Your Money! Your Future!
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Savings Account Millennium Bank offers savings accounts designed to help you reach your financial goals with options to suit your individual needs and can help you manage your cash conveniently, efficiently and effectively. |
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Millennium Savings Account
Opening Balance: $100.00
Minimum Balance to earn interest:* $100.00
(No interest earned on days balance falls below minimum balance of $100.00)
Quarterly Maintenance Fee: None
Activity Charge: $1.00 each
(In excess of ten (10) withdrawals per quarter)
Interest payment: Interest will be compounded and credited to your account quarterly 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 choose to close your account before the interest is credited, you will not receive the accrued interest. Interest begins to accrue on the business day of your deposit for either cash or non-cash items. At our discretion, we may change the Annual Percentage yield on your account daily.
Millennium Super Savers
Opening Balance: $1,000.00
Minimum Balance to earn interest:* $1,000.00
(No interest earned on days balance falls below minimum balance of $1,000.00)
Quarterly Maintenance Fee: $5.00
(If balance falls below average balance of $2,500.00 anytime during the quarterly statement cycle.)
Activity Charge: $1.00 each
(In excess of ten (10) withdrawals per quarter)
Interest payment: Interest will be compounded and credited to your account quarterly 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 choose to close your account before the interest is credited, you will not receive the accrued interest. Interest begins to accrue on the business day of your deposit for either cash or non-cash items. At our discretion, we may change the Annual Percentage yield on your account daily.
See our rate sheet for the current Annual Percentage Yield.
* Special holds placed on accounts may affect interest earned.
