Returning Users:
New Users:
Checking & Savings
Account Type
|
Money Market Account |
Statement Savings Account |
Small Business DDA |
Business DDA |
IOLTA |
|
|
$100.00 |
$100.00 |
$100.00 |
$100.00 |
$100.00 |
Min. |
|
$10.00 |
$3.00 |
n/a |
Based on activity |
$10.00 |
Monthly |
|
$2,500 min. daily balance or $5,000 monthly average balance |
$250.00 |
n/a |
n/a |
$1,500 min. daily balance or $2,500 monthly average balance |
Min. |
|
$1.50 |
$1.50 |
n/a |
n/a |
n/a |
Foreign |
|
monthly |
quarterly |
n/a |
n/a |
monthly |
Interest Com-pounded |
|
After 6 debits per statement cycle, $10.00/item |
After 4 withdrawals / mo. $1.00 per withdrawal. |
Up to 200 items processed per statement cycle for free, after 200, $1.00 per item. |
An earning credit will be given to offset activity based charges |
n/a |
Excessive Activity Charge |
|
No interest paid if minimum balances are not met. |
ATM card not allowed on a passbook savings account. |
Items processed include deposits, checks cleared, checks deposited, cash deposited (?), ach debits and credits, account transfers and debit card transactions. |
Charges based on account activity. Please contact personal bankers for details. |
Interest paid on tiered balances and check images included in your monthly statement at no cost. |
Features |
Transaction Account Guarantee ProgramAll funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’ s general deposit insurance rules.
The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
Effective July 21, 2010 FDIC deposit insurance is $250,000 per depositor.
