Checking Accounts

STANDARD CHECKING ACCOUNT

Limitations:  You must deposit $100.00 to open this account.

Account Fees:  The monthly maintenance fee is determined by your average daily balance:
                 
                  $500 or Over     ……. No Charge
                  $400 - $499       ……. $4.00
                  $300 - $399       ……. $5.00
                  $0 - $299            ……. $6.00

Accounts receiving a maintenance fee will be charged an activity fee of .20 for each **debit transaction exceeding 25 in one statement cycle.

An overdraft fee as disclosed in our current fee disclosure applies to overdrafts created by check, in person withdrawal, or preauthorized electronic payments.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

**Debit transactions include withdrawals by check, telephone, online transfer, automatic transfer or payment

ECONO CHECKING ACCOUNT

Limitations:  You must deposit $100.00 to open this account.

Account Fees:  A monthly maintenance fee of $2.00 will be assessed each statement cycle.  An activity fee of .50 will be charged for each **debit transaction in excess of 12 during a statement cycle.  An overdraft fee as disclosed in our current fee disclosure applies to overdrafts created by check, in person, withdrawal, or preauthorized electronic payments.

**Debit transactions include withdrawals by check, telephone, online transfer, automatic transfer or payment

SENIOR CHECKING ACCOUNT

You must deposit $100.00 to open this account, and be at least 62 years of age.

You must have a regularly scheduled direct retirement deposit posted to this account.  You may have unlimited **debit transactions per statement cycle.

Account Fees:  There is no monthly maintenance fee or activity fee on this account when account receives a regularly scheduled direct retirement deposit.  An overdraft fee as disclosed in our current fee disclosure applies to overdrafts created by check, in person, withdrawal, or preauthorized electronic payments.

**Debit transactions include withdrawals by check, telephone, online transfer, automatic transfer or payment

NOW ACCOUNT

This account is an interest-bearing checking account.  You must deposit $500.00 to open this account.

Rate Information:  The *interest rate and annual percentage yield may change at our discretion.  Interest begins to accrue on the business day you deposit non-cash items (for example, checks).  Interest will be compounded daily and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest. 

Balance Information:  We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $500.00 in the account each day to obtain the annual percentage yield for this account.

Account Fees:  A monthly maintenance fee of $6.00 will be assessed if the daily balance in the account falls below $500.00 any day of the statement cycle.  An activity fee of .20 will be charged for each **debit transaction during the statement cycle if the balance falls below $500.00.  An overdraft fee as disclosed in our current fee schedule applies to overdrafts created by check, in person, withdrawal, or preauthorized electronic payments.

*Contact our New Accounts Department at (575) 769-1911 for current interest rates
**Debit transactions include withdrawals by check, telephone, online transfer, automatic transfer or payment

Back to the top