Commercial Savings

Commercial Savings Account

Additional Terms.
The following additional terms apply to this account and also see Limits and Fees Disclosure.

  • Free Internet Banking
  • Bill Pay (3 month FREE trial period)
  • Free 24 hour telephone banking
  • A fee of $2.00 will be charged for each withdrawal in excess of three during a quarter. Fees could reduce earning on the account.
  • Transaction Limitations
  • Covered Transfers and Withdrawals:
  • A depositor may make no more than six covered withdrawals per statement cycle.
  • Transfers or withdrawals made to another account of the same depositor at the same bank and to a third party, if made by preauthorized transfer, automatic transfer, by telephone, including fax, or with the bank’s home or internet banking service.
  • Transfers to a third party, if made by check, draft, debit card, or similar order made by the depositor and payable to third parties.
  • Non-Covered Transfers and Withdrawals:
  • There is no limit to the number of non-covered transfers or withdrawals.
  • Transfers for the purpose of repaying loans and associated expenses at the bank.
  • Transfers from one account of the depositor to another account of the same depositor and withdrawals from the account, if made by mail, ATM, or in person.
  • Withdrawal made by telephone via check mailed to the depositor and transfer into the account.
  • If you close your account within 90 days a fee of $50.00 will apply.
  • We will charge your account a $2.00 per calendar day “daily overdraft fee” after the 7th consecutive day your account is overdrawn.