50+ Free Interest Checking New Account Disclosure

A free account for those ages 50 or older.

Rate Information

The interest rate for your account is 0.15% with an annual percentage rate (APY) of 0.15%. Interest will be compounded monthly and credited to your account monthly. At our discretion, we may change the interest rate and the annual percentage yield on your account at any time.

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

Minimum Balance Requirements

There is no minimum balance requirement. An initial deposit of $50 is required to open this account.

Fees

All no-minimum balance checking accounts without activity for 6 months will be assessed a monthly charge of $5.00 per statement cycle.

See separate FEE SCHEDULE available online and in all branch offices.

Before clicking on Continue, please read the following disclosures carefully and print them for your records. By clicking on Continue, you acknowlege that you have received the disclosures.

Account Agreement
The Electronic Funds Act
Funds Availability Schedule
Multiple Party Account Notice
USA Patriot Act