• Minimum deposit of $100 to open an account.
• Interest is compounded quarterly and credited on the last day of each calendar quarter. If you close your account before interest is credited, you will not receive the accrued interest.
• Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account monthly.
• If the balance falls below $100 during the month, a $5.00 service fee will be assessed each month. (under age 21 excluded).
• A $1.00 charge per withdrawal begins with the fourth withdrawal during any calendar month.
• Any account overdrawn by an electronic transfer will receive a $25.00 service charge.

With $5, $10, or $20 you can open a Christmas Club Account. Interest rate is determined by State Bank of Herscher and is credited to and compounded at Club year-end. Checks are mailed early October. Accounts closed prior to Club year-end forfeit the accrued interest.