Personal Deposit Accounts Services Fee Schedule
| Checking Account | NOW Account | GBC Gold Account | Money Market Account | Savings Account | Time Certificates of Deposit* (Business & Personal) | College Fund CD | I.R.A. – Individual Retirement Account | |||||||||||||||||||||||||||||||||||||||||||
| Min. Balance |
$500 (to avoid service charge) | $1,500 (to avoid service charge | $5000 (to avoid service charge) | $2,500 (to avoid service charge) | $300 (to avoid service charge) | $2,500 to open an accou | $500 to open an account | $2,000 to open an account | ||||||||||||||||||||||||||||||||||||||||||
| Interest Rate: | None | Variable rate calculated on ledger balance. Interest paid monthly. | Variable rate calculated on ledger balance. Interest paid monthly. | Variable rate calculated on ledger balance. Interest paid monthly. | Variable rate calculated on ledger balance. Interest paid monthly. | Variable rate calculated on ledger balance. Interest paid monthly. | Variable rate calculated on ledger balance. Interest paid monthly. | |||||||||||||||||||||||||||||||||||||||||||
| Features: |
Unlimited check writing. If daily balance below $500 service charge of $7 per month will be imposed, no per item charge. No charge if total balance is $2,000 or more when combined with savings account. |
Unlimited check writing, if daily balance below $1,500 service charge, $10 per month will be imposed, no per item charge. No service charge if total balance is $4,000 or more when combined with savings account. |
Unlimited check writing, if daily balance below $5,000 service charge of $10 per month plus $.20 per debit charge will be imposed. Enjoy free services such as safe deposit box, traveler’s checks and cashiers checks. *Bank pay customers with five tiers interest rate, the rate rise along with size deposit. |
Six pre-authorized transfers from the account per statement cycle, no more than three checks to third party. If daily balance below $2,500 service charge of $5 per month will be imposed. $10 per check charge in excess of items allowed *Bank pay customers with three tiers interest rate, the rate will rise along with size of deposit. |
Six FREE withdrawals per quarter. If balance below $300 service charge of $5 per quarter will be imposed. $1 per withdrawal in excess 6 allowed per quarter. |
Terms from 7 days to one year, early withdrawal is subject to penalty. |
A fixed amount will be transferred automatically from the DDA or N.O.W. consecutively 12 months. Contribution to the account can be $100 and up. Term one year only, early withdrawal is subject to penalty. |
To provide qualified person to establish their own tax-sheltered plans. | ||||||||||||||||||||||||||||||||||||||||||
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