|
|
Minimum Opening Deposit
|
Monthly Services Charges
|
|---|---|---|
| Basic Savings |
$50.00
|
$15.00 Quarterly Dormant Fee
$5.00 per debit/withdrawal in excess of 3 per month *Interest is paid only if Average Daily balance of $100.00 is met each cycle |
| Premium Savings |
$250.00
|
$15.00 Quarterly Dormant Fee
$5.00 per debit/withdrawal in excess of 3 per month *Interest is paid only if Average Daily balance of $750.00 is met each cycle |
| Money Market Savings |
$2,500.00
|
$15.00 Quarterly Dormant Fee
$5.00 per debit/withdrawal in excess of 3 per month *Interest is paid only if Average Daily balance of $3,000.00 is met each cycle |
| Christmas Club |
$25.00
|
$10.00 per debit/withdrawal in excess of 6 per quarter
*Interest is compounded daily and is credited annually
|
| Certificate of Deposit |
$1,000.00
|
*Early withdrawal fees apply, see banker for details
*Interest paid by account deposit
|
Important information about procedures for opening a new account:
Southwest Capital Bank complies with section 326 of the USA PATRIOT Act. Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account such as name, address, and date of birth and taxpayer identification. We may ask to see your driver’s license or other identifying documents.
*Regulation D limits the amount of pre-authorized transfers, checks, drafts, or debit card transactions to six per month (savings) or statement cycle (all other accounts), including transfers to a linked checking account for overdraft protection.