Requirements:

• Minimum balance to open $25.00

Rate Information:

• You will be paid the disclosed interest rate for at least 30 calendar days. We will never decrease this rate unless we first give you at least 30 days notice in writing.
• Interest will be compounded and credited to your account quarterly.
• You must maintain a minimum average daily balance of $100.00 to obtain the disclosed annual percentage yield. 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. The period we use is the quarterly statement cycle.
• We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. 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. The period we use is the quarterly statement cycle.
• Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).   

Cost:

• A balance fee of $3.00 will be imposed quarterly if the minimum balance for the statement cycle falls below $25.00.
• A debit item fee of $1.00 will be charged for each debit transaction in excess of 6 during a quarterly statement cycle.

Transaction limitations:

• Transfers from a Minor's Savings account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to 6 per quarterly statement cycle with no transfers by check, draft, debit card, or similar order to third parties.