This basic savings account offers a hassle-free savings option with easy access. This is a great starter account and also a good way to have overdraft coverage* for your checking account.
- Minimum to open is $50.
- Earns interest, see below for rates.
- Up to 75 items per statement cycle can be deposited into this account with no charge; thereafter, the charge is $0.20 per item.
* Minimum Ledger Balance: The lowest end of day balance in an account during a statement cycle; a certain minimum daily balance is often required interest-bearing accounts to avoid a monthly maintenance fee.
Transfers and/or withdrawals from your money market or savings account conducted in person at any branch, by mail or by ATM are unlimited. All other transfers including telephone transfers, online transfers, overdraft or minimum balance coverage, pre-authorized debits, point of sale purchases, and checks are limited to six withdrawals per calendar month or statement cycle (a period of at least four weeks). Your individual four-week period starts at the beginning of each statement cycle (if you receive statements monthly) or the calendar month (if you receive statements quarterly). We are required by law to ensure that you comply with this limit. If you exceed this limit after we have notified you of a violation, the bank must change your account to discontinue the automatic services, close, or reclassify the account.