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Savings
Requirements
- Minimum balance to open -
$50.00
No minimum balance for minors under age 18.
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Benefits
- Interest is compounded
quarterly and credited on the last day of each quarter. If the
account is closed before interest is credited, you will not
receive the accrued interest. We use the daily balance
method to calculate the interest on your account.
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You may make up to 6 preauthorized withdrawals or transfers per month.
You may make additional withdrawals in person, by mail, by phone
or from an ATM . No checks may be written on this account.
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Cost
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Quarterly maintenance charge of $1.00 will
be assessed if the average daily balance drops below $50.
A dormant service charge of $2.00 will be assessed quarterly if the
account has no activity for twelve months and the
account balance drops below $50. This dormant charge does not apply to
accounts held in the name of minors under the age of 18 or to senior
citizens over the age of 62. -
ATM/Debit card fees-$1.00
charge for withdrawals at ATM's that aren't owned by Olpe State Bank.
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