First Bank of Baldwin - Saver's 1st Account
|Debit item charge per statement cycle (per item)
||0-3 no charge
||4 or more $5.00 (per item)
Compounding frequency-Interest will be compounded monthly.
Crediting frequency-Interest will be credited into this account monthly.
Daily balance computation method-Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on noncash deposits-Interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.
Minimum balance to open-The minimum balance required to open this account is $10,000.00.
Minimum balance to obtain the disclosed annual percentage yield-You must maintain a minimum daily balance of $10,000.00 in your account each day to obtain the disclosed annual percentage yield.
Deposit limitations-You may make an unlimited number of deposits into your account.
Limitations on frequency of transfer-During any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution.
Fees and charges-The following fees and charges apply to this account:
-Debit item charge per statement cycle: 4 or more debit items--$5.00 per item.