Personal Banking - Personal Savings
This is the easy way for every person to save money, with a safe, convenient account. It's good for any individual with savings goals.
You may make unlimited deposits to the account. Transfers to another account or to third parties by preauthorized, automatic, telephone, or computer transfer by check, draft, debit card, or similar order, are limted by law to six per month. After six withdrawals per quarter, there is a $1 fee per additional withdrawal.
Interest is compounded and paid quarterly. You will receive quarterly statements.
The service charge for a savings account is $7.50 per quarter. This is waived for minors (under age 18) and full-time students. You can avoid the fee with a $100 minimum daily balance or $200 average quarterly balance.