Golden Savings
This account is an interest-bearing account.
Minimum Opening Deposit: $100.00
Rate Information: The interest
rate and annual percentage yield may change. At our discretion, we may change
the interest rate on the account at any time. Interest begins to accrue on
the first business day of your deposit for either cash or noncash items (checks)
if received by 5:00 p.m. Interest will be accrued on the daily balance, compounded
quarterly and credited to your account quarterly. If you close the account
before interest is credited, you will not receive the accrued interest.
Balance Information: We use the daily
balance method to calculate the interest on the account. This method applies
a daily periodic rate to the principal in the account each day. This account
must maintain at least a $100 balance at all times to earn interest and remain open.
Limitations: We will assess a $50 charge if you close your account within 90 days of account opening. We will assess a $20 charge for any withdrawals made within 90 days of account opening and for withdrawals over limit.
Statement Period: Quarterly
Christmas Club Savings
This account is an interest-bearing account.
Minimum Opening Deposit: $25.00
Rate Information: The interest rate
and annual percentage yield may change. At our discretion, we may change the
interest rate on the account at any time. Interest begins to accrue on the
first business day of your deposit for either cash or noncash items (checks)
if received by 5:00 p.m. Interest will be accrued on the daily balance; and
credited and paid to your account at maturity. If you close the account before
interest is credited, you will not receive the accrued interest.
Balance Information: We use the daily
balance method to calculate the interest on the account. This method applies
a daily periodic rate to the principal in the account each day. No compounding
occurs.
Time Account Information: Your account
will mature the last Friday in October of each calendar year. The account
will remain open at maturity. We will mail a check to you for the account
balance, including interest, on the first Friday of November. The annual percentage
yield assumes interest will remain on deposit until maturity.
Account Fees: If you withdraw any of
the principal before the maturity date, we will impose a penalty of $20 per
withdrawal.
Statement Period: Annually
Moola Moola Savings
This account is an interest-bearing account for children through age
11.
Minimum Opening Deposit: $10.00
Rate Information: The interest rate and
APY may change. At our discretion, we may change the interest rate on the
account at any time. Interest begins to accrue on the first business day of
your deposit for either cash or noncash items (checks) if received by 5:00
p.m. Interest will be accrued on the daily balance, compounded quarterly and
credited to your account quarterly. If you close the account before interest
is credited, you will not receive the accrued interest.
Balance Information: We use the daily
balance method to calculate the interest on the account. This method applies
a daily periodic rate to the principal in the account each day.
Limitations: We will assess a $50 charge if you close your account within 90 days of account opening. We will assess a $20 charge for any withdrawals made within 90 days of account opening and for withdrawals over limit.
Incentives: A prize may be chosen for
each additional deposit ($5.00 minimum). Club members will be eligible for
Moola Moola contests and games, invited to special events, birthday celebrations,
and seasonal parties.
