Personal Savings
- Summary
You don't need a fortune to begin saving, but you could make a fortune if you do. With our low opening deposit and minimum balance, you can start today.
- $200 opening deposit
- $100 minimum balance
- $3 monthly fee
- 6 withdrawals per month*
- Online banking and bill pay
*withdrawals $2.00 per item over 6 per cycle
- Disclosures
If you would like more current rate and yield information please call us at 469-385-2800. We reserve the right at any time require not less than 7 days notice in writing before any withdrawal from an interest bearing account.
Variable rate. The interest rate for your account is variable; your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account. We may change the interest rate on your account daily.
Minimum balance requirements. To open the account you must deposit at least $100.00. To avoid the imposition of the maintenance fee you must meet the following requirements: A maintenance fee of $3.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the statement cycle.
Compounding and Crediting. Interest will be compounded monthly. If you close your account before interest is credited, you will not receive the accrued interest.
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. The period we use is a statement cycle. Interest begins to accrue no late than the business day we receive credit for the deposit of noncash items.
Additional Terms. Limitations on frequency of transfers: During any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer of telephone order or instruction. No more than three of the six transfers may be made by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution.
Excessive Withdrawal Fee: We impose a per withdrawal fee of $2.00 for withdrawals in excess of 2 per month.
Please see bank for full disclosure and current rate information.
