|
Who Would Benefit From This Account |
Great for earning interest on higher balances accounts that may occasionally have a lower balance |
A great account to get started saving at an early age |
The right account if balances are between $2,500 and $10,000 |
Perfect for a $10,000 minimum balance account while earning more as the balance grows |
A great way to have options for rates and terms on your money |
The right account to pair with a high-deductible health plan in order to save and conveniently pay medical expenses |
|
Interest Bearing |
Tiered |
Yes |
Yes |
Tiered |
Yes |
Yes |
|
Minimum Opening Balance and Balance Required to Earn Interest |
$100 |
$10 |
$2,500 |
$10,000 |
Varies based on product selected |
$100 |
|
Service Charge |
$2 per statement cycle if balance falls below $100 |
None |
None if a minimum daily balance of $1,500 is maintained or a minimum average balance of $2,500; otherwise $8.50 per statement cycle |
None if a $10,000 minimum daily balance is maintained in combination of identified Preferred Money Market, NOW, Savings, Money Market Deposit Account, Certificate of Deposit or Home Equity Line of Credit accounts; otherwise $10 fee per statement cycle |
Penalties assessed for early withdrawal |
None |
|
Per Item Charge |
$2 per item for withdrawals in excess of four per cycle |
$1 per item for withdrawals in excess of three per cycle |
None |
None |
None |
None |
|
Additional Information |
Withdrawal limitations apply |
Automatically converts to Preferred Savings at age 22 |
Withdrawal limitations apply |
Withdrawal limitations apply |
A variety of terms are available |
Contact any branch for additional information and qualifications |
