• You must deposit $100.00 to open this account.
  • 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.
  • Interest on your account will be compounded quarterly.
  • Interest will be credited to your account quarterly.
  • Interest begins to accrue no later than the business day we receive credit for the deposit of non cash items.
  • The interest rate on this account is variable. We may change the interest rate on your account at our discretion.
  • You will receive a statement for this account at least quarterly.
  • During any month you may not make more than 6 withdrawals or transfers to another account of yours or an automatic transfer or telephone order or instruction, computer transfer.
  • You may make six free (6) debits from your account each quarter. A fee of $2.00 will be imposed for each subsequent debit.
  • Please contact customer service at 256-845-6101 to obtain the current interest rate and annual percentage yield for this account.



CHRISTMAS CLUB

  • $5.00 minimum deposit.
  • 50 week program beginning in the month of November each year.
  • Coupon book or automatic withdrawal.
  • Interest is paid at the end of the term.