Truth-In-Savings Disclosure

Personal Checking Account

Minimum balance to open the account - You must deposit $200.00 to open this account.

Minimum balance to avoid imposition of fees - A service charge fee of $8.00 will be imposed every statement cycle if the balance in the account falls below $500.00 any day of the cycle.

Benchmark Account

Rate Information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on your account at any time.

Determination of rate - At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.

Minimum balance to open the account - You must deposit $1,000.00 to open this account.

Minimum balance to avoid imposition of fees - A service charge fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method - 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.

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Benchmark Commercial Account

Rate Information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on your account at any time.

Determination of rate - At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.

Minimum balance to open the account - You must deposit $2,500.00 to open this account.

Minimum balance to avoid imposition of fees - A service charge fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. Please refer to the tier structure under the Your Account section for additional disclosure information.

Daily balance computation method - 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.

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction limitations - Transfers from a Benchmark account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, draft, debit card, or similar order to third parties are limited to six per statement cycle.

Fees - An excess activity fee of $15.00 will be charged for each debit transaction in excess of six during a statement cycle.

Personal Savings Account

Rate Information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on your account at any time.

Determination of rate - At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency - Interest will be compounded every day. Interest will be credited to your account every quarter.

Minimum balance to open the account - You must deposit $100.00 to open this account.

Minimum balance to avoid imposition of fees - A service charge fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method - 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.

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction limitations - Transfers from a Personal Savings account are limited to six per statement cycle.

Fees - An excess activity fee of $5.00 will be charged for each withdrawal in excess of six during a statement cycle.

HSA Account

Rate Information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on your account at any time.

Determination of rate - At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month.

Minimum balance to open the account - There will not be a minimum balance required to open the account.

Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. Please refer to the tier structure under the Your Account section for additional disclosure information.

Daily balance computation method - 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.

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Fees - An administrative fee of $25.00 will be charged one time. This fee will apply upon opening the account.

There will not be a monthly service charge on this account.

Common Features

The following fees may be assessed against your account and the following transaction limitations, if any, apply to your account.

  • Replace lost ATM or Visa Check Card - $5.00
  • ATM cash withdrawal
    • At ATMs we do not own or operate - $2.00
    • Dollar limit - $300.00 per 24 hours
  • Balance inquiry at ATMs for Checking and Savings account(s)

    • At ATMs we do not own or operate - $1.50
  • Check printing - (fee depends on style and quantity of check ordered)
  • Cashiers checks

    • Customers - $3.00
  • Traveler’s checks - 1% of amount
  • Point-of-Sale purchases from Checking account(s) - $0.00 per transaction

    • Dollar limit - $300.00 per day (includes ATM transactions)
  • The categories of transactions for which an overdraft fee may be imposed are those by any of the following means: check, in-person withdrawal, ATM withdrawal, or other electronic means.

  • Overdraft - each overdraft paid - $30.00
  • Online Banking - Free
  • Online Bill Payment - Complimentary
  • Collections

    • Incoming - $10.00
    • Outgoing - $10.00
  • Collections foreign - $100.00
  • Draft - $40.00
  • Return check charge - each - $30.00
  • Return item fee - each - $30.00
  • Special statement cutoff - $5.00
  • Balance inquiry by telephone - $1.00 per inquiry
  • Account research - $20.00 per hour plus $2.00 per copy
  • Interim statement - $5.00 (1 free per month)
  • All telephone transfer - $2.00
  • Stop payments - each - $20.00
  • Photocopies - $.25
  • Visa Gift Card - $5.00 each
  • Visa Gift Card - monthly service fee - $2.50
  •     This fee is charged after 12 months of continuous inactivity.

  • Zipper bags - $5.00 each
  • Lock bags - $25.00 each
  • Deposit item return - $5.00
  • Account activity printout - $2.00
  • Statement snapshot - $2.00
  • Account balancing assistance - $40.00 per hour
  • Wire transfers

    • Outgoing - customer
      • Domestic - $15.00
      • Foreign - $50.00
    • Incoming - customer - no charge

We may require not less than 7 days’ notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.

Commercial Checking

This account is not a consumer account to which Truth in Savings applies.

Commercial checking accounts are reviewed each month on an analysis basis and will be assessed a monthly charge only if the charges for services rendered exceed the earnings credit which is computed on the average balances maintained for the month.

  • Amount to open - $500.00
  • Service charge - $10.00 per month
  • Checks paid - $.15 each
  • Deposits - $.15 each
  • Items deposited - $.08 each
  • Rolled coin - $.08 each
  • Strapped currency - $.40 each
  • Chargebacks - $5.00 each
  • Internet banking bill payment - $.25 each
  • Remote deposit scanner charge - $50.00 per month