FDIC-Insured—Backed by the full faith and credit of the U.S. Government
Statement Savings
A quarterly statement is issued to you. The number of withdrawals is limited by government regulation to six per month. Withdrawals in person, by mail or messenger are unlimited. This account earns daily compounded interest from the date of the deposit to the date of the withdrawal.
Money Market Accounts
This is like Checking with Interest, only it pays higher interest. Unlike Checking with Interest, however, the number of withdrawals is limited by government regulation to six per month. Withdrawals in person, by mail or messenger are unlimited. $2,500 minimum to open; $2,500 minimum balance to avoid service charge; interest is paid while the daily balance is $2,500 or more. There is a charge of $10 per excess withdrawal.