Checking
Now Account
- Minimum to open account $1,000.00
- 2 forms of ID required to open account (1 must be a photo ID)
- Fees apply if any one daily balance falls below $1,000.00
Benefits
- Combines the conveniences of our Checking Account with the benefits of earning interest.
- Compounding and Crediting Interest. The interest is compounded and credited to your account at the end of each statement cycle.
- Free Teleweb
- Free Telebank
- Transfund Debit Card available
Cost
- No monthly charge if account is maintained properly with the $1,000 minimum balance.
- If the balance during any one day in a statement cycle falls below $1,000 you will be charged a fee of $7.50 plus .10 cents per check for that cycle.
Additional Notes
- Your daily balance on each day is the ending balance of the account from the previous day plus deposits and minus withdrawals made that business day.
- At our descretion, we may change the interest rate on your account daily. Your interest rate & annual percent yield may change.
- Interest begins to accrue no later than two business days after you deposit non cash items (for example checks)
- If you close your account before interest is credited, you will not receive the accrued inerest.
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate tot he principal in the account each day.
Call or come in for fee brochure.
