Savings
Regular Savings Account
- $20.00 Minimum balance requirement to open
- 2 forms of ID required to open account (one must be a photo ID.)
- If you close your account before interest is credited, you will not receive the accrued interest
- Only 2 withdrawals per month.
- Maintenance fees apply if balance falls below $16.00
Benefits
- Free Telephone Banking 580-822-4486
- Free TeleWeb
- Compounding and Crediting Interest: Interest will be compounded and credited to your account semi-annually ( at the end of six month statement cycle)
- Interest begins to accrue no later than two business days after you deposit non cash items (for example checks)
Costs
- If the customer closes the account before the end of the quarter, the account will not receive accrued interest.
- If the account has more than 2 transactions per month, there is a charge of $1.00 per transaction.
- If your balance falls below $16.00, we will charge you a fee of $1.00 for the calendar month.
Additional
- At our discretion, we may change the interest rate on your account daily. Your interest rate and annual percentage yield may change.
- We use the daily balance method to calculate the interest on your accoount. This method applies a daily periodic rate to the principal in the account each day.
Call or come in for fee brochure