Account Products > Checking Accounts

Personal Checking
For the customer who wants a basic checking account, we recommend the Personal Checking Account. These are some of the frequently asked questions about this type of account.

What is the minimum balance required to open the account?

• You must deposit $200.00 to open this type of account.

What is the minimum balance to avoid an imposition of fees?

• A service charge fee of $5.00 will be imposed every monthly statement cycle if the daily balance for the cycle falls below $500.00.
• The monthly service charge and additional fees are waived for minors, students, and senior citizens.

Fees:

What are the other fees involved?

• A transaction fee of $.15 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account). This fee will not apply if you maintain a daily balance of $500.00.
• An excessive withdrawal fee of $.25 will be charged for each debit transaction (check paid, withdrawal) in excess of 60 per monthly statement cycle.

Super Now Checking Account
This interest bearing account offers many special features. These are some of the frequently asked questions about this type of account.

What can you tell me about the interest rate?

• Your interest rate and annual percentage yield may change.
• Frequency of rate changes - We may change the interest rate on your account at any time.
• Determination of rate - At our discretion, we may change the interest rate on your account.

When will the interest be compounded and my account credited?

• Interest will be compounded every month.
• Interest will be credited to your account every month.

What is the effect of closing an account?

• If you close your account before interest is credited, you will not receive the accrued interest.

What is the minimum balance required to open the account?

• You must deposit $2,500.00 to open this account.

What is the minimum balance to avoid imposition of fees?

• A service charge fee of $5.00 will be imposed each monthly statement cycle if the daily balance for the monthly statement cycle falls below $2,500.00.

What is the minimum balance to obtain the annual percentage yield?

• You must maintain a minimum daily balance of $2,500.00 to obtain the disclosed annual percentage yield.

What type of method is used for computing interest?

• Daily 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 principle in the account each day.

What about accrual of interest on non-cash deposits?

• Interest begins to accrue on the first business day after the banking day you deposit non-cash items (for example, checks).

Fees:

What are the other fees involved?

• A transaction fee of $.25 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account).
• This fee will not apply if you maintain a daily balance of $2,500.00.

Business Checking Account
What is the minimum balance required to open the account?

• You must deposit $200.00 to open this account.

What is the minimum balance to avoid imposition of fees?

• A service charge fee of $5.00 will be imposed each monthly statement cycle if the daily balance falls below $1,000.00.

Fees:

What are the other fees involved?

• An excessive withdrawal fee of $.15 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of 100 during a monthly statement cycle.
• This fee will not apply if you maintain a daily balance of $1,000.00.