|
Millennium Free Checking
A checking account with no minimum
balance requirements or monthly maintenance fees. You will receive a
monthly itemized statement including imaged copies of your checks.
Opening Balance:
$100.00
Monthly Maintenance fee: NONE
Millennium
Now Checking
A checking account with Interest. You
will receive a monthly itemized statement including imaged copies of
your checks.
Opening Balance:
$100.00
Minimum Balance to avoid Maintenance
Fee $1,000.00
Minimum Balance to Earn Interest and
Annual Percentage Yield: $1,000.00
(No interest earned on days balance
falls below minimum or average balance of $1500.00)
Monthly Maintenance Fee:
$7.00
(If balance falls below minimum anytime
during the monthly statement cycle)
Interest Payment:
Interest will be compounded and credited to your account monthly on
the statement date.
Interest Method: We use the daily balance method
to calculate the interest on your account. This method applies a daily
periodic rate to the principal in the account each day. If you close
your account before interest is credited, you will not receive the
accrued interest. Interest begins to accrue no later than the business
day we receive credit for the deposit of non-cash items (e.g., Checks).
At our discretion, we may change the Interest Rate and Annual Percentage
Yield on your account daily. See our rate sheet for the current Annual
Percentage Yield.
Senior Millennium
Now Checking
A checking account with interest and no
monthly fees. Minimum age to open is 50. You will receive a monthly
itemized statement including imaged copies of your checks.
Opening balance:
$100.00
Monthly Maintenance fee: None
Interest payment:
Interest will be compounded and
credited to your account monthly on statement date.
Interest Method: We use the daily balance method to
calculate the interest on your account. This method applies a daily
periodic rate to the principal in the account each day. If you close
your account before interest is credited, you will not receive the
accrued interest. Interest begins to accrue no later than the business
day we receive credit for the deposit of non-cash items (e.g., Checks).
At our discretion, we may change the Interest Rate and Annual Percentage
Yield on your account daily. See our rate sheet for the current Annual
Percentage Yield.
 |
 |
Millennium Money Market
This account offers a monthly itemized
statement and tiered interest rate with limited check writing
privileges. Statement includes imaged copies of your checks.
Opening Balance:
$1,000.00
Minimum Balance to avoid Fee:
$1,000.00
Maintenance Fee:
$10.00
(If balance falls below minimum or
average balance of $2,500.00 anytime during the monthly statement
cycle.)
Balance Tiers:
Tier
One $1,000.00- $24,999.99
Tier Two $25,000.00 - $49,999.99
Tier Three $50,000.00 - $99,999.99
Tier
Four $100,000.00 or more
Activity Charges:
$10.00 per check in excess of three checks paid per statement cycle.
Interest Payment: Interest will be compounded and credited to your account
monthly on the
statement date.
Transfers: You may make six (6) transfers from your account to another account or
to third parties by preauthorized, automatic, or telephone transfer
during a monthly cycle. Only three (3) may be payments by check or
similar order to third parties. Unlimited over the counter withdrawals
are allowed at the bank. Excess activity charges will apply for
exceeding transaction limits and item(s) may be returned. If you exceed
the number of allowable transfers or checks in more than three (3)
months in any 12 month period your Millennium Money Market account will be
converted to a NOW account or one of our checking accounts.
Interest Method: We use daily balance method to calculate the interest on your account.
This method applies a daily periodic rate to the principal in the
account each day. If you close your account before the interest is
credited, you will not receive the accrued interest. Interest begins to
accrue no later than the business day we receive credit for the deposit
of non-cash items (e.g. Checks). At our discretion, we may change the
Annual Percentage Yield on your account daily.
See our rate sheet for the current
Annual Percentage Yield
Overdraft Protection
This pre-approved line of credit provides
cash when you need it, and overdraft protection, saving you the expense
and inconvenience of an overdrawn checking account.
|
Deposit Rates
Contact Us
TeleBank Information
Privacy
Policy and Disclosure
 |
