Savings Account Comparison Chart
| Basic Savings Account | Money Market Savings Account |
|---|---|
Minimum Opening Balance |
|
$50 |
$1000 |
Monthly Service Charge |
|
$3 |
$10 |
Balance Requirement to Avoid Monthly Service Charge |
|
$200 minimum daily balance. |
$2000 minimum daily balance |
Interest |
|
Interest is accrued daily and paid monthly on collected balances. |
Interest is accrued daily and paid monthly on collected balances. |
Access |
|
Four free withdrawals permitted each statement month. Each additional withdrawal $2 |
Six free withdrawals permitted each statement month, three may be by check or debit to a third party. Each additional withdrawal or transfer $5 |
If account is closed within 90 days of opening there will be a charge of $15 |
|
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