|
|
Accounts: Senior
Rewards Savings
Requirements
- MINIMUM OPENING BALANCE $1000.00
- MUST HAVE
SENIOR MANAGEMENT CHECKING ACCOUNT
- MUST BE 55 OR
OVER
|
Benefits
- INTEREST IS
COMPOUNDED QUARTERLY AND CREDITED TO THE ACCOUNT QUARTERLY.
- THE DAILY
BALANCE METHOD IS USED TO CALCULATE THE INTEREST ON THIS ACCOUNT.
THIS METHOD APPLIES A DAILY PERIODIC RATE TO THE PRINCIPAL IN THE
ACCOUNT EACH DAY.
|
Cost
- BALANCE BELOW $1000.00 WILL HAVE A
SERVICE CHARGE OF $3.00
|
|
