Baby looking at money from a wallet
Open an interest-bearing Personal Checking Account with a minimum opening deposit of $1,000.00 and watch your money grow. A minimum balance of $1,000.00 must be maintained to avoid a service charge and earn the annual percentage yield (APY) on this interest bearing checking account.
Pricing information and disclosures
- Interest Information: This account earns interest. Please request a Rate Sheet for the interest rates and annual percentage yields. The Bank may change the interest rate and annual percentage yield (APY) at any time without notice. Your interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest on your account will be compounded monthly and credited monthly. The Bank uses the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the balance in your account each day. When your account is closed you will forfeit any accrued interest.
- Minimum Balance Requirements: To open the account, you must deposit at least $1,000.00.
A minimum balance fee of $10.00 will be imposed every month if the balance in the account falls below $1,000.00 any day of the month.
- To obtain the annual percentage yield: You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.
Deposit balances are insured up to the maximum amount permitted by law. Please see www.fdic.gov for insurance coverage. Casey State Bank reserves the right to refuse any deposit.
Please refer to the fee schedule for more information regarding this savings account.