NOW ACCOUNT

This account is designed for the customer who would like to earn interest on their checking account.

Fixed rate, interest, as posted under Deposit Rates, paid monthly.  By maintaining a $1,000.00 average monthly balance and limiting check/debit activity to 30 items or less per month – No Charge.

Interest will be compounded monthly.  Interest will be credited monthly to your account.  If you close your account before interest in credited, you will receive the accrued interest.  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 no later than the next business day we receive credit for the deposit of noncash items (for example, checks).

Rates are based according to balance maintained

            $1,000- $9,999.99                          Posted under Deposit Rates

            $10,000 or more                             Posted under Deposit Rates

If minimum average balance is not maintained, there will be a charge of $5.00.  PLUS a charge on all checks/debits of $.20 per item.  If more than 30 checks/debits appear on the monthly statement there will be a charge per check/debit over 30 items of $.20.

·        Apply for a new account now

·        Terms and Conditions / Electronic Funds Transfer (EFT) / Funds Availability