Chappell Hill Bank

Personal Banking Products & Services

Savings & Money Market

Statement Savings Accounts

Our Savings Account allows your money to earn interest while still having easy access to deposits and withdrawals.

 

Requirements

  • $100.00 minimum opening balance
  • $25.00 minimum deposit to open for minors (under 18 years of age)

Benefits

  • Earns interest
  • Can make as many deposits as you like, without receiving any service charges.
  • Quarterly statements provided
  • Can make up to three debits to the account per quarter with no fee; $1.00 fee per debit in excess of three during a quarter.
  • No service charge for a minor’s savings account

Fees

  • $1.00 fee per debit in excess of three during a quarter.
  • $3.00 service charge if the balance in the account falls below $200.00 any day of the statement cycle. 

 

Money Market

A Money Market account earns interest and offers limited check writing.

 

Requirements

  • $1,000.00 minimum opening balance
  • Allows for six monthly transactions without incurring a fee.

Benefits

  • Earn interest with the ability to write three checks per statement cycle.
  • Monthly statements with images of checks and deposits
  • No service charge on accounts with a daily minimum balance of $2,500.00 or more.

Fees

  • $10.00 service charge on accounts with balances of $0 to $2,499.99 and no interest paid.
  • A debit fee of $10.00 will be charged for each debit transaction in excess of six per statement cycle.