Traditional savings account that earns interest on the entire account balance.
Opened for minors under age 18 with a parent or legal guardian as custodian.
Features & Benefits
Free Online Banking
Minimum Balance to Open the Account
Earn interest on daily balance
Minimum Balance Requirement
$100 minimum daily balance for the month
Monthly Service Charge
None if minimum balance requirement is met; otherwise $2
Transaction Fee & Limitation
Withdrawls transfers to another account or to third parties by pre-authorized, automatic, telephone or computer transfers are limited to six (6) per month, with no more than six (6) by similar order to third parties. An excess withdrawl fee of $3 will be charged for each debit in excess of the six (6).
Interest Compounding and Crediting Frequency
Interest will be compounded every quarter and interest will be credited to the account every quarter.
If you close account before interest is credited you will not receive the accrued interest.