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 quarter.  Interest will be credited to your account every quarter.

Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to open the account - You must deposit $50.00 to open this account.

Minimum balance to avoid imposition of fees - A service charge fee of $1.00 will be imposed every month if the balance in the account falls below $50.00 any day of the month.

Daily balance computation method - We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).

Transaction Limitations:

Transfers from a Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month with no more than three by debit card or similar order to third parties.

Fees:

An excessive withdrawal fee of $1.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of two during a calendar month.  This fee will apply at bank's discretion.