This is an investment account which allows limited checking access, but earns higher dividends. Open this account with a $2,500 deposit.
- Minimum daily balance of $2,500 must be met to obtain the disclosed Annual Percentage Yield (APY)
- Minimum deposit amount – $100
- Minimum withdrawal amount – $250 – a $20 fee will be charged for each check processed below the minimum withdrawal amount
- Only 6 withdrawals allowed per month – only 3 of these may be checks clearing the account during the month
- An excessive withdrawal fee of $20 will be charged for each withdrawal over the six allowed during a statement cycle
- A low balance fee of $20 will be charged if your account drops below the minimum balance of $2,500
- An account that remains at a level below the $2,500 minimum balance, for an extended period of time, will be closed.