Truth In Savings Citizens Solid Gold Savings Account
Minimum balance requirements - You must deposit $100.00 to open this account. The minimum balance fee of $5.00 will be imposed each month that the balance in the account falls below the minimum balance set forth. You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.
Rate Information - Your interest rate and annual percentage yield may change.
Frequency of rate changes - We may change the interest rate on your account every day.
Determination of rate - At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency - Interest will be compounded quarterly. Interest will be credited to your account quarterly.
Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits - Interest begins to accrue on the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations - You may make one cash withdrawal per month without charge. A fee of $5.00 will be imposed for each cash withdrawal after the first per month. Third party transfers are not allowed from the savings account.
| Fees | |
|---|---|
| Check printing | Fee depends on style of check ordered |
| Overdraft (each debit or check paid) | $24.00 |
| Nonsufficient funds (NSF) item (each) | $24.00, NO Max |
| Account research | $10.00 per hour, one hour minimum |
| Account balancing assistance | $10.00 per hour, one hour minimum |
| Stop payments | $25.00 each |
| Dormant fee (no activity for 365 consecutive days) | $5.00 |
| ATM withdrawal, inquiry (Citizens ATMs) | $0 |
| ATM withdrawal, inquiry (non-Citizens ATMs) | $2.00 |
| Photocopy of monthly statement | $1.25 each |
| Photocopy of form 1099, check or deposit item | $1.25 each |
