Interest will be paid quarterly at the current rate. Interest is paid on the average daily collected balance. Three withdrawals allowed during the quarter. If more than three withdrawals are made, $1.00 will be charged for each withdrawal made over three. If you close your account before interest is credited, you will not receive the accrued interest.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We will also ask to see your driver’s license or other identifying documents.