Your interest rate and annual percentage yield may change. We may change
the interest rate at any time.
Interest begins to accrue on the business day you deposit non-cash items.
During the statement period, you may not make more than six (6)
withdrawals or transfers to another account of yours or to a third party
by means of a preauthorized or automatic transfer order or instruction.
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 is compounded daily and credited to your
A dormant account fee of $1.50 will be charged each quarter, if for three
years (previous) there is no activity, and the balance is under $25. Any
savings account that has an average balance lower than $100 shall have
a service charge of $6 semi-annually on statement dates (6/30 & 12/31).
Service charges are waived for full-time students and children under six
years of age.
Overdraft Fee (per item) $20
An account register is issued at the time of account opening for recording
transactions by the customer. If you prefer the bank to record transactions,
the register may be brought in to the bank each time a transaction is
made. Personalized deposit and withdrawal tickets will be mailed to the
The current interest rate and annual percentage yield are available upon
You can access your Exchange State Bank savings account at an ATM by using
For more information, e-mail us at: email@example.com