A minimum deposit of $200 is required to open this account. There are no limitations on the number of deposits that may be made in connection with this account.
In assessing periodic fees, the account balance is determined using both the daily balance method and the average daily balance method. To avoid periodic fees, a minimum daily balance of at least $500 or an average daily balance of at least $1,100 must be maintained during the statement period. If the account balance does not meet one of the balance requirements, then there is a $7.00 monthly maintenance fee. The Personal Checking Account will not earn or be paid interest.