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Account Details: Free Combo Checking and Savings

Account Description:

This account consist of two consumer accounts; a no interest checking account and a statement savings account
 

Requirements
  • $100.00 minimum opening balance for checking
  • $ 25.00 minimum opening balance for savings
  • This account requires an automatic transfer of at least $25.00 per month from the checking account into the statement savings account.
Benefits
  • Unlimited check writing
  • Automatic way to save
  • Monthly statements with images of checks and deposits  
Cost
  • No service charge as long as there is an automatic transfer from checking to savings per statement cycle
  • If the transfer is ever cancelled or either account is closed, the account(s) would respectively convert to a Regular Checking and/or a Statement Savings Account with those accounts’ associated account features and charges.

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