Savings
|
ACCOUNT |
Community Savings |
Christmas Club |
*Youth Savings |
Money Market |
|---|---|---|---|---|
|
Minimum Opening Balance |
$100.00 |
$25.00 |
$25.00 |
$100.00 |
|
Monthly Maintenance Fee |
$4.00 (You can avoid the fee with a minimum balance of $200.00) |
$0.00 |
$0.00 |
$8.00 (You can avoid the fee with a minimum balance of $2,000.00) |
|
Check Writing Limitations |
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|
Transaction Limitations |
1 | 2 | 1 | 1 |
|
Excessive Withdrawal fee |
3 | 3 | 3 | |
|
Auto Transfer required into account |
|
4 |
|
|
|
Interest Bearing |
5 | 5 | 5 | 5 |
|
Mobile Banking |
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|
Online Banking |
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|
Images with Statement |
1)Transfers from account to another account or to third parties by preauthorized, automatic, telephone transfers, or online transfers are limited to six per statement cycle
2)A $30 penalty will be charged for account closure or for each withdrawal prior to November disbursement.
3)An excessive transaction fee of $8.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six during a statement cycle
4)Must Set up with an auto transfer from another MCCB account at least monthly
5)Rate Information:
- Determination of Rate: At our discretion, we may change the interest rate on your account.
- Frequency of Rate Changes: We may change the interest rate on your account at anytime
- Limitations on Rate Changes: There are no maximum or minimum interest rate limits for this account.
- Compounding and Crediting: Interest will be compounded daily and will be credited to the account quarterly for savings, monthly for money market and annually for Christmas Club.
*Must be under 18 years of age and a parent or legal guardian must sign with minor.
