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Accounts: Regular Checking Account

Regular Checking Account

Description:

  • Your regular checking account provides easy access to your money.

Requirements:

  •  Minimum deposit to open - $25

Benefits:

  • No Fee for Students 21 years of age or younger
  • No Fee for Senior Citizens (age 65 and older)

Cost:

The monthly service fee for the regular checking account is based off of a tiered rate and your average daily balance. Your average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

If the average daily balance equals  Monthly Account Fee:
Less than $200.00   $6.00 plus tax
$200.00 to $299.99 $5.00 plus tax
$300.00 to $399.99     $4.00 plus tax
$400.00 to $499.99  $3.00 plus tax
$500.00 and above        Free
 

 

 

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