• All you need to open this account is $10.00.
• Deposits must be made in increments of $10.00
• Withdrawals are not allowed. At the end of October we will credit interest to the account and send you the balance in a check.
• If you close the account prior to October you will forfeit interest earned on the account.
• This is a continuous club account, after we close out the balance you can begin making deposits to it - you can use the same account over and over.
• We'll pay you interest using the daily balance method. The interest will be credited to your account at the end of the club term.
• The interest rate that we pay you will be subject to change at the Bank's discretion. See rate chart for our current rates.
• A statement will be mailed to you at the end of each quarter.
• Accounts closed during the initial 6 months are subject to a $10.79 fee.