Monthly service charge:
$.50 will be charged each month.
Per item fee:
$.08 will be charged for each paper check and ACH debit transaction out of this account.
This account features an earnings credit which is applied to reduce or eliminate fees on the account. If the earnings credit exceeds the fees for any period, you will be assessed no fees but you will not be paid, carry forward or otherwise receive credit for any excess earnings credit.
Earnings Credit Calculation:
The earnings credit will be calculated by looking at the lowest daily balance during the statement cycle. The earnings credit will be $.10 per $100.00. For example, if the lowest daily balance for the statement cycle is $100.00 the amount of the earnings credit for the statement cycle is $100.00 the amount of the earnings credit for the statement cycle is $.10.