Passbook Savings Account
The Passbook Savings Account is very flexible. It allows you to make deposits and withdrawals whenever you wish.
◊ Initial deposit required to open account - $10.00
- Interest bearing savings account
- No monthly maintenance fee
- No charge per transaction
- Monthly Bank Statement
- Free online banking
- Your money will earn interest, at a variable rate, which will be paid semiannually
- Transfers from a Passbokk Savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by check, draft, debit card or similar order ro third parties are limited to six per month.
- You must maintain a minimum balance of $50 in the account each day to obtain the disclosed annual percentage yield.