PASSBOOK SAVINGS
FEATURES:
- Variable rate of interest
- Minimum balance of $200.00 is required to earn the annual percentage yield
- Open with $100.00
- Present passbook for all deposit and withdrawal activity
- Monthly fee of $2.00 waived with $200 minimum balance
- No check writing privileges
- Three FREE withdrawals per statement cycle, $1.00 excess fee after three
- EFT and ACH withdrawal activity is not allowed on Passbook savings products
- Limited by Federal Regulations to a maximum of six pre-authorized, automatic or telephone transfers per statement cycle, $6.00 fee per transaction after six
