NOW Account
The NOW Account is an interest bearing account with check writing capability. The NOW Account is tiered so the rate increases as your balance increases.
| Tier | Interest Rate | Annual Percentage Yield (APY) |
| Less than or equal to $1,999.99 | * | * |
| $2,000.00 and above | * | * |
*Please give us a call for our current rates
The interest rates and annual percentage yields may change at any time.
Compounding Frequency-Interest will be compounded monthly
Crediting Frequency- Interest will be credited into this account monthly
Daily Balance Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance each day.
Accrual of Interest on Noncash Deposits- Interest will begin to accrue on the business day you deposit noncash items (i.e.:checks) into your account.
Minimum Balance to Open- The minimum balance required to open this account is $25.00
Minimum Balance to Avoid Service Charge – Base service charge per statement period based on the low balance. A service charge of $0.15 is applied per check after 30 checks if the balance during the statement period drops below $500.00.
•» $2,000.00 and above — No Charge
•» $1,500.00-$1,999.99 — $2.00
•» $1,000.00-$1,499.99 — $4.00
•» Below $1,000.00 — $6.00
Deposit Limitations- You may make an unlimited number of deposits into your account.
Withdrawal Limitations- The bank reserves the right to require 7 days written notice prior to withdrawl.
