• The minimum balance required to open a regular checking account is $500.00.

ACCOUNT FEES ON REGULAR CHECKING:

•  If the balance in the account falls below $500.00 during the month, we will assess a $10.00 service charge for the month. Service charge based on average collected balance with an earnings credit less charge for various transactions as follows:
• $0.12 per debit item
• $0.20 per credit item
• $10.00 Account Maintenance Fee
• Earnings Credit - Most recent published target fed funds rate at the 1st of the month

EFFECT OF CLOSING AN ACCOUNT:

• If your account is closed during a statement cycle, the service charge will be waived. Your daily balance on each day is the ending balance of the account from the previous day, plus deposits and minus withdrawals made that business day.