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Accounts: Flex-One Savings

 

Flex-One Savings

Description:

  • High rate of interest for larger investments! 

Requirements:

  • You must deposit $150,000 to open this account
  • You may only make 6 pre-authorized transfers from your account each statement period. Transfers from a Flex-One savings account or to third parties by preauthorized, automatic or telephone transfers are limited to six per month with no transfers by check, draft, debit card or similar order to third parties.

Benefits:

  • The interest rate for your account will be determined by the 90-day Treasury Bill as published in the Wall Street Journal and may change on your account weekly if the published rate has changed.

Cost:

  • A minimum balance fee of $5.00 will be imposed every month if the balance in the account falls below $150,000 any day of the month.


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