Rate Information – There is no interest rate associated with this account.
Minimum balance to open the account – You must deposit $25 to open this account.
Minimum balance to avoid the imposition of fee – A service charge fee of $7.00 will be imposed every statement cycle unless you maintain a minimum average daily balance of $100.00 for the monthly statement cycle. The 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.
Refer to the Deposit Accounts Fee Schedule which has a complete list of the applicable fees.