Savings Builder is the right account for you if you are looking for an easy way to save for your next vacation, holiday gifts, or just anything worth saving for.
Minimum to Open - $25
Monthly Account Service Charge - No monthly service charge for the first nine months. After nine month grace period, $4.
Requirement to avoid account service charge - $300 minimum daily balance
Interest Bearing - Yes
Two withdrawals per month at no charge. An additional service fee of $1.50 will be assessed for each withdrawal in excess of two per month.
Statement Options - Paper or eStatements available
Federal Regulations limit preauthorized transfers to third parties or to another account of yours to 6 per month (including debit transactions, ACH transfers, telephonic transfers or similar order). In-person withdrawals and transfers including at an ATM, and internal transfers to make loan payments are not limited.