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Accounts: Senior
Preferred Checking
Account Description:
Interest bearing, unlimited checking account available to our valued
customers age 55 and above.
This is a tiered variable rate account. The interest rate and annual
percentage yield may change after the account is opened.
Requirements
- $100 is required to open the
account.
- 55 year minimum
age requirement
- A
minimum daily balance requirement of $1,000.00 or a minimum
average collected balance of $2,500 is required to avoid the
monthly Service Charge. You will earn interest for every day
during the period that your account equals or exceeds the
minimum daily balance requirement.
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Benefits
- Visa Check Card with ATM
access
- Use your card as a debit card
for point-of-sale purchases and cash back
- Free Internet & Telephone
Banking
- Free Bill
Payment
- Free Statement
with Images
- Free
Unlimited Check Writing
-
No activity fee per check/deposit
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Free Club Checks
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Free domestic traveler’s checks,
cashier’s checks and personal money orders
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Variable Tiered Market Rate
- Tier 1 $0.00-4,999.99
- Tier 2 $5,000-24,999.99
- Tier 3 $25,000 and over
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Cost
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A $7.97 Service Charge will be
imposed every month if the minimum daily balance falls below
$1,000 or the average collected balance falls below $2,500.
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