12 Free Benefits of the 55-PLU$
Program
Ø No-fee checking account
Ø Free first order of
200 single-copy safety-blue wallet checks (or a $10
credit on purchase of other check
types)
Ø Free first ATM card
Ø No annual ATM card
fee
Ø Free first debit
card
Ø No annual debit
card fee
Ø Free traveler's
checks for up to two persons
Ø Free incoming wire
transfers
Ø Free coin counting
Ø Free notary
services
MORE
money-saving benefits when you open your 55-PLU$ Account
Ø $5.00 discount on safe
deposit box rent.
Ø Unique loan
programs for account holders.
Important information about the
55-PLU$ Program
Interest Rates. The Bank sets rates of
interest, based on the average daily balance of the account. Rates and annual percentage
yields (APY) may change from time to time. 55-Plus account members receive
exception pricing.
Average Daily Balance. The daily balance of the account
for each day of the month is added. The result is divided by the number of days in the
month.
Accruing
Interest. Interest on cash and non-cash deposits (for example, checks)
begins to accrue on the business day of the deposit.
Compounding
and Crediting Interest. Interest is compounded daily and credited
monthly. Interest is paid on the 25th of the month. NOTE: If you
close your account before the date interest is paid, you will not receive the
accrued interest for the month in which the account is closed.
Balance
and Deposit Requirements.
Ø
No minimum balance applies to the 55-PLU$ Account. |
