Minimum balance to open - The minimum balance required to open this account is $100.00.
Minimum balance to avoid maintenance fee - If your balance falls below $100.00 on any day in the month, your account will be subject to a $2.50 maintenance fee for that month.
Interest - This account earns interest. At our discretion, we may change the interest rate for this account. The interest rate and annual percentage yield may change at any time. Interest will be compounded quarterly. Interest will be credited into this account quarterly. Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Interest will begin to accrue on the business day you deposit items into your account.
Minimum balance to obtain the disclosed annual percentage yield - You must maintain a minimum daily balance of $100.00 in your account each day to obtain the disclosed annual percentage yield.
Deposit limitations - You may make an unlimited number of deposits into your account.
Limitations on frequency of transfers – The depositor is permitted or authorized to make no more than six transfers and withdrawals, or a combination of such transfers and withdrawals, per calendar month or statement cycle of at least four weeks, to another account of the depositor at the same institution or to a third party by means of a preauthorized or automatic transfer, or electronic (telephone, internet, or insufficient funds transfer) agreement, order or instruction, or by check, draft, debit card (if applicable) or similar order made by the depositor and payable to third parties. If you exceed the transfer limitations set forth above in any statement period, your account may be subject to closure by the financial institution.
Non-transaction account - What this means is, electronic debits, electronic generated checks and paper debits are prohibited. Credits are allowed.
Internet Banking - Internet banking is available as a free service.
eStatements - Free eStatements through CSB internet banking with opt-in and agreement to terms online.