Description:

• An easy way to save! 

Requirements:

• You must deposit $2,500 to open this account.
• Transfers from a Hi-Fi savings account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per statement cycle with no transfers by check, draft, debit card, or similar order to third parties.

Benefits:

• No monthly service charge if you maintain the minimum balance.
• Pays a higher rate of interest than the regular savings account.
• Interest will be compounded monthly and will be credited to your account monthly.

Cost:

• A minimum of $5.00 will be imposed every month if the balance in the account falls below $2,500 any day of the month.
• A per item fee of $.50 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of six during a statement cycle.

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