.00
Minimum Daily Balance to avoid maintenance fee ………..….……...  $0
Minimum Daily Balance to Earn APY ….…………….………... $2,500.00
Interest Rate & Annual Percentage Yield (APY)……..... See Rate Sheet
Interest Computation Method …………………..……...…. Daily Balance*
Interest Compounding & Crediting Frequency ….…………….… Monthly
Transaction Limitations: Minimum withdrawal/transfer amount of $500.00 with only 6 withdrawals/transfers per month.

CERTIFICATES OF DEPOSIT

Minimum balance to open and obtain APY is $1,000.
Interest on your certificates of deposit with terms less than 6 months will be compounded and credited at maturity. For terms of 6 months and greater, interest will be compounded and credited quarterly.

If you withdraw any of the principal and/or interest before the maturity date, the following penalty will be charged to your account:  Maturities of 7-31 days - the greater of all interest earned on the amount withdrawn from the most recent date of deposit or last renewal, or all interest that could have been earned on the amount withdrawn, or at least 7 days interest.  For CDs with maturities of 32 days to one year, 1 month interest.  For CDs with maturities greater than 12 months and less than 36 months, 3 months' interest.  For CDs with maturities greater than 36 months to 48 months, 9 months' interest.  For CDs with maturities greater than 48 months to 60 months, 12 months' interest.