Atkins Savings Bank & Trust
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Checking

Checking Account

Minimum balance to open the account - You must deposit $100.00 to open this account.

Statements - You will receive a monthly statement from ASB for this account.

NOW Account

Rate information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on your account at any time.

Determination of rate - At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency - Interest will be compound every month. Interest will be credited to your account every month.

Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to open the account - You must deposit $800.00 to open this account.

Minimum balance to avoid imposition of fees - A base charge of $5.00 will be imposed every statement cycle if the balance in the account falls below $800.00 any day of the cycle.

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 non-cash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).

Fees - A per debit fee of $.10 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment out of this account). This fee will apply if your daily balance falls below $800.00 during the statement cycle.

Statements - You will receive a monthly statement from ASB for this account.

Money Market Account

Rate information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on your account at any time.

Determination of rate - At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.

Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to open the account - You must deposit $1,500.00 to open this account.

Minimum balance to avoid imposition of fees - A base charge of $7.50 will be imposed every statement cycle if the balance in the account falls below $1,500.00 any day of the cycle.

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 non-cash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks).

Transaction limitations - Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check or similar order to third parties are limited to six per monthly statement cycle.

Fees - A per debit fee of $5.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment out of this account) in excess of six during a statement cycle.

Statements - You will receive a monthly statement from ASB for this account.


For more information stop in or contact us.

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