Passbook Savings Account
A Passbook account offers convenience- just present your passbook with each transaction to maintain a handy record of your account activity. No service or activity charges apply if a $100.00 minimum daily balance is maintained. Minors, students, and depositors over age 55 are exempt from any fees. Interest is credited to your passbook account monthly.
A monthly fee of $7 will be charged if the minimum balance falls below $100.
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The Federal Deposit Insurance Corporation (FDIC) has permanently increased deposit insurance on all accounts to $250,000 per depositor.