Personal Savings

Personal Savings Account

Variable Rate Information
  • Call 979-732-2332 for current rates.
  • Your interest rate and annual percentage yield may change.
  • Determination of Rate: At our discretion, we may change the interest rate on your account.
  • Frequency of Rate Change: We may change the interest rate on your account at any time.
  • Limitations on Rate Changes: There are no maximum or minimum interest rate limits for this account
Compounding and Crediting
  • Interest will be compounded daily and will be credited to your account monthly.
  • If you close your account before interest is credited, you will not receive the accrued interest.
Minimum Balance Requirements
  • You must deposit $200.00 to open this account.
  • A minimum balance Service Charge (maintenance fee) of $3.00 will be imposed every statement cycle if the balance falls below $200.00 any 1 day of the statement cycle.
  • You must maintain a minimum daily balance of $200.00 in the account each day to obtain the disclosed annual percentage yield.
  • You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.
Processing Order
  • The numbered list below is the order in which debits and credits are posted to your account. 
    1. All credit transactions
    2. ATM/Debit Card Transactions
    3. Bill Pay Transactions (Paid in smallest amount to largest amount order)
    4. Forced paid Checks
    5. All other paper debits (Paid in check number)
    6. ACH Transactions (Paid in smallest amount to largest amount order)
    7. All other Electronic Items (i.e.: Return charge, Overdraft charge, Service charge, ATM fee, In-house transfer charge, Auto transfers, Auto loan payments, etc.)
Balance Computation Method
  • We use the daily balance method to calculate interest on your account.
  • This method applies a daily periodic rate to the principal in the account each day.
Accrual on Noncash Deposits
  • Interest begins to accrue on the business day you receive credit for the deposit of noncash items (for example: checks).
Transaction Limitation
  • You may make two withdrawals from your account every statement cycle.
  • A Service Charge (maintenance fee) of $5.00 will be imposed for each subsequent debit.
Current Rate Information
  • The rate(s) and annual percentage yield(s) disclosed above were offered and accurate within the most recent seven calendar days.
  • To obtain current rate and percentage yield information, please call 979-732-2332.

Seven Day Personal Savings

Variable Rate Information
  • Call 979-732-2332 for current rates.
  • Your interest rate and annual percentage yield may change.
  • Determination of Rate: At our discretion, we may change the interest rate on your account.
  • Frequency of Rate Change: We may change the interest rate on your account at any time.
  • Limitations on Rate Changes: There are no maximum or minimum interest rate limits for this account
Compounding and Crediting
  • Interest will be compounded daily and will be credited to your account weekly.
  • The annual percentage yield assumes interest will remain on deposit until maturity.
  • A withdrawal will reduce earnings.
  • If interest is credited to another account or paid to you by check, this may reduce earnings and may negate the effect of interest compounding.
  • If you close your account before interest is credited, you will not receive the accrued interest.
Minimum Balance Requirements
  • You must deposit $1,000.00 to open this account.
  • After the account is opened you may make deposits at any time.
  • You must maintain a minimum daily balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
  • You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.
Processing Order
  • The numbered list below is the order in which debits and credits are posted to your account. 
    1. All credit transactions
    2. ATM/Debit Card Transactions
    3. Bill Pay Transactions (Paid in smallest amount to largest amount order)
    4. Forced paid Checks
    5. All other paper debits (Paid in check number)
    6. ACH Transactions (Paid in smallest amount to largest amount order)
    7. All other Electronic Items (i.e.: Return charge, Overdraft charge, Service charge, ATM fee, In-house transfer charge, Auto transfers, Auto loan payments, etc.)
Balance Computation Method
  • We use the daily balance method to calculate interest on your account.
  • This method applies a daily periodic rate to the principal in the account each day.
Accrual on Noncash Deposits
  • Interest begins to accrue on the business day you receive credit for the deposit of noncash items (for example: checks).
Transaction Limitation
  • You have a grace period of two business days (including the maturity date and any holidays, but excluding Saturday & Sunday) to withdraw funds without being charged an early withdrawal penalty or early withdrawal fee. (See Early Withdrawal Provision).
Maturity Date
  • Your account will mature after seven days.
Early Withdrawal Provisions
  • We will impose an early withdrawal interest penalty if you withdraw any or all of the funds before the maturity date.
  • If you make a withdrawal of less than the full amount of the account, you will receive an early withdrawal interest penalty on the amount withdrawn.
  • The penalty imposed will equal seven days of interest on your account.
  • An early withdrawal fee of $5.00 will be charged to your account also.
Renewal Policies
  • Your account will automatically renew at maturity.
  • You will have a grace period of one business day after the maturity to withdraw the funds in the account without being charged an early withdrawal penalty and early withdrawal interest penalty.
Current Rate Information
  • The rate(s) and annual percentage yield(s) disclosed above were offered and accurate within the most recent seven calendar days.
  • To obtain current rate and percentage yield information, please call 979-732-2332.

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