Description:
|
-
An interest
bearing checking account with limited transactions.
|
Requirements:
|
- Minimum
opening balance $2500.
- Minimum
daily balance of $2500 required to obtain the disclosed annual
percentage yield.
- Minimum
balance requirement $2500
- There
is a limitation of 6 withdrawals per monthly cycle (not
including those made in person, by mail, by telephone with
check mailed to you, messenger, ATM or to repay loans with
us).
- Only 3
of the 6 withdrawals may be payments by check, draft, ATM card
or similar order to third parties.
|
Benefits:
|
- Higher
interest rate than an unlimited transaction account.
- Check
images with monthly statement.
-
Telephone banking available
- Online
banking available
- Earn
interest on your checking account
-
Compounded and paid monthly on your daily balance
|
Cost:
|
- If the
balance requirement is not maintained a service charge of $20
will be assessed, and no interest will be paid for the cycle.
- If the
withdrawal limit is exceeded there will be a $20 service
charge.
|
|
The
above account description is intended for
marketing purposes only and not designed as a substitute for full
disclosure as defined by the Truth in Savings Act. If you are
interested in obtaining full disclosures of any account described
above, please contact a Citizens National Bank Customer Service
Representative.
|