The Regular Savings account is a simple account that offers daily compounding interest which is credited to your account quarterly. This account is designed to start building cash reserves with a smaller balance. Transfers from a Regular Savings account to another account or to third parties by pre authorized, automatic, computer, or telephone transfer are limited to six per month with no transfers by check, draft, debit card, or similar order to third parties.
The minimum opening deposit is $200. See fee schedule.
Account has no monthly fee if a daily balance of at least $200 is maintained. If the daily balance falls below $200 a $3/month maintenance fee is charged. Fees could reduce earnings.