Account
Name |
Regular/Minors
Savings |
AmeriMax
Savings |
Certificates of
Deposit |
IRA
Accounts |
Money Market
Accounts |
Prime Rate²
Money Market
Account |
| Minimum to Open |
$100 |
$100 |
$1,000 |
$1,000 |
Regular MMA: $2,500
Premium MMA: $10,000 |
Balances of:
$10,000 to $24,999 earns 40% of the PR²
$25,000 to $49,999 earns 45% of the PR²
$50,000 or more earns 50% of the PR² |
| Monthly Service Charge |
None |
None
if minimum is
maintained |
None
if minimum is
maintained |
None
if minimum is
maintained |
None
if minimum is
maintained |
None, if minimum is maintained |
| Minimum Daily Balance to Avoid Monthly Charge |
$200
$2 monthly fee is assessed
if below the minimum |
$2,500
$15 monthly fee is assessed
if below the minimum |
$1,000 |
$1,000 |
Regular MMA:$2,500
Premium MMA: $10,000 |
$10,000 |
| Eligibility & Transaction Activity Guidelines
| -4 withdrawals per month
-$2 for each debit over limit
-No deposit limits
-Transaction Limitations1
| -4 withdrawals per month
-$2 for each debit over limit
-No deposit limits
-Transaction Limitations1
| -Various terms and rates
ranging from 7 days to
60 months
-Early withdrawal
penalties may apply
and loss of interest
| -Refer to Product Brochure
| R-MMA: $10 fee if below minimum
P-MMA: $25 fee if below minimum
-No deposit limits
-Allows 3 checks to 3rd
parties per month
-Withdrawals are
unlimited in person
-Transactions limits-6
-Excess check fee $25 each
-Transaction Limitations1 |
$25 fee and no interest if below minimum
-No deposit limits
-Allows 3 checks to 3rd parties per month
-Withdrawlas are unlimited in person
-Transaction limits – 6 per monthly cycle
-Transaction limitations¹
-Excess check fee $25 each |
| FDIC Insured |
YES |
YES |
YES |
YES |
YES |
YES |
| Other Features: |
-Statements are Quarterly
-Transfers free thru
telephone or internet banking
-Interest is compounded and
paid quarterly
-Account is available to
minors with NO minimum
balance requirements
| -Monthly Statements
-Transfers free thru
telephone or internet banking
-Interest is compounded and
paid monthly
| -Interest is compounded
and paid monthly
| -Interest is compounded
and paid monthly
| -Monthly Statements
-Interest is compounded
and paid monthly
-Transfers free thru
telephone or internet banking
|
-Monthly Statements
-Interest is compounded and paid monthly
-Transfers free thru telephone or internet banking
-Interest rate is indexed to the Prime Rate² posted in
the Wall Street Journal. |
