STATEMENT SAVINGS

Definition:

An open deposit account which earns our statement savings interest rate.  The customer will receive a statement quarterly.  A statement savings account gives customers the ability to conduct ACH, ATM, and/or account transfers activity from the account.

Features:	Benefits:
Funds are invested in an open account that has no maturity	Funds always available **
Additional deposits may be made to account at any time and in any amount	Flexibility
Up to 3 withdrawals may be made per month without a fee*	Convenience
FDIC insurance	Safety
Quarterly statement	Easy record keeping for deposits, withdrawals, and interest
Automatic debit and credits available	Direct deposit, insurance premium, and automatic loan payment
ATM card	24 hour teller
Who Is Eligible: Individuals Businesses Organizations	Opening Requirements: Minimum $75.00 ($100 to earn interest) Acceptable ID Social Security Number or Tax ID Number
* Account may be changed to transaction account status. ** Seven day written notice of withdrawals may be required.