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Youth Savings

  • Interest bearing account
  • Interest begins to accrue on the business day you deposit noncash items (ie.: checks)
  • Interest compounds quarterly and will credited to the account quarterly
  • The average daily balance method is used to calculate interest for the account, which applies a periodic rate to the average daily balance in the account for the period
  • Requires a $5.00 minimum deposit to open this account
  • You are limited to six (6) transfers from your account each four (4) week or similar period
  • By preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties
  • Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited
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